Re: LOOK: Biggest financial institution in El Salvador embraces Bitcoin?
Statement of the Carlos Mauricio Novoa, COO of Bancoagricola :
"We are excited to be the first financial institution in El Salvador to enable bitcoin access for our customers across our entire suite of financial products and to enhance financial inclusion."
My god, El Salvador is doing it, now that one of the country's biggest institution implement bitcoin as payments, other cryptocurrencies will widely spread and might be accepted for payment too, not just the Bancoagricola bank but also other companies and small stores, what do you guys think?
That’s just said, every development takes time it's just a process. Things like this are not what happens within a blink of an eye it takes time to manifest, but a lot of people here wants it to happen immediately. Now that we have seen our El Salvador accept Bitcoin, we should be looking forward to a lot of other countries who will start accepting it too and also bigger institutions that will come in to join the community."We are excited to be the first financial institution in El Salvador to enable bitcoin access for our customers across our entire suite of financial products and to enhance financial inclusion."
My god, El Salvador is doing it, now that one of the country's biggest institution implement bitcoin as payments, other cryptocurrencies will widely spread and might be accepted for payment too, not just the Bancoagricola bank but also other companies and small stores, what do you guys think?
With time the use of Bitcoin is going to spread all over the world, and there will be lots and lots of people who will be making use of it for transaction. Although I’m not going to say that countries will abandon their currency or maybe make Bitcoin their legal tender just as El Salvador did, but at least they will accept it and make it a legal asset where people are free to make use of it.