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Author Topic: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻  (Read 56115 times)
HelliumZ
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June 29, 2025, 05:12:08 PM
Last edit: June 29, 2025, 05:22:36 PM by HelliumZ
 #3261

El Salvador is winning because of young Salvadorans like Erickson Elías.

Erickson is from Cabañas-Ilobasco. He had to work hard to get to the top of the class.
At 28 years old, he just beat 334 other international students to finish NUMBER ONE in the planb_network program.
The President of El Salvador is trying to make CUBO AI the most competent among the young generation to transform El Salvador into the most powerful Bitcoin city in the world and is achieving success.


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As-Soon-As
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June 29, 2025, 11:59:50 PM
 #3262

El Salvador is winning because of young Salvadorans like Erickson Elías.

Erickson is from Cabañas-Ilobasco. He had to work hard to get to the top of the class.
At 28 years old, he just beat 334 other international students to finish NUMBER ONE in the planb_network program.
The President of El Salvador is trying to make CUBO AI the most competent among the young generation to transform El Salvador into the most powerful Bitcoin city in the world and is achieving success.


x link

That is why El Salvador has gained a reputation all over the world for Bitcoin and for educating the people of his country, the President of El Salvador, Nayib Bukele, has spent the most time and effort. He has spent a long time and with the most knowledgeable students, he has given the most priority to CUBO AI to make Bitcoin even stronger.
They are the ones who are working the most to achieve the country's reputation, in terms of Bitcoin holding, El Salvador is also very hardworking and is holding Bitcoin in a systematic way. By holding one Bitcoin at a time, they have created a Bitcoin empire. Their hard work will definitely be successful and by holding Bitcoin for a long time, they are able to become economically self-sufficient.

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Dogedegen
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July 01, 2025, 12:54:14 AM
 #3263

El Salvador is winning because of young Salvadorans like Erickson Elías.

Erickson is from Cabañas-Ilobasco. He had to work hard to get to the top of the class.
At 28 years old, he just beat 334 other international students to finish NUMBER ONE in the planb_network program.
The President of El Salvador is trying to make CUBO AI the most competent among the young generation to transform El Salvador into the most powerful Bitcoin city in the world and is achieving success.


x link
That is why El Salvador has gained a reputation all over the world for Bitcoin and for educating the people of his country, the President of El Salvador, Nayib Bukele, has spent the most time and effort. He has spent a long time and with the most knowledgeable students, he has given the most priority to CUBO AI to make Bitcoin even stronger.
They are the ones who are working the most to achieve the country's reputation, in terms of Bitcoin holding, El Salvador is also very hardworking and is holding Bitcoin in a systematic way. By holding one Bitcoin at a time, they have created a Bitcoin empire. Their hard work will definitely be successful and by holding Bitcoin for a long time, they are able to become economically self-sufficient.
Bukele's approach is very systematic. Clean up the crime aggressively with minor negative cost, and then invest heavily in education. While there are doubters around the world, what we are seeing is an unique example of working politics. I have never seen valid arguments against what is Bukele doing as most metrics indicate that his is overwhelmingly successful with this and that the population widely supports his measures. Ironically, the people who are complaining about him are most likely living in countries with very corrupt politicians and countries that have problems that keep getting worse and not better.
Just Common
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July 01, 2025, 05:18:29 PM
 #3264

A ROBOT LAW AND FREE ROBOT ZONES COMING TO EL SALVADOR?

For example:



While other countries are still debating the robot issue, El Salvador is already legislating the future."
I think El Salvador is moving ahead compared to other countries. They have come a long way in terms of technology since they got these robots. Now it's time to move forward economically with these technologies.

https://x.com/bitcoinofficesv/status/1940080986278027447?t=DipcnSAUhsr3PFTQze4gXA&s=19
avp2306
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July 01, 2025, 10:07:33 PM
 #3265

El Salvador is winning because of young Salvadorans like Erickson Elías.

Erickson is from Cabañas-Ilobasco. He had to work hard to get to the top of the class.
At 28 years old, he just beat 334 other international students to finish NUMBER ONE in the planb_network program.
The President of El Salvador is trying to make CUBO AI the most competent among the young generation to transform El Salvador into the most powerful Bitcoin city in the world and is achieving success.


x link

That is why El Salvador has gained a reputation all over the world for Bitcoin and for educating the people of his country, the President of El Salvador, Nayib Bukele, has spent the most time and effort. He has spent a long time and with the most knowledgeable students, he has given the most priority to CUBO AI to make Bitcoin even stronger.
They are the ones who are working the most to achieve the country's reputation, in terms of Bitcoin holding, El Salvador is also very hardworking and is holding Bitcoin in a systematic way. By holding one Bitcoin at a time, they have created a Bitcoin empire. Their hard work will definitely be successful and by holding Bitcoin for a long time, they are able to become economically self-sufficient.


