El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻

[_act_]

Today marks the second year that El Salvador made bitcoin a legal tender.

On September 7, 2021, the Bitcoin Law came into effect and bitcoin became legal tender in El Salvador, making it the first country in the world to do so.

Well, what are the selfish goals pursued by Bukele? You have an answer to this question. I'm curious to read about it.

With how I understand Aanuoluwatofunmi post, he is not talking about the El Salvador president to be selfish, he his is referring to the person he quoted. He is referring to this post:

As I wrote, the states never do anything for no reason out of the goodness of their hearts. They always pursue their own selfish goals. In this case, El Salvador has become a pilot site for a new alternative money transfer and payment system.
It is even difficult to imagine the amount of money that was allocated for this operation. They will need to be returned. How will this happen? Will show time.

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[JayJuanGee]

Today marks the second year that El Salvador made bitcoin a legal tender.

By this date, we will all know great news from this country:

El Salvador's ambitious program aims to incorporate Bitcoin education in all schools across the country by 2024.

El Salvador, the first nation to officially adopt Bitcoin as legal tender, is once again making headlines in the world of cryptocurrency. With the combined efforts of My First Bitcoin, Bitcoin Beach, and the Ministry of Education, the nation announced the inception of an ambitious pilot program today. This initiative aims to incorporate Bitcoin education in all schools across the country by 2024.

Initiated on the 2-year mark of the groundbreaking Bitcoin Law, this program is set to train 150 public school teachers about Bitcoin. After receiving their training, these educators will disperse across the nation, integrating Bitcoin knowledge into their respective curriculum and classrooms.

The key player, My First Bitcoin, is a non-profit and Bitcoin education-focused NGO rooted in El Salvador. Having imparted Bitcoin education to over 25,000 in-person students since 2021, they have shown an unwavering commitment to enlightening the masses about this digital currency. Their comprehensive 10-week Bitcoin Diploma is now in its 5th edition, which the Ministry of Education adopted as foundational material to structure the country's curriculum.

The success of Bitcoin Beach, a pioneering project that fosters a Bitcoin circular economy, played a pivotal role in El Salvador's decision to recognize Bitcoin as legal tender. Their invaluable contributions span from facilitating trainings to funding the printing of educational material.

Another crucial supporter, The Bitcoin Office, is a governmental entity birthed in El Salvador. Their continuous dedication ensured the triumphant realization of this project. Their alliance with Cubo further highlights their commitment to not only mainstream Bitcoin education but also to promote elite developer programs......

Holy fuck, delfastTions.  why don't you put quotes around your text rather than my having to figure out whether you are quoting or not and which parts are quoted.  Sure I looked at the article and I saw that everything except your first like is quoted from the article, but your post surely does not make that clear without my having to double check by looking at the actual article...   That's sloppy and lazy at best and unethical (and against forum rules) if some folks might reasonably end up inferring that some or all of those words are yours rather than from the linked article.

[HelliumZ]

El Salvador today is known as a Bitcoin City in the world due to the fact that El Salvador issued a legal notice on the acceptance of Bitcoin two years ago today, and on September 7th, 2021, it issued a policy on the acceptance of Bitcoin.

[JayJuanGee]

OK, JayJuanGee
I deleted the post, delete you too!

There is no reason for me to delete the post since even my post clarified the text and since you were providing topic relevant information.. and I don't even have any problem with you citing text from the article in your post.. it just was not made clear regarding that the text was coming from the article rather than from you, and even my above description clarifies that you had only authored the first sentence of that post and the other parts of the text in the post came from the article..

I am not even blaming you for anything beyond being sloppy... even though it could have had been misread by some readers. which was why I said anything at all.

[Dimitri94]

Who are the ones after their selfish goals, is it Nayib Bukele the president of El-Savador or the people at large or the other government officials that supports every fruitful developments in El-Savador, what you don't understand can be asked, do you care in knowing the worth on their treasury or the investment made on bitcoin in particular, of which am sure the answer to each were here.

Well, what are the selfish goals pursued by Bukele? You have an answer to this question. I'm curious to read about it. At the expense of the treasury, I know some points about the treasury, investments in Bitcoin. At the moment, this is not a secret for those who are really interested in this issue.
I just did not notice the moment that all the new initiatives of the president were supported by the people. Somehow, people are not very willing to participate in all these processes.

