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

[Dogedegen]

I think if other Bitcoin friendly countries can start emulating what President Nayib Bukele is doing in El Salvador by offering free internships classes on Bitcoin would go a long away in promoting Bitcoin awareness among citizens respectively and a lots more.

Yes it is true that if other countries could provide free internship classes about Bitcoin like Nayib Bukele so maybe it's largely true that it will help create awareness about this valuable resource in that country and among the citizens of that country. However it appears that El Salvador's Bitcoin adoption is increasing especially as the country's president has successfully played a role in spreading the craze among its citizens. To my knowledge Bitcoin adoption in this country has already reached 70 percent, which is probably very thrilling. We are currently observing statistics compiled by the Cornell Bitcoin Group and we can see that El Salvador has the highest rate of Bitcoin ownership.

Yes, Bitcoin Adoption Reached 70% in El Salvador, but There’s a Catch – Crypto News Bitcoin News

According to figures compiled by Cornell University, El Salvador boasts one of the highest bitcoin ownership rates in the world, reaching over 70% at one point. Nonetheless, while these numbers may be accurate, the circumstances behind them need to be understood.

You should have quoted the catch rather than leave it at that.   Did you know that Bitcoin.com is a scam website run by a serial scammer? Perhaps it would be wise to stop using it. That being said, I took a look at the article and it is just terrible. It is very superficial journalism. I could have written it myself in 5 minutes using ChatGPT. In any case the key data point is the following:

According to a recently released report, over 70% of all Salvadorans have owned bitcoin at some point, while nearly 30% currently own it.

30% is very good for a country where most people would have just sold the airdrop to have more money for survival. El Salvadore continues to prosper though so that is changing fast.

[fredericktaylor]

El Salvador continues its daily Bitcoin buys, now holding 6,258 BTC


x
El Salvador purchased 200 BTC in 2021, but since 2022, they have been buying and holding Bitcoin continuously. El Salvador is in 6th position among government BTC holders. I hope that if Salvador collects Bitcoin for another four to five years, it will achieve 4th position among government BTC holders, but it is true that this path will not be so easy. I hope that in the future every country will become a strong Bitcoin holder like El Salvador.

[DaNNy001]

El Salvador continues its daily Bitcoin buys, now holding 6,258 BTC


x
El Salvador purchased 200 BTC in 2021, but since 2022, they have been buying and holding Bitcoin continuously. El Salvador is in 6th position among government BTC holders. I hope that if Salvador collects Bitcoin for another four to five years, it will achieve 4th position among government BTC holders, but it is true that this path will not be so easy. I hope that in the future every country will become a strong Bitcoin holder like El Salvador.

Well it's  very simple, the president is the one engineering the buying and that's because he knows the full value and worth of Bitcoin, El Salvador is one of the nations that made history by actually making Bitcoin an official legal tender and this bold step have given more exposure and confident to others in the Bitcoin world. As for El Salvador reaching the top four position, that's just a matter of time and in no time if they are consistent as now they will reach the top four.

[Taskford]

El Salvador continues its daily Bitcoin buys, now holding 6,258 BTC


x
El Salvador purchased 200 BTC in 2021, but since 2022, they have been buying and holding Bitcoin continuously. El Salvador is in 6th position among government BTC holders. I hope that if Salvador collects Bitcoin for another four to five years, it will achieve 4th position among government BTC holders, but it is true that this path will not be so easy. I hope that in the future every country will become a strong Bitcoin holder like El Salvador.

Well it's  very simple, the president is the one engineering the buying and that's because he knows the full value and worth of Bitcoin, El Salvador is one of the nations that made history by actually making Bitcoin an official legal tender and this bold step have given more exposure and confident to others in the Bitcoin world. As for El Salvador reaching the top four position, that's just a matter of time and in no time if they are consistent as now they will reach the top four.

Actually its not simple as that since we see they face lots of challenges with their decision to invest on Bitcoin.

Their biggest challenge is when IMF interfere and want their country to be out on Bitcoin investment. But they didn't follow the order and now they are facing lots of controversy and spicy negative campaigns done by IMF to them.

