Indira Kempis recently featured in an interview with Diario El Salvador discussing her intention to propose a bill that would make bitcoin legal tender in Mexico. Kempis discussed the inspiration she received in visiting El Salvador and seeing their rising financial inclusion. Kempis discusses the price of inaction and the need for Mexico to take action as a basic right for its citizens. Indira Kempis, Mexican Senator from the state of Nuevo León, recently had an interview with the Diario El Salvador discussing the impact Bitcoin has had in El Salvador, and the inevitable benefits Bitcoin has to offer the people of Mexico.
During the interview, Diario asked Kempis how her recent visit to El Salvador affected her perspective on Bitcoin’s capacity to revolutionize a nation within the context of a Bitcoin ecosystem.
“El Salvador is undoubtedly becoming the most important hub or laboratory in the world about the future with bitcoin.” Kempis stated. “It is clear to me that financial exclusion is one of the public problems that few of us have addressed with feasible alternatives, and that this type of technology is allowing us to generate an alternative, a way, a solution so that millions of people can be included in the financial system.”
Continuing in their conversation, Kempis shared her approach to legislation when Diario asked about Kempis’s desire to accept bitcoin as legal tender in Mexico. To be specific, they asked if El Salvador inspired this decision.
“Yes, because I have a premise when making my initiatives and that is: laws to anticipate the future, not just to solve the past,” the Mexican senator said.
She then explained the need for legislative action, and the price of inaction:
“If we need Bitcoin in Mexico to be a legal tender, because otherwise, if you do not make that decision as El Salvador made it, it is very difficult to specify actions.”
If they do not make the decision to offer bitcoin as legal tender, it becomes very difficult to create an actionable plan. The key to building a new financial structure, a fully-developed bitcoin ecosystem, is to ensure the fundamental basis of bitcoin as legal tender so the ecosystem can be built upon it.
Kempis intends to introduce the bill during the current session. https://bitcoinmagazine.com/markets/mexican-senator-plans-to-introduce-bill-to-make-bitcoin-legal-tender
According to the title above and the source of the article I quoted, the conclusion is that Mexico is most likely planning something very big by drafting a Bitcoin legal tender bill. Considering that Indira Kempis' visit to El Salvador has opened up an idea and an idea she needs to finish soon because she has reviewed how the financial economy in El Salvador increased during the adoption of Bitcoin. Undoubtedly, this is a big reflection that El Salvador has become a model country that has inspired many countries. In this case Mexico has shown that interest. I hope that the bill planned by Indira Kempis can be properly translated and accepted by the people there.
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I am thinking the step for this country to make BTC a legal tender is going to come to a crashing end. Majority of the citizens can not afford to buy any BTC as they struggle to make ends meet.
In the end the country will go back to just USD or another FIAT system.
It is just not going to work.
It is funny how you seem to have the conclusion all figured out... Your lack of factual description causes me to conclude that you have no clue about what bitcoin is providing or potentially providing in El Salvador. Sure, it might fail in the end, but surely not for anything even close to the reasons (or lack thereof) that you have stated. You're right, he doesn't understand Bitcoin at all and is just bragging for no apparent reason. Very frivolous I think enough to ask him the big question, If all countries are back in USD then why are Russia and Ukraine flocking after yesterday's escalating dispute instead of focusing on the legality of Bitcoin in their countries? Even now Biden will launch an order to start trying to open a discussion space for cryptocurrencies in the US as one of the proofs that Bitcoin is very influential. El Salvador has gone ahead and blindly proved after the adoption of Bitcoin with a GDP increase of over 10%.
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Hypothetically if the USA pegged the US dollar to Bitcoin how would economic growth continue. I am a huge Bitcoin proponent but looking at it from this lens puzzles me. Restricting the printing press would, in my opinion, slow economic growth significantly. What would the world look like after this? Are there opposing viewpoints?