All initiatives of a leader will never be supported by all the masses of his country. There will be positive and negative attitudes. Why Nayib Bukele wanted to adopt Bitcoin that was open to the public. So any decision he made was important to Bitcoin adoption. When a politician saw that his country's people living in the modern age were spending 22 percent of his country's GDP on sending and receiving remittances, he decided to adopt Bitcoin to reduce this rate, and he was absolutely right. Any people of a country must wait some time to see the results of its development. The people of El Salvador will soon see how much Nayib Bukele contributed. Those who are anti-politicians will certainly try to portray these issues in a negative way. But people have welcomed his policies and his victory in the upcoming elections will be reflected.

[romero121]

Who are the ones after their selfish goals, is it Nayib Bukele the president of El-Savador or the people at large or the other government officials that supports every fruitful developments in El-Savador, what you don't understand can be asked, do you care in knowing the worth on their treasury or the investment made on bitcoin in particular, of which am sure the answer to each were here.

Well, what are the selfish goals pursued by Bukele? You have an answer to this question. I'm curious to read about it. At the expense of the treasury, I know some points about the treasury, investments in Bitcoin. At the moment, this is not a secret for those who are really interested in this issue.
I just did not notice the moment that all the new initiatives of the president were supported by the people. Somehow, people are not very willing to participate in all these processes.

All initiatives of a leader will never be supported by all the masses of his country. There will be positive and negative attitudes. Why Nayib Bukele wanted to adopt Bitcoin that was open to the public. So any decision he made was important to Bitcoin adoption. When a politician saw that his country's people living in the modern age were spending 22 percent of his country's GDP on sending and receiving remittances, he decided to adopt Bitcoin to reduce this rate, and he was absolutely right. Any people of a country must wait some time to see the results of its development. The people of El Salvador will soon see how much Nayib Bukele contributed. Those who are anti-politicians will certainly try to portray these issues in a negative way. But people have welcomed his policies and his victory in the upcoming elections will be reflected.

Not everyone understands this technical things. It is the responsibility of the government to picture it and make the common people understand the goodness and how they have lowered the unwanted 22% and this will surely increase support from the people who had been talking negative about the adoption of bitcoin. No politician would take such a strong stand and follow it, amidst the opposition from different financial service authorities. Most of the time the volatility is portrayed by the people as the negative thing, none talk about the spending on sending and receiving remittances.

[Uruhara]

El Salvador today is known as a Bitcoin City in the world due to the fact that El Salvador issued a legal notice on the acceptance of Bitcoin two years ago today, and on September 7th, 2021, it issued a policy on the acceptance of Bitcoin.

I think time has gone so fast. And it doesn't feel like it's been 2 years since El Salvador started using Bitcoin in their country as legal tender. And currently in Salvador it seems to be getting better. El Salvadorans' awareness of bitcoin has increased rapidly. Because there are lots of schools created there to teach about Bitcoin. But recently I haven't followed Nayib Bukele's movements regarding bitcoin accumulation. Has he adding again his bitcoin investment this year? Anyone knows?

[HelliumZ]

El Salvador is going to take a groundbreaking step to deliver Bitcoin to students at all levels in its country. In El Salvador, in addition to delivering bitcoin education at the university level, they will provide special training for 150 public school teachers in 2024 to bring bitcoin knowledge to the country's school level, and will equip the teachers of those schools with special techniques on bitcoin and bitcoin lightning so that they can later Can impart knowledge about Bitcoin among their students.

bitcoinmagazine.com

[kotajikikox]

expecting this to happen mate..

What is the sense of being the first bitcoin country to accept and adopt bitcoin if this will not come here and there?

but I love the idea of there bringing this to all schools so the generation from this will learn and understand what best and better for bitcoin.

El Salvador today is known as a Bitcoin City in the world due to the fact that El Salvador issued a legal notice on the acceptance of Bitcoin two years ago today, and on September 7th, 2021, it issued a policy on the acceptance of Bitcoin.

love seeing this much of for bitcoin .

may EL Salvador serves its purpose for the whole crypto community in the world.

[Reatim]

El Salvador today is known as a Bitcoin City in the world due to the fact that El Salvador issued a legal notice on the acceptance of Bitcoin two years ago today, and on September 7th, 2021, it issued a policy on the acceptance of Bitcoin.

this is why I feel sorry to the countries(including mine) who denies the fact how helpful bitcoin for their economy like what El Salvador does 2 years ago.

congratulations to all ElSalvadorian in the world for this and happy 2 years of bitcoin existence legally in your country .


how i wish that the world will follow this country's action sooner .