But for sure they know that IMF is not helping but rather controlling their gains and other benefits from Bitcoin is more bigger than what those disturbing institution could offer to them.

[As-Soon-As]

El Salvador continues its daily Bitcoin buys, now holding 6,258 BTC

x
El Salvador purchased 200 BTC in 2021, but since 2022, they have been buying and holding Bitcoin continuously. El Salvador is in 6th position among government BTC holders. I hope that if Salvador collects Bitcoin for another four to five years, it will achieve 4th position among government BTC holders, but it is true that this path will not be so easy. I hope that in the future every country will become a strong Bitcoin holder like El Salvador.

Well it's  very simple, the president is the one engineering the buying and that's because he knows the full value and worth of Bitcoin, El Salvador is one of the nations that made history by actually making Bitcoin an official legal tender and this bold step have given more exposure and confident to others in the Bitcoin world. As for El Salvador reaching the top four position, that's just a matter of time and in no time if they are consistent as now they will reach the top four.

El Salvador is a country with extensive experience in Bitcoin holdings, as it has been attacked in various ways from different directions. The anti-Bitcoin conspiracy of various countries and the IMF's debt pressure and various restrictions on Bitcoin have been imposed on El Salvador. But Nayib Bukele did not care about any kind of conspiracy, only giving Bitcoin the most priority, as a result of which El Salvador is currently at the peak of its most successful country.
Their daily Bitcoin DCA purchase has made them more aggressive, because the more Bitcoin they buy, the more economically self-sufficient they will be. Various countries are moving forward to adopt Bitcoin, targeting El Salvador, this is the most tangible proof of the success of Bitcoin at the present time.

[arwin100]

El Salvador continues its daily Bitcoin buys, now holding 6,258 BTC

x
El Salvador purchased 200 BTC in 2021, but since 2022, they have been buying and holding Bitcoin continuously. El Salvador is in 6th position among government BTC holders. I hope that if Salvador collects Bitcoin for another four to five years, it will achieve 4th position among government BTC holders, but it is true that this path will not be so easy. I hope that in the future every country will become a strong Bitcoin holder like El Salvador.

Well it's  very simple, the president is the one engineering the buying and that's because he knows the full value and worth of Bitcoin, El Salvador is one of the nations that made history by actually making Bitcoin an official legal tender and this bold step have given more exposure and confident to others in the Bitcoin world. As for El Salvador reaching the top four position, that's just a matter of time and in no time if they are consistent as now they will reach the top four.

El Salvador is a country with extensive experience in Bitcoin holdings, as it has been attacked in various ways from different directions. The anti-Bitcoin conspiracy of various countries and the IMF's debt pressure and various restrictions on Bitcoin have been imposed on El Salvador. But Nayib Bukele did not care about any kind of conspiracy, only giving Bitcoin the most priority, as a result of which El Salvador is currently at the peak of its most successful country.
Their daily Bitcoin DCA purchase has made them more aggressive, because the more Bitcoin they buy, the more economically self-sufficient they will be. Various countries are moving forward to adopt Bitcoin, targeting El Salvador, this is the most tangible proof of the success of Bitcoin at the present time.

They tried to make Bitcoin as their legal tender and for sure they learn lot of experience either bad or good. That's why they try to do some nice action then educate their people so that next time when they do great decision to make Bitcoin as legal tender on their country their citizens is prepared to handle many situations happening on Bitcoin.

El Salvador also doing good with their investment since as of now they are so bullish and earning good profits on their investment made on Bitcoin. For sure that there would be more profit to get especially if they are consistent doing DCA and don't let anyone disturb them on their investment decision also adoption done on Bitcoin.

[Aanuoluwatofunmi]

I know that by now, some naysayers will still be there hanging around to corrupt others mind about bitcoin, which I don't know what they stand to gain for not investing in bitcoin and yet poisoning other people's mind about investing, ever since the time El-Salvador adopted Bitcoin as a legal tender, they ha e been profitable in it, together with their daily investments decisions to buy and hold bitcoin, they know what they are doing and have a plan for the people and the nation at large with bitcoin achievements.

