Post
Topic
Board Bitcoin Discussion
Re: How Influential El Salvador Is?
by
Cryptoprincess101
on 25/12/2024, 08:37:55 UTC
El Salvador is one of the countries with most bitcoins and unlike other countries, A lot of the bitcoins they hold are coins they actually bought willingly and not just seized from criminal arrests. They are at the forefront of adopting bitcoin making it their legal tender and their president actively pushing for bitcoin's adoption in their country. We often talk about El Salvador in this forum and we praise all the progress they are making but the truth is they are not as nearly as influential as the USA. Can you imagine the effects if it was the US that made bitcoin as their legal tender? The reactions would be a lot bigger than the reaction of that from El Salvador.

When you talked about El Salvadors bitcoins not coming out of seized bitcoins from criminals, i already know you were indirectly referring to America lol. Anyways, El Salvador has always been one of the most talked about countries that adopted bitcoin since 2021, and we can't really talk about the progress of bitcoin hodlers without including El salvador but talking about how it didn't create many reactions do not make much sense to me.
         United States of America is the world leading economy of which any decision they make will have significant reactions from every nook and cranny places in the world, so you don't need to make any comparison between the United States of America and a small country like El Salvador.