It is difficult to reverse the US reluctance to peg the Dollar to Bitcoin. There is no reason whatsoever to turn US financial policy into something completely decentralized without anyone. Even if that happens, it means that the US is considered to have given up Bitcoin. Yet we all know that the dollar is the only US asset in strengthening its economic system to date. So no matter what happens, the dollar will always be maintained because it is their main capital to determine the finances of other countries that they control because they have agreed on contracts for the payment of weapons, aircraft, coal, oil, both imports and exports that have existed for a long time. If it is pegged to Bitcoin, it is clear that there will be price changes that occur, thereby changing the value of buying and selling.
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Levante have had good results in the last two matches but unfortunately, it looks like it is still difficult for Levante to get out of the relegation zone. But if Levante can be consistent to keep getting points then of course Levante can get out of the relegation zone but that's only for a consistent team, because we know it's difficult for a team to be consistent especially now that Levante is a team at the bottom of the table.
Its hard to consistent for every matches for Levante although they were get good results last week but their positions is far from secured especially they schedule will be very hard for upcoming matches and Levante have to met strong teams such as Barcelona, Betis, Sevilla or Villareal and in my view probably Levante could be the first team who relegated to Segunda division for this season Being at the end of the standings is not something they can be proud of, although with their pretty good form lately, Levante will still face many threats to improve more than usual. Not sure that Levante can escape the relegation zone. Because their performance remained stagnant even though they had won from Atletico. Meanwhile, Celta Vigo ended in a draw. There are still many demands if you really have the intention to get out of the relegation zone.
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It looks like Real Madrid are going to continue to be safe till the end if Sevilla and them continue to play like this. Sevilla are making more mistakes than they should do the most now. And this causes them to get away from Real Madrid time to time. For example, after the draw against Espanyol, Sevilla are six points behind again. They still can't get very close to Real Madrid and even get near taking the lead. In this way, I don't think that Sevilla will have any chance for the title although the gap is not too much.
You're right, here Real Madrid has really benefited by dropping a lot of points from the few games that Sevilla have gone through. Because it makes Madrid more secure and difficult to reach. If Sevilla don't want to be left behind, like it or not, they must be able to counter attacks in a defensive style or attack that focuses on several points. Sevilla have to really come out of the pressure and try to improve on their 5 games. Sevilla did drop a lot of points, but with the gap still far from Betis, maybe Sevilla's players will make more evaluations for a while. Focusing on La Liga and will not make them easily displaced by the clubs below him. We certainly see Sevilla's downward movement. The position of Madrid is still the strongest, even though they at UCL have not been able to do much. With the current portion, Madrid will be much more competitive in both La Liga and increase their ambitions in the UCL.
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Indeed, this order will be quite difficult to predict, even though its impact will have a huge impact on both stocks and cryptocurrencies. The price range is also quite worrying if March is always identified with the red market. If you refer to March 2020, it actually went up so fast. I am quite skeptical about the ups and downs of the Bitcoin market for this year. And still looking for news about the turbulent situation of speculators who think that the bull or bear market must be properly anticipated. So because so far it's still gray, there's nothing wrong if you want to buy entries, try to do a very careful market analysis. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F02KQDxc%2Fimage.png&t=665&c=rbhvUKf1dJLeAA)
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Ronaldo scored no goals, but managed to distance himself from West Ham temporarily by making a difference of 4 points. Will they be able to re-show the performance of this match in the future? Don't forget Arsenal and Tottenham can still make Manchester United bite their finger at the end of the season for failing to qualify for the Champions League next season. Arsenal have a few posponed match and so does Tottenham. So I don't think Manchester United are safe at the moment as long as these two teams haven't finished their few match. You're right, there's still Arsenal and Tottenham but of course their target this week will be to need a lot of points to keep the pace behind. If you look at the good comeback from Tottenham, making Man City a little worried when they return from adversity, it is possible that Tottenham will be very likely to get into the top 4 sooner than usual, they just don't play aggressively.