[As-Soon-As]

El Salvador’s Leader Is Autocrat to Some, Godsend to Others
Lawmakers approved constitutional changes abolishing term limits and allowing President Nayib Bukele to stay in power indefinitely. Why now?
Source Link

Although this post is political, it is very useful for Bitcoin, you should note that El Salvador has changed the constitutional law to support Nayib Bukele for an indefinite period. This post indicates that this calm ruler is definitely needed to awaken Bitcoin holding more, since Nayib Bukele came to power, the crime rate in El Salvador has decreased to almost zero.
So I want to say that if Nayib Bukele is in power, Bitcoin holding will definitely continue regularly. If the next government comes to power, it could disrupt Bitcoin holding, so I definitely like this constitutional law change. Because Nayib Bukele is the only one who is best suited to move El Salvador forward through regular Bitcoin holding.

We also want El Salvador's Bitcoin holding to remain active for a long time, and this is the most appropriate step for Nayik Bukele to be elected president for the day by changing the constitutional law to keep this Bitcoin holding active. This is what everyone in El Salvador supports this step.

[Dogedegen]

El Salvador’s Leader Is Autocrat to Some, Godsend to Others
Lawmakers approved constitutional changes abolishing term limits and allowing President Nayib Bukele to stay in power indefinitely. Why now?
Source Link

Good update but asking the question "Why now?" is not necessary. Whenever a change like this is done you can always ask why now and why not tomorrow. Those that are saying this is the death of democracy just shows that their intellect is not even on the level of animals. Many countries that they support have no limit for presidents and they don't complain about those. Yet when Nayib does it, it is a bad thing.  

We also want El Salvador's Bitcoin holding to remain active for a long time, and this is the most appropriate step for Nayik Bukele to be elected president for the day by changing the constitutional law to keep this Bitcoin holding active. This is what everyone in El Salvador supports this step.

No leader in the world has public approval even close to Nayib, and as such this change is correct and reflects the will of the people. These articles are always very biased.

“He’s done a good job,” Ms. Cornejo said. “But at the same time, behind the good things he’s doing, there’s a lot of evil.”

The correct representation of almost every western leader would be: They did a terrible job, and behind all the bad things they have done, there's a lot of evil. When are they going to write an article about that? 

[Just Common]

El Salvador Removes Term Limits, Paving Way for More Bitcoin
El Salvador has eliminated presidential term limits, allowing Nayib Bukele to extend his pro-Bitcoin policies.
The government claims to have increased its bitcoin holdings to over 6,200 BTC, but recent reports question the transparency of these acquisitions.
Bukele’s continued leadership is seen as stabilizing for El Salvador’s bitcoin strategy despite ongoing international scrutiny.


Bukele’s bitcoin policy continues
Since making bitcoin legal tender in 2021, Bukele has promoted the country as a hub for financial sovereignty, often in defiance of international pressure.
Despite IMF stipulations against further bitcoin purchases, El Salvador’s government recently announced the acquisition of eight additional BTC at an average of $118,500 per coin, bringing total reported holdings to approximately 6,248 BTC, worth over $740 million.
Data from Arkham Intelligence showed the government’s balance at 6,255 BTC.
Transparency and skepticism
However, questions linger about the transparency of these purchases.
A recent IMF report indicated that some of El Salvador’s latest bitcoin activity may have involved internal wallet transfers rather than new open market buys.
John Dennehy, founder of My First Bitcoin, commented:
“Another day, another Bitcoin transferred from an undisclosed govt controlled wallet to a public facing govt controlled wallet. It’s misleading to present this as El Salvador stacking when in reality the total amount stays the same.
These concerns are echoed by other analysts, who note discrepancies between public announcements and on-chain data.

https://bitbo.io/news/el-salvador-bitcoin-term/

[Gost ms]

El Salvador continues its daily Bitcoin buys, now holding 6,258 BTC


x
El Salvador purchased 200 BTC in 2021, but since 2022, they have been buying and holding Bitcoin continuously. El Salvador is in 6th position among government BTC holders. I hope that if Salvador collects Bitcoin for another four to five years, it will achieve 4th position among government BTC holders, but it is true that this path will not be so easy. I hope that in the future every country will become a strong Bitcoin holder like El Salvador.

