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

[Cossyblack]

Pierre Rochard who is the current vice president of research at Riot Platforms was holding a very important  Bitcoin masterclass with cuboplus students in El Salvador. Pierre Rochard has been dedicating his time and career teaching youths about bitcoin in El Salvador.

Details

These are some of the related Topics

1. Bitcoin is the most secure structure in cyberspace



2: Capital markets on USD vs Bitcoin



3: Bitcoin block size limits:



4. Accountability

[SilverCryptoBullet]

You can buy that book, 100 comincs about the Better Money. It costs about $25 including VAT.

If you can not afford buying the book, you can visit a gallery with available graphical comics to read and absorb its meanings.
https://thelittlehodler.com/gallery/

Those graphical comics are very good to bring Bitcoin to more people, with a simple visual exposure to more people. People tend to love visual things that firstly catch their attention, and secondly more easily to absorb implied messages.

[Hossain Risfa]

El Salvador Committed to Buying Bitcoin Despite IMF Deal, Minister Says..



El Salvador is quietly defying the IMF, accelerating daily bitcoin buys and reinforcing its bold crypto strategy on the global stage. El Salvador Keeps Buying Bitcoin Daily Despite IMF Loan Conditions.

According to Arkham Intelligence, the Salvadoran government currently holds 6.162K BTC valued at over $583 million as of this writing and has been accumulating at a pace of 1 BTC per day.



Source

[ultrloa]

The IMF confirmed Tuesday that 🇸🇻 El Salvador has upheld its commitment to stop bitcoin accumulation by its fiscal sector.

"I can confirm that El Salvador continues to comply with its commitment to not hoard bitcoin by the fiscal sector in general, which is our performance criterion," - Rodrigo Valdés, director of the Western Hemisphere at the IMF



https://x.com/BitcoinNewsCom/status/1916117632052322626?t=o4SVOwL-vatWUp8nV13T2g&s=19

But they silently accumulating and ignore those conditions made by IMF. I find their action great statement that there's no one can stop them to buy Bitcoin.

This is relevant article towards this topic https://www.ccn.com/news/crypto/el-salvador-bitcoin-purchases-despite-imf-pressure/

I really had strong admiration of EL Salvador President since their current action state that IMF action will not bother them and they continue to do what they believe could bring future progress on their country. I also believe that in future IMF pressuring will stop and they would not ask same condition and just let El Salvador to buy Bitcoin.

[Altryist]

But they silently accumulating and ignore those conditions made by IMF. I find their action great statement that there's no one can stop them to buy Bitcoin.

This is relevant article towards this topic https://www.ccn.com/news/crypto/el-salvador-bitcoin-purchases-despite-imf-pressure/

I really had strong admiration of EL Salvador President since their current action state that IMF action will not bother them and they continue to do what they believe could bring future progress on their country. I also believe that in future IMF pressuring will stop and they would not ask same condition and just let El Salvador to buy Bitcoin.

Bukele has always had some kind of adventurous spirit, I don’t know how to put it correctly. Despite all the prohibitions, Bukeli will continue to do what he considers necessary and best for his country. I don’t know why it is so important for the IMF that El Salvador stops buying bitcoin. I don’t think that this can globally affect anything, the price of bitcoin, the attitude of other countries to bitcoin and so on. This is simply a far-fetched goal of the IMF, having achieved which they present it as their victory. But, as we see, this does not work and El Salvador continues to buy.

[Wiwo]

But they silently accumulating and ignore those conditions made by IMF. I find their action great statement that there's no one can stop them to buy Bitcoin.

This is relevant article towards this topic https://www.ccn.com/news/crypto/el-salvador-bitcoin-purchases-despite-imf-pressure/

I really had strong admiration of EL Salvador President since their current action state that IMF action will not bother them and they continue to do what they believe could bring future progress on their country. I also believe that in future IMF pressuring will stop and they would not ask same condition and just let El Salvador to buy Bitcoin.

Bukele has always had some kind of adventurous spirit, I don’t know how to put it correctly. Despite all the prohibitions, Bukeli will continue to do what he considers necessary and best for his country. I don’t know why it is so important for the IMF that El Salvador stops buying bitcoin. I don’t think that this can globally affect anything, the price of bitcoin, the attitude of other countries to bitcoin and so on. This is simply a far-fetched goal of the IMF, having achieved which they present it as their victory. But, as we see, this does not work and El Salvador continues to buy.

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.

[famososMuertos]

:://:::
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."

[Wiwo]

Edited out.

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."

Any ways we are very well aware of the politics that surround international financial institutions and the limits of their powers, although the news of El Salvador no longer accumulating bitcoin, is not a sign of the country bowing to pressure from international monetary funds,  if El Salvador can avoid loan's from IMF, there will be little to nothing IMF will have to use against their choice as far as bitcoin adoption is concerned.