With this things they have done for educating people towards Bitcoin and for being successful of their Firs CUBO program that their young generation knowledgeable not on with Bitcoin but also with Ai technology.

This efforts they made like giving good education to their people would provably bare good result for their country. Now it became more interesting to look forward in future especially that lot of great things happen on El Salvador.

We don't know if they became economically sufficient with this but what did El Salvador did would provably bring lot of good things that will be helpful to their country.

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HelliumZ
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July 01, 2025, 11:43:31 PM
 #3266

El Salvador has been purchasing one bitcoin per day from its strategic reserve of bitcoins, Currently, El Salvador has 6,224 Bitcoins in its Bitcoin strategic reserve. El Salvador is the only Bitcoin-approved country in the world, and is constantly organizing various research programs and educational activities on Bitcoin. The CUBO education program, the Robot Law, and Bitcoin are the most important steps taken. But at some point, the whole world will consider El Salvador an Idol City.











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Just Say
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July 02, 2025, 04:38:00 AM
Merited by Platinumys (2)
 #3267

El Salvador has been purchasing one bitcoin per day from its strategic reserve of bitcoins, Currently, El Salvador has 6,224 Bitcoins in its Bitcoin strategic reserve. El Salvador is the only Bitcoin-approved country in the world, and is constantly organizing various research programs and educational activities on Bitcoin. The CUBO education program, the Robot Law, and Bitcoin are the most important steps taken. But at some point, the whole world will consider El Salvador an Idol City.
My full understanding is that this reflects the type of savings continuity practice under their political figure leadership.
I know many observers have commented that because personal purchases in this country are so small, they never have an impact on Bitcoin liquidity but the consistency with which they are practicing is certainly enough to support a major symbolic effect. You have made ample statements that they are organizing various research programs and educational activities on Bitcoin, in addition the Robot Law and Bitcoin are among the most notable programs that have created a stir.

By the way this country may not trust various programs because they have already prepared a secure cold wallet system to protect their assets from possible cyber attacks maybe in this case they won't compromise on anything.

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every day until
December 25th!
|

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Dogedegen
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July 02, 2025, 05:41:35 PM
 #3268

El Salvador has been purchasing one bitcoin per day from its strategic reserve of bitcoins, Currently, El Salvador has 6,224 Bitcoins in its Bitcoin strategic reserve. El Salvador is the only Bitcoin-approved country in the world, and is constantly organizing various research programs and educational activities on Bitcoin. The CUBO education program, the Robot Law, and Bitcoin are the most important steps taken. But at some point, the whole world will consider El Salvador an Idol City.
My full understanding is that this reflects the type of savings continuity practice under their political figure leadership.
I know many observers have commented that because personal purchases in this country are so small, they never have an impact on Bitcoin liquidity but the consistency with which they are practicing is certainly enough to support a major symbolic effect. You have made ample statements that they are organizing various research programs and educational activities on Bitcoin, in addition the Robot Law and Bitcoin are among the most notable programs that have created a stir.

By the way this country may not trust various programs because they have already prepared a secure cold wallet system to protect their assets from possible cyber attacks maybe in this case they won't compromise on anything.
It does have an impact on liquidity. The impact is going to show in a stronger way as time passes. The important thing here is that a country is buying consistently and plans on holding it long term or maybe forever. If their economy improves a lot, they could increase their purchasing. On the other hand, other countries could join this eventually too.
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July 02, 2025, 11:29:20 PM
 #3269

El Salvador has been purchasing one bitcoin per day from its strategic reserve of bitcoins, Currently, El Salvador has 6,224 Bitcoins in its Bitcoin strategic reserve. El Salvador is the only Bitcoin-approved country in the world, and is constantly organizing various research programs and educational activities on Bitcoin. The CUBO education program, the Robot Law, and Bitcoin are the most important steps taken. But at some point, the whole world will consider El Salvador an Idol City.
You may have noticed that various countries have already started following El Salvador, especially many countries in the world have started directly and indirectly increasing their country's strategic reserves in Bitcoin. Previously, gold was kept in banks as a liquid asset or as a reserve, but now, along with gold, Bitcoin is being held as a strategic reserve. Pakistan has decided to keep Bitcoin as their strategic reserve, and even a popular political party in India has expressed its opinion to keep Bitcoin as a strategic reserve. Now, the demand and popularity of Bitcoin is increasing and it is estimated that in the future, Bitcoin has the potential to be recognized as one of the world's reserve currencies. When every country in the world gives importance to Bitcoin as a reserve to manage, then El Salvador will definitely be the only Bitcoin Idol City in the world.
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July 03, 2025, 08:11:58 AM
Merited by estenity (1)
 #3270