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United finally got lucky on this game. To think that Ronaldo had no goals and they still won proves my point that he is not the "key" to a success anymore. Doesn't mean that he wasn't important, it just shows that if you get a decent player there instead of Ronaldo you could still get something done. I hope that management, fans, coaches and everyone will see that soon enough, he was probably the best player in the world at some point but he is no longer that person and with a much better transfer, they could get a lot more from that position. Can you imagine getting Kane instead of Ronaldo on that position? It would be insane.
Ronaldo scored no goals, but managed to distance himself from West Ham temporarily by making a difference of 4 points. Will they be able to re-show the performance of this match in the future? Since in the UCL they will face Atletico Madrid, so hopefully this can be a motivation to be more careful that against Atletico Madrid it will not be as easy as they beat Leeds. What's more, it looks like the chances of winning are quite slim. So it will be difficult for Manchester United to beat Atletico Madrid easily.
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World government? who is leading? who controls? They are only a small number of people who claim to have control over the freedom of others and make it all an exaggerated speculation. You mean the WHO or the United States trying to suppress individual freedom over the Bitcoins we hold? Meanwhile, paper money can only be left alone to wait for the right time to experience total inflation. Central banks must have taken a lot of ridiculous actions to hinder the circulation of the cryptocurrency market, but the adoption is not just in one or two countries. But anyone and anywhere can be accessed without them knowing. And this is where every time the central bank makes a ridiculous piece of news, it's just heard as a thing of the past and doesn't have any impact except for the mainstream media that makes it come to the fore.
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I salute the Barcelona team, the internal conditions that are currently an issue are not an obstacle for them to keep moving forward. The current standings show they are in 4th position even now they have scored 4 goals for their match against Valencia.
Will continue to grow and has given a new breath for Barcelona pocketing points little by little. It looks like their comeback will continue, with the performance improving quite well in Xavi's hands. In vain they struggled and the Barcelona players who are considered newcomers have felt a good place to continue to fight for Barcelona to get the Real Betis position. with the capital score obtained does not rule out the possibility that the 3rd position is now waiting. Aubameyang is now becoming more and more adjusted. 2 goals created is the starting point of his career to continue to be maintained by Barcelona in the future.
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Leeds won't be able to hold M.united with a draw tomorrow even though M.united performance isn't on fire, maybe score goal between 1 or 2. To get away from west ham and secure a position maybe can but can't get away from arsenal who will overtake 4th position soon.
Therefore, it is hoped that Manchester United must secure this opportunity as well as possible, also not free to play more aggressively even though their opponents are not as strong as they are. It would be better to target more scores, doesn't it do not rule out the possibility that Manchester United's players are a collection of stars. So on paper, it is not something that is difficult to conquer Leeds.
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West Ham and also Newcastle are stuck in their positions, following the draw from their match. This result makes Manchester United safe for a while in the Champions League zone position. I saw the game was quite balanced, the goals were created only in the first half. In the second 45 minutes they were very well organized in their defence, so there was no second goal.
Tomorrow Man United will face Leeds, so take advantage of the opportunities that lie ahead. Because West Ham have been held to a draw by Newcastle, then inevitably Man United must target victory. Moreover, the difference in points from Chelsea is getting thinner. Despite the fact that the quality of the two clubs is still far from being compared, considering that Man United's performance is still below Chelsea.
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That will be a decisive decision on how in the future the US will provide a clear certainty. If the executive orders from Biden next week make sure all markets will have a positive reaction. What's more, Bitcoin users in the United States are quite massive, so at least it's a careful consideration so as not to limit cryptocurrency operations.
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The President of the United States is expected to issue an Executive Order on Cryptocurrency Regulation next week. What may we expect as a result of this?
Surely the results of the decision that will be launched by President Joe should have a good impact on cryptocurrency adoption and not burden it too much with such strict rules. Although this is a big question, is it possible that it really has a positive side? Everyone hopes for the best for the future that the US position will have a significant impact if the decision is positive.
