Ninjastic
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Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Bitcoinpoly
on 30/10/2023, 17:06:27 UTC
Quote from: verita1 on June 05, 2021, 09:41:54 PM
That's how it is! This announcement was left for the end of the 2021 Bitcoin Conference with the participation of Jack Mallers.
Among the most impressive that helped me understand why bitcoin will be the currency that will lead the country of El Salvador is this.

Quote
"Over 70% of the active population of El Salvador doesn't have a bank account. They're not in the financial system." -Jack Mallers

https://twitter.com/TheBitcoinConf/status/1401279373223866369?s=19

At the conference the president of El Salvador makes the announcement.

Quote
President of El Salvador, Nayib Bukele: "Next week I will send to congress a bill that will make #bitcoin a legal tender."

https://twitter.com/BitcoinMagazine/status/1401279550538108933?s=19

This is a good step, I hope other countries are going to emulate this in order to make their own decision. Exchanges equally have their part to play in this, the recent initiative of Blockchain4Youths by Bitget is another bold step to ensure majority acceptance of cryptocurrency.