[Wiwo]

OK, JayJuanGee
I deleted the post, delete you too!

There is no reason for me to delete the post since even my post clarified the text and since you were providing topic relevant information.. and I don't even have any problem with you citing text from the article in your post.. it just was not made clear regarding that the text was coming from the article rather than from you, and even my above description clarifies that you had only authored the first sentence of that post and the other parts of the text in the post came from the article..

I am not even blaming you for anything beyond being sloppy... even though it could have had been misread by some readers. which was why I said anything at all.

Thanks to JayJuanGee for being such an active experienced member on this thread always pointing out some obvious avoidable mistakes as they come along with individual contributions on this thread as regards the discussions related to El Salvador Bitcoin project which have come along in many phases that allows divergence opinions and discussions while some are informative,  other could be off the topics and is the responsibility of members to react to comments on this thread which is why you reply prompted the mate to delete the post.

But that been said, I will like to see more development in the area of payment gateways that are out of the coffers of the government,  and also making records of El Salvadorians that are making use of custodial wallet vs those who choose the cex approved wallets.

[lizarder]

this is why I feel sorry to the countries(including mine) who denies the fact how helpful bitcoin for their economy like what El Salvador does 2 years ago.

Maybe you can be patient if at this time your country still cannot accept the advantages of bitcoin in terms of benefits for the economy. I am also in a country that does not accept bitcoin as legal tender, but fortunate enough that my country still allows freedom when it comes to investment assets in bitcoin. Personally this is more than enough because we don't need to avoid regulations related to prohibitions and my country also facilitates a centralized exchange where bitcoins are bought and sold.

congratulations to all ElSalvadorian in the world for this and happy 2 years of bitcoin existence legally in your country.

This is inseparable from Nayib Bukele's visionary vision in seeing opportunities in bitcoin and he is one of the leaders who dared to act even though he was opposed at first. So it is worth giving appreciation for the work so far, which has given birth to financial freedom as many people there hope for.

how i wish that the world will follow this country's action sooner.

Yes That will follow in time and each country will surely have its own framework in selecting options. For me, the most important thing is that Bitcoin can be chosen as an investment asset, which is far more than enough and we will leave it up to how in the future each country sees opportunities in Bitcoin.

[bitterguy28]

El Salvador is going to take a groundbreaking step to deliver Bitcoin to students at all levels in its country. In El Salvador, in addition to delivering bitcoin education at the university level, they will provide special training for 150 public school teachers in 2024 to bring bitcoin knowledge to the country's school level, and will equip the teachers of those schools with special techniques on bitcoin and bitcoin lightning so that they can later Can impart knowledge about Bitcoin among their students.

that is what the best to come from bitcoin supporting countries , to help educating younger generation towards the future and we knew how important Bitcoin and crypto to their life soon.

bitcoinmagazine.com

I hope that the next halving will bring more and more countries adopting and considering bitcoin to be helpful to their life and economy.

[Marvell1]

I hope that the net halving will bring more and more countries adopting and considering bitcoin to be helpful to their life and economy.

I don't understand how the halving will impact bitcoin adoption and its popularity in countries. When it comes to the adoption and popularity of bitcoin, we should spread the word about the decentralized nature and benefits of bitcoin to everyone. Once they understand the mission and features that bitcoin provides them, they will see how useful bitcoin is and how much they need it.

As for the halving, that will only make mining more difficult and will make bitcoin more scarce and valuable. I assume if there is no halving, it will not affect the adoption and popularity of bitcoin.

[Aanuoluwatofunmi]

This is indeed a double honour to El-Savador celebrating two years of bitcoin adoption as legal tender and also making history by creating a bitcoin educational program into every schools in El-Savador to be taught in their curriculum, these are unforgettable achievements Nayib Bukele is laying down the foundation that other generations could also meet and emulate, there's no how you will be in El-Savador and yet have no idea about how to make use of bitcoin in your economy and daily living, it's was made worthwhile with two years journey on bitcoin and still counting.

