Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
famososMuertos
on 01/05/2025, 12:01:46 UTC
:://:::
I have being following up with the El Salvador 🇸🇻 bitcoin adoption and been an active contributer here on this thread, one thing we have always pointed to in here is the fact that the Neibe Bukele administration have done more in term of bitcoin strategic purchases and also being firm on their national reserve not selling a single out of the thousands of El Salvador bitcoin, even when the price of Bitcoin touched at all time high price.

We need to give the president a credit on that, at least now that the United State and other first world countries making strategic bitcoin adoption, this have been the major breakthrough, placing El Salvador as the first country to adopt bitcoin globally, I like the way the president ignored all the distractions that was coming in from IMF and other global financial bodies, the president went ahead to make the bitcoin dream a reality both in accumulated bitcoin and policies and programs that encourage bitcoin adoption within El Salvador.

Well, as the main contributor (your words quoted above) to this thread, you should correct your words, as they made him bow down to the IMF. The reality is that it's still a sustainable idea because Bukele supports it, but its adoption by the population and businesses in general hasn't changed at all; in fact, the influx of foreign capital hasn't grown.

Perhaps the best phrase to accompany Bukele in our community is one I read from a politician who said, "We're doing badly, but also we're doing well."