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Norwich City is not a difficult opponent for Liverpool this week considering the Kop's positive results in the previous few matches, the victory over Inter Milan in the first leg gives Liverpool confidence to achieve maximum results. Even though Norwich have the motivation to get out of the relegation zone, I think Liverpool is a tough opponent to face. Liverpool still have a chance to become the premier league champion if they can beat Norwich City and make the difference in points with Manchester City only 6 points.
Quite impossible if Liverpool loses to Norwich. Moreover, as a place to continue to chase points from Manchester City, then this is the best moment that Liverpool can take advantage of. Even collecting a lot of points in this match is not a difficult thing to implement Klopp's strategy. If necessary, leave some space for Norwich to attack and focus on collecting points. Isn't this great for them?
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Norwich is not an opponent that threatens Liverpool
I agree with a defensive play that Norwich's best solution not to lose to Liverpool but it's not guaranteed either, because we know Liverpool's players are unforgiving, especially now that they are trying to minimize the points behind with Man City
I will say that Norwich have been playing well lately. They have been horrible in major part of this season but now they are showing some good signs of fight back but I still think Liverpool are far superior to them in terms of squad and mentality and are high favourites to win this one. Norwich match certainly exists and will make Liverpool also remain cautious. Even though they are a strong club Liverpool doesn't think their opponents are weak, they always give their best. So I still remain positive that Liverpool will win the game. Norwich is 18th in the standings. So even so, they will still provide pretty good resistance.
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It seems Jemie is sitting on a pile of public cash and he doesn't have an idea on how to spend it. As a result, we are seeing such nonsense of seeing a bank in metaverse. It's hilarious and shocking at the same time!
Because Jemie is a know bitcoin hater. Now when his company is marking their presence in metaverse, I smell a rat! It is very much possible that he has some evil plan to execute. Never trust a banker!
When Facebook shares plummeted, JP stepped in by buying his large amount of fiat money and expending nearly 50% of the land in the Metaverse. So who will stay rich and bathed in paper money? which is definitely not us. It is JPMorgan who will be the greatest ruler of the Metaverse at a time when everyone else has suffered from the worst Facebook stock crash in its history. No one has made a profit other than the JPMorgan people who occupy the Metaverse.
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When viewed from the advantage, indeed Man City will lead the match, but Tottenham will not be easily conquered just because their current form is not ideal. The potential that Tottenham really wants to achieve is a draw, while Manchester City itself will target a big score to keep going in order to collect more points. I think even if Manchester City can be kept goalless, they will be safe.
You're right, I totally agree with your opinion, even though Manchester City will excel on the pitch, it doesn't mean this game is an easy game for them. If we look at the history of the match, in their last meeting, Manchester City lost with a score of 1 - 0 scored by Son, even before this meeting, Manchester could only win with a score of 1 - 0 in the EFL cup. With these data, it looks like the match will be exciting later. That's what I hope apart from a drawn match between the two sides, of course, it will be quite fierce and make this fight a place to bet on the quality of Manchester City. Those who should be at the top of the standings are not easy to do just like that. It would be very natural for Tottenham to lose because otherwise, Manchester City is under pressure. This may sound quite surprising to many fans.
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Liverpool had a great day as they obtained a huge advantage by winning 2-0. But it was not easy for them. Inter did their best and had critical goal chances too. They scored also but it was disallowed due to offside. If Dzeko was a little behind, they would have been 1-0 ahead. And Liverpool were the scoring side finally in the 75th minute. And they scored again in only eight minutes before Inter even reacted to it. We can already consider this draw as finished. Because I see no chance for Inter in Anfield to perform a miracle.
It is indeed quite interesting for us to speak in terms of yesterday's match between Liverpool and Inter which has entertained fans from both sides to convince each other that their match is a quality match. Then in terms of attacking each other in the first half Liverpool were under pressure, but we know Klopp has the smartest way to get out of the onslaught in the second half by taking advantage of every counter-attack. 2:0 it becomes very realistic that Liverpool's improvement is getting sharper.
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