[DubemIfedigbo001]

But they silently accumulating and ignore those conditions made by IMF. I find their action great statement that there's no one can stop them to buy Bitcoin.

This is relevant article towards this topic https://www.ccn.com/news/crypto/el-salvador-bitcoin-purchases-despite-imf-pressure/

I really had strong admiration of EL Salvador President since their current action state that IMF action will not bother them and they continue to do what they believe could bring future progress on their country. I also believe that in future IMF pressuring will stop and they would not ask same condition and just let El Salvador to buy Bitcoin.

Bukele has always had some kind of adventurous spirit, I don’t know how to put it correctly. Despite all the prohibitions, Bukeli will continue to do what he considers necessary and best for his country. I don’t know why it is so important for the IMF that El Salvador stops buying bitcoin. I don’t think that this can globally affect anything, the price of bitcoin, the attitude of other countries to bitcoin and so on. This is simply a far-fetched goal of the IMF, having achieved which they present it as their victory. But, as we see, this does not work and El Salvador continues to buy.

I admire the president, the dude has long-term vision with bitcoin, I hope I'm right with my interpretation of his intent? He is just another reminder of going after what you believe no matter the price you would pay. IMF does not see bitcoin as the right investment, maybe because they feel that the volatility of bitcoin might make the country economy unstable in case bitcoin performs badly and also they would not be able to manage debt securities better with a volatile legal tender or even a high rate of crime risks since it isn't very easy to trace funds flow, but Bukele believes that bitcoin is the future of money and thus investing into it consistently can place them at a profitable position on the long-run which is very possible.

If Bukele can achieve his bitcoin city dream, his country would definitely see an economic boost and investors would troop in for business activities, It is possible that the country can pay off IMF loans in no distant time from revenues from bitcoin city and most importantly, EL Salvador needs their own local currency so they can quit depending on dollar, their central bank can issue its own currency and be able to control monetary policies.

[Taskford]

Bukele has always had some kind of adventurous spirit, I don’t know how to put it correctly. Despite all the prohibitions, Bukeli will continue to do what he considers necessary and best for his country. I don’t know why it is so important for the IMF that El Salvador stops buying bitcoin. I don’t think that this can globally affect anything, the price of bitcoin, the attitude of other countries to bitcoin and so on. This is simply a far-fetched goal of the IMF, having achieved which they present it as their victory. But, as we see, this does not work and El Salvador continues to buy.

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.

I'm following their updates to since I really amazed how their leader been so smart towards dealing with Bitcoin and questioned our leaders on why they can't do the same.

We understand that there's risk but what asset doesn't have right? If those officials have the same mindset also vision then provably that we can see some good changes to happen in our country just like what they did in El Salvador. Imagine from murder capital they became a tourist destination that already a great achievement for his leadership which provably need to look forward by other nations. Before no one talks about this country but now they are gaining good media mileage due to those good decision especially with their investment or adoption made on Bitcoin.

[Mocha Gilmore]

El Salvador launches a project called  volcanic power. This project is designed to provide and supply adequate energies for bitcoin miners in  El Salvador.
Make every watt count and turn it into an opportunity. 🚀🌍

https://i.ibb.co/DDzKXSGM/20250503-174508.jpg

https://x.com/Volcano_Energy/status/1914797986296537144?t=0FPRpICGZ98M7PHHgeKesA&s=19

[LDL]

El Salvador launches a project called  volcanic power. This project is designed to provide and supply adequate energies for bitcoin miners in  El Salvador.
Make every watt count and turn it into an opportunity. 🚀🌍



https://x.com/Volcano_Energy/status/1914797986296537144?t=0FPRpICGZ98M7PHHgeKesA&s=19

Will Volcanic Power Work Without Geothermal Energy?
A more efficient power plant than geothermal is not an alternative to Bitcoin mining in El Salvador. Geothermal is simply generated by harnessing solar energy, which acts like a heat trap. After meeting the energy demand, the remaining energy must be converted into renewable energy and reused for Bitcoin mining. Good initiative and if this initiative can be utilized, it will definitely be possible to reduce energy loss by 25% (approx).

[AirtelBuzz]

El Salvador launches a project called  volcanic power. This project is designed to provide and supply adequate energies for bitcoin miners in  El Salvador.

This tweet you mentioned may be new but they have been using the volcano energy project for several years now, to my knowledge they've probably been mining Bitcoin using this energy since 2021. We all know that this country has already managed to reserve over 6K BTC, of which they have been able to mine 474 Bitcoins using geothermal energy. Maybe this example will make it clear to you that they have been using volcanic energy for Bitcoin mining for a long time.

• El Salvador has just started mining bitcoin using the energy from volcanoes
• El Salvador mines 474 Bitcoin using geothermal energy

Make every watt count and turn it into an opportunity. 🚀

A few years ago I read in an article that the country's power plant was capable of producing 102 megawatts of electricity but El Salvador used 1.5 megawatts of electricity from there for Bitcoin mining.

