Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Roidz
on 25/05/2022, 14:48:15 UTC
In the conference, bitcoin is one among the major topic of discussion. Anyhow there is nothing much happened out of the meeting in the Bitcoin Beach. Following El Salvador there were few countries on the path of bitcoin adoption. One amongst is Panama where everything is done and waiting for the president's approval. The president have taken a stand that bitcoin adoption happens along with AML policy tied to it. Maybe this can take few months for the development. Little by little something happens positive and Countries will stand out for adoption.
One by one other countries are starting to follow in el salvador footsteps to adopt bitcoin, so far el salvador has been an example country that dares to take the risk of adopting bitcoin as a whole, even though it has not had a positive impact on the el salvador economy at this time but the president bukele confirmed that they fully trust bitcoin able to help El Salvador economy in the future.