Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
tadamichi
on 07/07/2022, 16:28:06 UTC
I had a lot of expectations from El Salvador adopting bitcoin as a legal tender. But the current downward movements are giving me chills as to how the country would be dealing with the turmoil. They didn’t even get time to prepare themselves for the downfall.
The El Salvador president is so bullish on Bitcoin, since he have understanding on how the stock market works and I he is not in for the sell-off or short term purposes, and this can be seen in his response to a throw I stumbled on this tweet from Reddit so let me share it here. I guess this will give a clue to what President Nayib Bukele stance on on the current market situation.

https://www.reddit.com/r/Bitcoin/comments/vtfuep/hows_your_bank_going/?

The irony when people who go hard against Bitcoin, are getting rekt by central authorities. Peter Schiff got a reality check and he will probably still not admit that he’s wrong.