Gradually, every country in the world will become a Bitcoin holder. Because Bitcoin is currently digital gold. Big countries may regret El Salvador in the future. Because everyone knows what Bitcoin is and what the price of Bitcoin can be in the future, etc. But almost all countries are not investing in Bitcoin despite all these things. When they express their desire to invest or when they invest, El Salvador will leave all countries behind and move forward a lot and the rest of the countries will regret why we did not do it before.

When Bitcoin was first launched, many people knew about Bitcoin, but many did not believe in it at that time, and now they are very sorry about their decision.

[LDL]

It is amazing that El Salvador is becoming so aware and serious about Bitcoin that the country is taking all the necessary steps to make its people at all levels widely aware and knowledgeable about Bitcoin. The most recent educational program in Lugano, Switzerland, Network B, where a program featuring El Salvador's talented youth, concluded.
An educational program called "What's Money" was organized for primary level students in El Salvador, most likely around the age of seven and a little over, where they were given beautiful decorative books that included Bitcoin. A country where seven-year-old children learn about Bitcoin will be able to make the greatest contribution to Bitcoin in the future generations. And the more future generations learn about Bitcoin, the more they will achieve economic solvency. Considering this aspect, no country in the world can match El Salvador.



https://x.com/bitcoinofficesv/status/1952488342232457471?t=5XmgpM0i4yq1kIk6FwmOmA&s=19

[Localhostspeed]

If the bitcoin bill is passed and becomes El Salvador's legal tender, it will be a great progress in the cryptocurrency and bitcoin industry.

Starting from El Salvador, it gradually influences other countries and finally the whole world. This is an important part of social and human development.

There is no any bills to be pass in El Salvador, Bitcoin is a legal tender in El Salvador since 2021. You should check here: https://www.weforum.org/stories/2021/09/bitcoin-legal-tender-el-salvador-economics-finance, they didn't just put it into law, they are the first country to put it into a law.

I think you are trying to say US, they are planning on Bitcoin Reserve and bringing US close to crypto, if they passed law that introduce Bitcoin as legal tender, it's going to open a very big opportunity for Bitcoin in the US and around the world.

[abaeze]

Bolivia partners with El Salvador to develop crypto adoption.



This is a very good decision, Bolivia is going to partner with El Salvador in crypto development. Bolivia knows that if it follows El Salvador's path, it will definitely be possible to succeed. Hopefully, Bolivia will achieve success in their activities by partnering with El Salvador.

El Salvador has been successful in Bitcoin for a long time, before Bolivia, Pakistan's Bilal bin Shakib contacted El Salvador's President Nayib Bukele, and Pakistan became more proactive in Bitcoin. They became more confident by contacting El Salvador, as a result, El Salvador's President Nayib Bukele is an experienced person in Bitcoin.
That is why governments of different countries and Bitcoin holders have been successful every time they have consulted about Bitcoin. So I think if Bolivia consults about Bitcoin, they will definitely be successful, if you want to gain knowledge about Bitcoin, it is best to contact the government of El Salvador.

Latin America strikes again, and in a good way, truly.

More proper regulations mean more people getting the opportunity to use and expose themselves to BTC and know more about it and the space in general.

Every country will become economically strong through cryptocurrency investment. I think that Crypto investment is very important for the people of a country to be economically prosperous. Cryptocurrency investment is a great way to get money in the future and also to deal with inflation. Therefore, the Central Bank of Bolivia is signing an agreement with the Digital Assets Commission of El Salvador to advance crypto regulatory capabilities technically. I hope that this agreement will help Bolivia advance much further in the future economically. Bolivia currently uses crypto from about $46.5 million to more than $294 million in a year. I hope that this agreement will further develop Bolivia's cryptocurrency technology capabilities in the future.

The amount of Bitcoin that EL Salvador accumulates every day is not just a matter of financial investment but also a rare statement of confidence and sovereignty in the face of IMF warnings and a concerted anti-Bitcoin movement and debt pressures and regulatory threats. El Salvador has not only accepted Bitcoin as a legal currency but has now made Bitcoin a symbol of economic independence. They continue to accumulate Bitcoin daily, what we call Bitcoin DCA, despite various obstacles, conspiracies and pressure from the IMF. They are not just accumulating Bitcoin but creating economic policies for a new generation that are influencing other countries.