El Salvador has been purchasing one bitcoin per day from its strategic reserve of bitcoins, Currently, El Salvador has 6,224 Bitcoins in its Bitcoin strategic reserve. El Salvador is the only Bitcoin-approved country in the world, and is constantly organizing various research programs and educational activities on Bitcoin. The CUBO education program, the Robot Law, and Bitcoin are the most important steps taken. But at some point, the whole world will consider El Salvador an Idol City.
You may have noticed that various countries have already started following El Salvador, especially many countries in the world have started directly and indirectly increasing their country's strategic reserves in Bitcoin. Previously, gold was kept in banks as a liquid asset or as a reserve, but now, along with gold, Bitcoin is being held as a strategic reserve. Pakistan has decided to keep Bitcoin as their strategic reserve, and even a popular political party in India has expressed its opinion to keep Bitcoin as a strategic reserve. Now, the demand and popularity of Bitcoin is increasing and it is estimated that in the future, Bitcoin has the potential to be recognized as one of the world's reserve currencies. When every country in the world gives importance to Bitcoin as a reserve to manage, then El Salvador will definitely be the only Bitcoin Idol City in the world.

The number is growing and its really amazing to see that many of them are now investing on Bitcoin.

People could see it here about which of those countries are leading https://cointelegraph.com/learn/articles/bitcoin-adoption-by-country

Great to see that lots of political leaders including El Salvador are going into Bitcoins and they see that there's more better future coming up with this coin. Bitcoin recognition is growing more and for sure that those remaining skeptical leaders will get convince later on that Bitcoin is good asset to have in their country.

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July 04, 2025, 10:14:45 PM
Merited by JayJuanGee (1)
 #3271

The Bitcoin Office will be on stage at the Kennedy Center in Washington, D.C.
📆September 30 - October 1
We'll share our experiences building Bitcoin Country over the past 3.5  years:

🇸🇻The world's first Strategic Bitcoin Reserve
📙The best bitcoin public education programs



Source link: https://x.com/stacyherbert/status/1940579283598217534?t=xLGGWqCdQBo7kzZcLcXMpQ&s=19


There is great news that El Salvador's President Nayib Bukele will reveal the progress that Bitcoin has made in the past 3.5 years, from the beginning of Bitcoin to today, on this day from September 30 to October 1.
There will also be a wide discussion about Bitcoin education at this event, of course we will be looking forward to this day, because important discussions are held here, the opinions of experienced people will certainly be beneficial for every Bitcoin holder.

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July 05, 2025, 06:49:16 AM
Merited by JayJuanGee (1)
 #3272

🇸🇻EL SALVADOR IS NUMBER ONE, LEADING THE WORLD IN BITCOIN EDUCATION

"And this is what we mean when we say: EXCELLENCE ONLY"

https://x.com/bitcoinofficesv/status/1941177275443183943?t=gM35F4whdj9GnwODkmI6qA&s=19

EL Salvador has plans to work with robots in their future. They have decided to use cutting-edge technology for this. They are teaching students in their country about this.



https://x.com/bitcoinofficesv/status/1941312618301620249?t=VVdpO-8blMKRgQNHFv3Dxw&s=19

Students in 🇸🇻 El Salvador having fun and learning about Bitcoin mining with Nerdminers.



https://x.com/BitcoinNewsCom/status/1941195089814093891?t=XXKcrmsYqBG2iHRnAY-DkA&s=19
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July 06, 2025, 10:01:02 AM
Merited by JayJuanGee (1)
 #3273

🇸🇻EL SALVADOR IS NUMBER ONE, LEADING THE WORLD IN BITCOIN EDUCATION

"And this is what we mean when we say: EXCELLENCE ONLY"

https://x.com/bitcoinofficesv/status/1941177275443183943?t=gM35F4whdj9GnwODkmI6qA&s=19

EL Salvador has plans to work with robots in their future. They have decided to use cutting-edge technology for this. They are teaching students in their country about this.



https://x.com/bitcoinofficesv/status/1941312618301620249?t=VVdpO-8blMKRgQNHFv3Dxw&s=19

Students in 🇸🇻 El Salvador having fun and learning about Bitcoin mining with Nerdminers.



https://x.com/BitcoinNewsCom/status/1941195089814093891?t=XXKcrmsYqBG2iHRnAY-DkA&s=19

Its amazing to see that El Salvador is doing good on this things especially for having this Bitcoin education to their citizens.

