Quote from: JayJuanGee on February 05, 2024, 04:11:10 PM

Quote from: Kliss on February 05, 2024, 07:49:25 AM

El Salvador becoming the first country to make Bitcoin legal tender is a major milestone for cryptocurrency. It's exciting to see the potential impact this decision could have on the country's economy and the future of digital currencies. It will be encouraging for certain countries to follow El Salvador's lead, countries with growing interest in cryptocurrency adoption around the world. Some countries, like Ukraine and Panama, have already expressed interest in legalizing or adopting cryptocurrencies. There are countries with unstable economies or high levels of financial exclusion that might see the potential benefits of using digital currencies.

The success of El Salvador likely has to do with its bitcoin focus rather than getting distracted into shitcoins.

You seem to be distracted in your own desires to frame this as a victory for some vague ass generic category of crypto/digital currencies/ shitcoins.

So in some sense you seem to consider them all to be in some kind of similar category, which likely shows that you are lacking in your own abilities to distinguish what is special about bitcoin and what is going on with the various shitcoins that are mostly either affinity scams or maybe you could consider them as test networks for bitcoin, even though there are a decent number of folks scamming and getting scammed through their various involvement in those overwhelmingly snake oil projects.

Its been a while on this, once it has to do with el-savador, then there's no alternative in digital currencies than bitcoin, i knew it earlier that the people will never be ungrateful to Nayib Bukele for the tremendous changes he has brought to el-savador, he is such a committed president who doesn't give chances for compromise, he mean business when he started by making bitcoin a legal tender, though the beginning could be tough but that has brought on them the level of developments they have achieved today and how the country is globally recognized with bitcoin and no other.

Quote from: JayJuanGee on February 05, 2024, 04:11:10 PM

Quote from: Fiatless on February 05, 2024, 01:41:31 PM

The next five years will still be an era of buying Bitcoin because I have never heard of Bukele talking about selling.

There is no need to trade or sell investments... especially something like bitcoin.

Its not about selling or buying now @fiatless just as JayJuanGee have cleared, bitcoin is now a stable and adopted digital currency in el-savador and eevn after the regime of Nayib Bukele, it will still remain as a legal tender, this was not intended for a certain duration, it was aimed at the people of el-savador to have an alternative to fiat currency by adopting bitcoin which gives everyone the right to a decentralized digital network.