Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Wiwo
on 19/05/2022, 14:09:21 UTC
⭐ Merited by JayJuanGee (1)
@Bukele’s tweet about some of the Central Bank and financial authorities meeting in El Salvador may have misled us as to the purpose of the meeting per se: According to the information in the below GT links, the Central Bank of Paraguay has issued a statement to reflect that the focus of the meeting is not a cryptocurrency, nor are they interested in the matter.  
[quote author=https://www-eleconomista-net.translate.goog/cripto/Banco-Central-de-Paraguay-desmiente-que-foro-en-El-Salvador-sea-sobre-bitcoin-20220518-0019.html?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=es&_x_tr_pto=wapp]
“The focus of the meeting is not related to cryptocurrencies or the like. Likewise, the BCP does not plan to discuss cryptocurrencies in said environment or meeting, a matter on which an institutional position has been established at the time," the entity said in a statement.
[/quote]
Well this statement is born out of the stance of Paraguay 🇵🇾 on cryptocurrency, and as a matter of fact, the central bank official is just being diplomatic, yeah the meeting is to discuss financial inclusion which indirectly covers Bitcoin in El Salvador since bitcoin is already made legal currency in El Salvador 🇸🇻 the tweet may have oversold the Bitcoin aspect but then since President Bukele is the host he may as well make use of whatever term he wants so long as it within his legal right.