With this I got curious if there are other countries have this kind of set up in their school and amazing to see that some countries also insert Bitcoin education on their curriculum.

See those countries in this link https://myfirstbitcoin.io/beyond-borders-6-education-for-the-world/

I do hope that this kind of teaching would spread out especially in our country since Bitcoin education is so helpful for future generation especially that digitalization will boom in future and its good that we are prepared for it so that we can take advantage on future benefits what technology and Bitcoin could offer to us and also to other people.

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July 06, 2025, 10:45:43 AM
 #3274

🇸🇻EL SALVADOR IS NUMBER ONE, LEADING THE WORLD IN BITCOIN EDUCATION

"And this is what we mean when we say: EXCELLENCE ONLY"

https://x.com/bitcoinofficesv/status/1941177275443183943?t=gM35F4whdj9GnwODkmI6qA&s=19

EL Salvador has plans to work with robots in their future. They have decided to use cutting-edge technology for this. They are teaching students in their country about this.



https://x.com/bitcoinofficesv/status/1941312618301620249?t=VVdpO-8blMKRgQNHFv3Dxw&s=19

Students in 🇸🇻 El Salvador having fun and learning about Bitcoin mining with Nerdminers.



https://x.com/BitcoinNewsCom/status/1941195089814093891?t=XXKcrmsYqBG2iHRnAY-DkA&s=19
I do hope that this kind of teaching would spread out especially in our country since Bitcoin education is so helpful for future generation especially that digitalization will boom in future and its good that we are prepared for it so that we can take advantage on future benefits what technology and Bitcoin could offer to us and also to other people.
It will definitely going to be spread to other countries of the world, because El Salvador country was the first country to make BTC legal tender before other countries began to make it legal tender to enjoy the benefits of BTC. With this new teaching technology they have initiated to their country to educate their citizens about BTC and other cryptocurrencies, it will help many people in the El Salvador country to benefit from BTC and other cryptocurrencies.

If this new system of educating their citizens with BTC work in the country, I guess it will going to spread like the way BTC legal tender is spreading all over the world today.


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July 06, 2025, 11:17:09 AM
 #3275

It will definitely going to be spread to other countries of the world, because El Salvador country was the first country to make BTC legal tender before other countries began to make it legal tender to enjoy the benefits of BTC. With this new teaching technology they have initiated to their country to educate their citizens about BTC and other cryptocurrencies, it will help many people in the El Salvador country to benefit from BTC and other cryptocurrencies.

If this new system of educating their citizens with BTC work in the country, I guess it will going to spread like the way BTC legal tender is spreading all over the world today.
Just a reminder that Bitcoin isn't a legal tender in El Salvador anymore, not only because of pressure from IMF, but because businesses are legally required accept it, and many merchants were against adopting it because of the volatility and technical issues. Not to speak of the fact BTC being a legal tender was unpopular among the majority of Salvadorans.

Imho it's better to stay as a legal payment method for anyone accepting it, then to require all the small businesses to accept it as a legal tender. That doesn't sound very libertarian to me.

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July 06, 2025, 05:12:15 PM
 #3276

EL SALVADOR BOUGHT MORE BITCOIN TODAY.



El Salvador is buying Bitcoin one after another. It's as if buying Bitcoin has become an addiction. I think El Salvador sees a future in Bitcoin. That's why they are buying Bitcoin regularly.

https://x.com/bitcoinofficesv/status/1941685746718363738?t=4G9d0Sg654aqQB2YR-jGFQ&s=19
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July 07, 2025, 12:59:38 PM
Merited by Most 20 (3), JayJuanGee (1)
 #3277

Nayib Bukele Ranked as World’s Most Popular Leader, According to Survey .