[HelliumZ]

source

[fruktik]

I think time has gone so fast. And it doesn't feel like it's been 2 years since El Salvador started using Bitcoin in their country as legal tender. And currently in Salvador it seems to be getting better. El Salvadorans' awareness of bitcoin has increased rapidly. Because there are lots of schools created there to teach about Bitcoin. But recently I haven't followed Nayib Bukele's movements regarding bitcoin accumulation. Has he adding again his bitcoin investment this year? Anyone knows?

And on what facts do you base your statement that things are going much better than they were a few years ago? Yes, there are undoubtedly more people who have learned about Bitcoin, but this does not make any positive trend. Still, people are accustomed to the traditional financial system, but they are afraid of this one and do not fully understand it.
This discourages many citizens of this country from using such a payment and settlement system. We need some more time and much more educational institutions. Why am I saying this? Only the next generation will be able to accept Bitcoin with all its advantages and disadvantages.

[Ayers]

I think time has gone so fast. And it doesn't feel like it's been 2 years since El Salvador started using Bitcoin in their country as legal tender. And currently in Salvador it seems to be getting better. El Salvadorans' awareness of bitcoin has increased rapidly. Because there are lots of schools created there to teach about Bitcoin. But recently I haven't followed Nayib Bukele's movements regarding bitcoin accumulation. Has he adding again his bitcoin investment this year? Anyone knows?

And on what facts do you base your statement that things are going much better than they were a few years ago? Yes, there are undoubtedly more people who have learned about Bitcoin, but this does not make any positive trend. Still, people are accustomed to the traditional financial system, but they are afraid of this one and do not fully understand it.
This discourages many citizens of this country from using such a payment and settlement system. We need some more time and much more educational institutions. Why am I saying this? Only the next generation will be able to accept Bitcoin with all its advantages and disadvantages.

We don't live in Salvador so it's hard to know how things have changed since they accepted bitcoin as legal tender. But so far, there hasn't been a single negative news even as they and we go through this harsh bear season cycle. I was surfing Twitter to read the news and the interesting thing I just found is that they are still actively educating people about bitcoin, especially students in their country. That suggests things are going much better than we expected.

I'm not from Salvador so I don't know what they're saying, I hope someone here can tell us what they are talking about.

Miss El Salvador 2022 teaching a classroom full of students about #Bitcoin

https://twitter.com/BitcoinMagazine/status/1700485865330405816

[Litzki1990]

El Salvador today is known as a Bitcoin City in the world due to the fact that El Salvador issued a legal notice on the acceptance of Bitcoin two years ago today, and on September 7th, 2021, it issued a policy on the acceptance of Bitcoin.

I think time has gone so fast. And it doesn't feel like it's been 2 years since El Salvador started using Bitcoin in their country as legal tender. And currently in Salvador it seems to be getting better. El Salvadorans' awareness of bitcoin has increased rapidly. Because there are lots of schools created there to teach about Bitcoin. But recently I haven't followed Nayib Bukele's movements regarding bitcoin accumulation. Has he adding again his bitcoin investment this year? Anyone knows?

El Salvador must be congratulated for such a day because they took such a great initiative on this very day. Accepting bitcoin as a legal document in his country was a difficult challenge for the country's president. If for some reason his action was wrong or people did not like his action then it would be very difficult for him to survive as president. Seeing him take such a challenging decision is what made Bitcoin so popular in El Salvador today. With Bitcoin, the people of El Salvador are now doing their daily tasks very easily. I want the people of El Salvador to better accept Bitcoin in their country and make this day come back to El Salvador again and again.

[famososMuertos]

2!

Let's celebrate 2 years. no!... 0 yes?

The passivity of the environment is unprecedented, with the first "son" in the currency of a country, as always the news that sells as journalists say "it is not that the dog bites its owner, it is that the owner bites his dog" .

It's not that I remember today, on our local board we have a thread dedicated to the topic so I'm going to "post_" the post in images, I really would like to write many things...

...77

Algunas fuentes de las imágenes, no todas.

https://rnn.com.do/2023/09/07/el-salvador-dos-anos-con-bitcoin-pero-con-poco-uso/
https://revistasumma.com/el-salvador-cumple-dos-anos-de-la-adopcion-del-bitcoin-como-moneda-de-curso-legal/
https://www.esdelatino.com/la-apuesta-de-nayib-bukele-cumple-dos-anos-con-poco-exito-en-el-salvador/