Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
YUriy1991
on 05/12/2023, 05:16:30 UTC
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

It is undeniable that price fluctuations that always occur in the market will always pose a risk for investors or countries that want to follow in El Salvador's footsteps and become an obstacle to mass adoption. Well, what I see is the implied message in the tweet from the president of El Salvador, showing that there is a good sense of optimism for the future for other countries that want to adopt the steps of El Salvador in adopting Bitcoin, although along the way, not all countries may want or be able to follow in the same footsteps and in terms of BTC price movements, the current increase in Bitcoin prices above $41,860 is also a good vehicle for exploring the intersection between traditional finance and the rapidly developing cryptocurrency landscape that it is today