El Salvador’s president tops international image rankings, surpassing global leaders from North America, Europe, and Asia.
President Nayib Bukele of El Salvador has been recognized as the world’s highest-rated leader, topping a ranking of 21 global leaders in the latest international survey conducted by Chilean polling firm Cadem. With a remarkable 77% favorable image rating, Bukele stands above prominent presidents and prime ministers from North America, Europe, Asia, and South America.
The survey, which assesses public perceptions of global political figures, places Bukele in first place, followed by Canadian Prime Minister Mark Carney (61%) and Pope Leo XIV (57%). French President Emmanuel Macron and Chinese President Xi Jinping tied for fourth place with 56%, while UK Prime Minister Keir Starmer followed closely at 53%. Ukrainian President Volodymyr Zelensky (50%), Italian Prime Minister Giorgia Meloni (48%), Mexican President Claudia Sheinbaum (47%), and Uruguayan President Yamandú Orsi (44%) rounded out the top ten.
Under President Bukele’s administration, El Salvador has undergone a dramatic transformation in security. In 2024, the country recorded a historic homicide rate of just 1.9 per 100,000 inhabitants, the lowest in the Western Hemisphere. This stands in stark contrast to the 106.3 per 100,000 rate recorded in 2015, during the previous FMLN government.


https://elsalvadorinenglish.com/2025/07/06/nayib-bukele-ranked-as-worlds-most-popular-leader-according-to-survey/
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July 07, 2025, 09:55:50 PM
Last edit: July 08, 2025, 02:15:18 AM by 2Pizza410000BTC
Merited by Platinumys (2)
 #3278

FUN FACT: El Salvador's national library runs a #Bitcoin node 🇸🇻



https://x.com/BitcoinMagazine/status/1942336138103943194?t=wAI_0DXzj1FTiTSC1xlQeg&s=19

Nayeb Bukeli's move to run a Bitcoin node at the National Library of El Salvador is a bold move because when the move to run a Bitcoin node at the national library is taken, people across the country will become more popular and interested in Bitcoin. When a Bitcoin node can be run directly at a national institution, people will be able to learn better because people will get hands-on experience here. It will be more convenient for new people because they will be working directly with Bitcoin and they will be able to gain better experience directly. However, this is a clear sign that such a move indicates the long-term promise of Bitcoin.

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July 07, 2025, 10:50:20 PM
Merited by JayJuanGee (1)
 #3279

It will definitely going to be spread to other countries of the world, because El Salvador country was the first country to make BTC legal tender before other countries began to make it legal tender to enjoy the benefits of BTC. With this new teaching technology they have initiated to their country to educate their citizens about BTC and other cryptocurrencies, it will help many people in the El Salvador country to benefit from BTC and other cryptocurrencies.

If this new system of educating their citizens with BTC work in the country, I guess it will going to spread like the way BTC legal tender is spreading all over the world today.
Just a reminder that Bitcoin isn't a legal tender in El Salvador anymore, not only because of pressure from IMF, but because businesses are legally required accept it, and many merchants were against adopting it because of the volatility and technical issues. Not to speak of the fact BTC being a legal tender was unpopular among the majority of Salvadorans.

Imho it's better to stay as a legal payment method for anyone accepting it, then to require all the small businesses to accept it as a legal tender. That doesn't sound very libertarian to me.

This is one of the flaws of their implementation and many merchants are concern about the volatility of Bitcoin. If El Salvador assess well the situation and try to educate more the merchants or business sector about Bitcoin for sure those things will not happen.

But what still good thing happen is they make Bitcoin acceptance voluntary and merchants could still choose to accept it or not. But if I am the merchant in that country I would provably choose to add Bitcoin since it will not give people choices to pay something for the goods they bought. But also it give exposure to lots of people that my store is accepting Bitcoin. For now the current status is better since they could think about more better approach. BTC still legal in their country so everything still fine and they can deal with Bitcoin on anything  they like.

R


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July 07, 2025, 11:23:47 PM
 #3280

-snip-
This is one of the flaws of their implementation and many merchants are concern about the volatility of Bitcoin. If El Salvador assess well the situation and try to educate more the merchants or business sector about Bitcoin for sure those things will not happen.

But what still good thing happen is they make Bitcoin acceptance voluntary and merchants could still choose to accept it or not. But if I am the merchant in that country I would provably choose to add Bitcoin since it will not give people choices to pay something for the goods they bought. But also it give exposure to lots of people that my store is accepting Bitcoin. For now the current status is better since they could think about more better approach. BTC still legal in their country so everything still fine and they can deal with Bitcoin on anything  they like.
The El Salvador government's policy on bitcoin adoption is considered friendly to economic actors if they do not require everyone to adopt bitcoin as a means of payment. Ultimately this gives freedom to micro or macro economic actors about which is most profitable for their business - but bitcoin seems good to be adopted when the state already supports it.

Accepting bitcoin as a means of payment is a great solution to give buyers multiple payment options. Some people may need to pay in fiat as some places do not accept bitcoin - but this is a decision for each business owner as they are the ones running it after all.

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