It's like an El Salvador success story. They didn't give up. And they succeeded. Now they have set an example for the whole world. I think it's a very logical choice.
It might not have made sense if England had done it. I'm not sure. Because it's untested. No matter how much I believe, there is always a chance.
If it backfires, it won't be a problem for El Salvador. A little blow, maybe.
Also, I think the biggest reason why it makes a lot of sense is that El Salvador is a tourist country. What does tourism happen with? Of course, with advertising. A month before this news, I didn't know that there was such a place as El Salvador on the map. But now the whole world knows. And people will want to see El Salvador.
This will stimulate tourism. In this regard, it is a very logical move.
In addition, bitcoin is the technology of the future. They are one step ahead of all the countries of the world right now. In an economic and social sense.
A country whose economic situation is not good has accepted Bitcoin. Of course, it will be a difficult process, but when they understand the business, there will be an improvement in the economy.
My favorite thing is that the country will lead the world. If people or countries want to use bitcoin, El salvador will look first. Experience is the applied state of knowledge. We know the information, El Salvador will try.
You summed up El Salvador's journey of accepting Bitcoin very well. It was very enjoyable to read.
Successful or not, this is a unique step. I believe it will be successful. We will see things like this in the future, and El Salvador will have pioneered it. The President should also be congratulated for a visionary and courageous approach. The world needs such people.
It's quite fascinating story. When I first heard about the news of El Salvador accepting Bitcoin, I was asking myself what will it change? Certainly I was wrong about it.
El Salvador is showing how small things can make huge impact both on society and in the world. For short term it seems like a big success. I hope it will stay so in near future, and more of these news will keep coming.
El Salvador is an economically small country, but what it has done for Bitcoin cannot be underestimated. It is one of the leading countries supporting crypto and I think it will benefit from the good results soon.
El Salvador is an economically small country, but what it has done for Bitcoin cannot be underestimated. It is one of the leading countries supporting crypto and I think it will benefit from the good results soon.
I cannot imagine the freedom and security that bitcoin provides a country with 70% unbanked. This is so revolutionary, the anticipation and excitement that the world eventually turns this way is palatable.
I love to see a country is using cryptocurrency. this is the first step to make cryptocurrency to a global daily payment method. The future is looking good for crypto.
It's like an El Salvador success story. They didn't give up. And they succeeded. Now they have set an example for the whole world. I think it's a very logical choice.
It might not have made sense if England had done it. I'm not sure. Because it's untested. No matter how much I believe, there is always a chance.
If it backfires, it won't be a problem for El Salvador. A little blow, maybe.
Also, I think the biggest reason why it makes a lot of sense is that El Salvador is a tourist country. What does tourism happen with? Of course, with advertising. A month before this news, I didn't know that there was such a place as El Salvador on the map. But now the whole world knows. And people will want to see El Salvador.
This will stimulate tourism. In this regard, it is a very logical move.
In addition, bitcoin is the technology of the future. They are one step ahead of all the countries of the world right now. In an economic and social sense.
Thanks for the nice article.
The most logical move has been made so far.
A country whose economic situation is not good has accepted Bitcoin. Of course, it will be a difficult process, but when they understand the business, there will be an improvement in the economy.
My favorite thing is that the country will lead the world. If people or countries want to use bitcoin, El salvador will look first. Experience is the applied state of knowledge. We know the information, El Salvador will try.
I can't wait to see your experience.
Thanks for the article.
Have a nice day.
You summed up El Salvador's journey of accepting Bitcoin very well. It was very enjoyable to read.
Successful or not, this is a unique step. I believe it will be successful. We will see things like this in the future, and El Salvador will have pioneered it. The President should also be congratulated for a visionary and courageous approach. The world needs such people.
Thanks for the article!
It's quite fascinating story. When I first heard about the news of El Salvador accepting Bitcoin, I was asking myself what will it change? Certainly I was wrong about it.
El Salvador is showing how small things can make huge impact both on society and in the world. For short term it seems like a big success. I hope it will stay so in near future, and more of these news will keep coming.
Thanks for the article.
this is a great article
I really held my breath while reading it.
Of course, I did not know the depth of the process of making the Bitcoin legal currency of El Salvador.
As you said, a young man comes out and believes in the future of bitcoin.
Just like us, a young person who thinks about the future, with the only difference that he is the president of a country.
I thought that the process of El Salvador's adoption of bitcoin would be painful and take a very long time.
because it is not an easy task to explain and adopt a new technology to everyone.
but I see that there is already a preparation for this in El Zonte.
that is, how to make the process understandable has been tested and learned.
Adaptation and development will be much easier.
yes, who is after el salvador?
Panama?
El Salvador is an economically small country, but what it has done for Bitcoin cannot be underestimated. It is one of the leading countries supporting crypto and I think it will benefit from the good results soon.
El Salvador is an economically small country, but what it has done for Bitcoin cannot be underestimated. It is one of the leading countries supporting crypto and I think it will benefit from the good results soon.
Very exciting times for Bitcoin. Many countries will follow soon.
Thanks for the insights Sylvain.
I cannot imagine the freedom and security that bitcoin provides a country with 70% unbanked. This is so revolutionary, the anticipation and excitement that the world eventually turns this way is palatable.
I love to see a country is using cryptocurrency. this is the first step to make cryptocurrency to a global daily payment method. The future is looking good for crypto.