Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Luzin
on 05/11/2024, 12:07:37 UTC
⭐ Merited by JayJuanGee (1)
My suggestion is that they should reduce the amount and hopefully, it will become more attractive to investors.

The link you added is not showing the right news. This one is the correct one.

https://news.bitcoin.com/latam-insights-salvadoran-bitcoin-visa-program-fails-brazil-floats-tax-on-stablecoin-remittances/

Thanks for the correction, your link is correct. talking about Bitcoin Visa, common sense is quite heavy. The target of 1000 people is indeed big, while the attractiveness of El Salvador is not entirely good. There is no word yet on how the accumulated BTC purchase profits are up to the current price. I think they have profited a lot. Another news is that Bukele's vision is not working with the support of his community. Bukele has published a law but most restaurants, shops and hotels don't even accept Bitcoin payments. They show confusion about if anyone will make payments with Bitcoin.

Source: https://reason.com/2024/10/31/a-week-of-failing-to-pay-with-bitcoin-in-el-salvador/