The Shiba Inu [SHIB] community was overwhelmed following a meeting with the Turkish government last week. Several conjectures began floating across the crypto-verse. While some suggested that Turkey was adopting SHIB as a legal tender, a few others speculated that the altcoin could emerge as an alternative to the Lira. The Shib team kept their lips sealed about the meeting until there was FUD in the market.
Earlier today, Shib Informer took to Twitter and cleared the air about the network’s meeting with the Turkish government.
This was followed by a flurry of tweets emphasizing that no official agreement on SHIB had been reached with any government as of yet. Rather, the most recent encounter was a “friendly approach to a government official.” This was an opportunity by the Shiba Inu network to raise awareness. As a result, the Turkish Shiba Inu team decided to introduce Mustafa Elitaş, the Turkish Minister, to the cryptocurrency.
Countries across the globe have finally begun taking interest in crypto. From accepting digital assets for payments to adopting them as legal tender, the crypto revolution was at full speed. However, the Shiba Inu community had to wait a little longer to work with governments.
Shib Informer further pointed out that SHIB isn’t ready yet, to become the official currency of any nation. However, “Shibarium/SHI/Shibanet” will possibly aid in the required expandability for the altcoin to emerge as the official currency of any country.
Shiba Inu network urges community to reach out to their respective politicians; Here’s why
One meeting with a Turkish minister created quite a buzz in the market. Further explaining the importance of meetings of this sort was beneficial to the community, Shib Informer said,
“They let people in positions of power know how decentralization and the influence of these new kinds of communities can be a positive force in the modern world. [..] We reach out to important, relevant individuals that can help make a difference. We do not approach people or institutions just for the hype. But we seek common understandings in ways that can benefit the #ShibArmy and the successful evolution of the ecosystem and #crypto.”
Therefore, the Shiba Inu network wants the community to reach out to their respective political class about the altcoin. With this, the Shib Army would be driving awareness, education, and shedding light on the foundation of SHIB.
Additionally, as the community continues to accelerate the growth of the ecosystem, the SHIB token was enduring a setback. During the press time, the altcoin was trading for $0.00002181 with a 2.60 percent drop over the last 24-hours.