The administration of Bitcoin enthusiast President Nayib Bukele, who earlier this year was reelected to a second term, has installed 300 processors to "mine" bitcoins from the volcano. Of the 102 megawatts (MW) produced by the state-owned power plant, 1.5 MW are devoted to cryptocurrency mining.

[Dunamisx]

Even right from this thread, if we can fast track back some pages here, we can see a number of them, where the discussion of the bitcoin volcanic energy in mining have been discussed, but one thing which i noticed was that, ever since then, we have not been hearing on the way forward and progress on the sue of this same energy source, maybe it was a failed attempt or have been the most lucrative and productive of them all.

[ultrloa]

Even right from this thread, if we can fast track back some pages here, we can see a number of them, where the discussion of the bitcoin volcanic energy in mining have been discussed, but one thing which i noticed was that, ever since then, we have not been hearing on the way forward and progress on the sue of this same energy source, maybe it was a failed attempt or have been the most lucrative and productive of them all.

I think despite of pressure they get from IMF they provably continue to mine Bitcoin. There are articles has been shared and with those things we can say that they are somehow they are successful with this. Also as what I read before their Lava Pool check this article way back year 2023 https://volcano.energy/en/lava-pool-is-inaugurated-el-salvador-opens-its-first-bitcoin-mining-farm/ still running up to this date.

So for sure they are doing everything silently since for sure they are avoiding to create large noise that can possibly trigger more troubles from IMF. But still good that we see that they are still doing good with those things and continue to invest on Bitcoin despite of challenges they face. So I will not get surprised in future that El Salvador would became more successful due to efforts they made on investing on Bitcoin.

[Virtualsnipe13]

This is one of the best decisions a country could make in this current state of the world where digital assets are trying to outsmart currency and over power them in way even me don't understand.

[Cossyblack]

An El Salvador Travel Agency called "BITCOIN TRAVEL" confirm 1st Flight PAID 100% in Bitcoin .

Bitcoin travel is an agency that enable a traveler to book his/her flight Trips, accommodations and Hotel reservations to any country of his destination with an acceptable payments in Bitcoin or any crypto currency of his/her choice.More about bitcoin travel Agency

[Vip 75]

Este día he enviado a la Asamblea Legislativa una propuesta para ampliar la exoneración del impuesto sobre la renta a todos los salarios de hasta $550.

Esta medida beneficiará directamente a más de 100,000 familias salvadoreñas.

Además, brindará un incentivo fiscal que favorecerá los aumentos salariales en los rangos más bajos, incluyendo aquellos que actualmente ya superan el salario mínimo

https://www.talkimg.com/images/2025/05/04/UUUCzC.jpeg
https://x.com/nayibbukele/status/1917377256332353645?t=YBUCpk7iF31D-Nk6IPdydg&s=19

Excelente iniciativa, señor presidente. Esta medida no solo representa un alivio económico para miles de familias salvadoreñas, sino que también incentiva la formalización laboral y mejora el poder adquisitivo de quienes más lo necesitan.
Gracias por seguir impulsando políticas que ponen en el centro a la población.

https://x.com/henrygarciame/status/1917391145195262361?t=CFZ_JwuPzEdkf8toVSoBbA&s=19

[Soft Crem]

EL SALVADOR CONTINÚES TO TRAILBLAZE THE STANDARD FOR NATION STATE ADOPTION

El Salvador is showing once again that it is leading the way with Bitcoin — and this time, they’re starting with the next generation.



https://x.com/bitcoinofficesv/status/1919090563233509489?t=MMjCmIQHv3AgRrhS14J-Lw&s=19

[red4slash]

El Salvador’s Ministry of Education To Launch Educational Bitcoin Curriculum For Young School Students

Through a new educational program for children aged seven through thirteen, Bitcoin becomes part of everyday learning and is shaping the next generation. El Salvador is showing once again that it is leading the way with Bitcoin — and this time, they’re starting with the next generation.

We see that the Ministry of Education in El Salvador is now looking to incorporate Bitcoin into the curriculum of many young students. In my opinion the new educational programs they have are giving priority to children between the ages of 7 and 13. Through this educational program for young children, everyone may be able to understand that they are moving further in the field of Bitcoin. In fact we all know about Lina seiches Hodler project, It is believed that the launch of that program will be announced through this project.

They are getting more serious with the adoption of bitcoin because it is in accordance with the purpose of ownership for the long term they are also trying to print the next generation to be more literate on bitcoin as a step to make adaptations for the future continue to be maintained with bitcoin.

This is clearly a very good thing in the end because indirectly they are also educated to be more understanding and wise especially with the concept of “What Is Money?” as in this vision.
I think with this although not as a whole but this will bring up new seeds that can indeed have a more straightforward responsiveness to bitcoin which will clearly make El Savador remain one of the countries that is quite superior in matters of bitcoin adoption compared to other countries nanitnya because they have tried to be one step ahead.