[fikrett]

If the bitcoin bill is passed and becomes El Salvador's legal tender, it will be a great progress in the cryptocurrency and bitcoin industry.

Starting from El Salvador, it gradually influences other countries and finally the whole world. This is an important part of social and human development.

There is no any bills to be pass in El Salvador, Bitcoin is a legal tender in El Salvador since 2021. You should check here: https://www.weforum.org/stories/2021/09/bitcoin-legal-tender-el-salvador-economics-finance, they didn't just put it into law, they are the first country to put it into a law.

I think you are trying to say US, they are planning on Bitcoin Reserve and bringing US close to crypto, if they passed law that introduce Bitcoin as legal tender, it's going to open a very big opportunity for Bitcoin in the US and around the world.

Did you see when the post to which you replied was posted? 

[Popkon6]

Source link: https://x.com/stacyherbert/status/1952752954152284374?t=N-Q--sjhiyeGiPfnkRXGNw&s=19

Let's see the good news in advance of 2026 in El Salvador, El Salvador is going to hold a golf game for the second time again. Of course, golf games are held here every year and Bitcoin helps a lot in promoting it, thousands of visitors come here to enjoy this game. It was held for the first time in 2025 and the second time will be held in 2026, this promotion has been published on social media.
So all of you enjoy this beautiful and interesting Golf game and wait for 2026, the time is very close, just be patient.

[avp2306]

Source link: https://x.com/stacyherbert/status/1952752954152284374?t=N-Q--sjhiyeGiPfnkRXGNw&s=19

Let's see the good news in advance of 2026 in El Salvador, El Salvador is going to hold a golf game for the second time again. Of course, golf games are held here every year and Bitcoin helps a lot in promoting it, thousands of visitors come here to enjoy this game. It was held for the first time in 2025 and the second time will be held in 2026, this promotion has been published on social media.
So all of you enjoy this beautiful and interesting Golf game and wait for 2026, the time is very close, just be patient.

They really made a significant increase of visitor and their tourism sector became more alive when they try adapt then make their country known as Bitcoin friendly country.

See this report made by this site and they record huge number of tourist visit in their country https://elsalvadorinfo.net/el-salvador-breaks-tourism-record-with-3-9-million-visitors-in-2024/

Also they made huge profit with this that's why we could see that El Salvador is winning not only with their profit they get from Bitcoin but also with their other sectors since they can attract tourist and more investor to come in their country.

[Dunamisx]

It is amazing that El Salvador is becoming so aware and serious about Bitcoin that the country is taking all the necessary steps to make its people at all levels widely aware and knowledgeable about Bitcoin. The most recent educational program in Lugano, Switzerland, Network B, where a program featuring El Salvador's talented youth, concluded.
An educational program called "What's Money" was organized for primary level students in El Salvador, most likely around the age of seven and a little over, where they were given beautiful decorative books that included Bitcoin. A country where seven-year-old children learn about Bitcoin will be able to make the greatest contribution to Bitcoin in the future generations. And the more future generations learn about Bitcoin, the more they will achieve economic solvency. Considering this aspect, no country in the world can match El Salvador.



https://x.com/bitcoinofficesv/status/1952488342232457471?t=5XmgpM0i4yq1kIk6FwmOmA&s=19

This is not the first of its kind they will be organizing to help the people with bitcoin education, at least if we can go a little bit backward from this thread, we can see as many as possible previous discussions that has been made concerning the program they have continuously made with bitcoin education, which is part of the reason why you can always have them as the first considerable country for bitcoin being the pioneered country with bitcoin adoption.

[nemesis_incarnate]

This is not the first of its kind they will be organizing to help the people with bitcoin education, at least if we can go a little bit backward from this thread, we can see as many as possible previous discussions that has been made concerning the program they have continuously made with bitcoin education, which is part of the reason why you can always have them as the first considerable country for bitcoin being the pioneered country with bitcoin adoption.

Someone utilizes the potential when they see it, some - are too sluggish to act upon it because they disregard it.

El Sal is not one of them

[Popkon6]

Source link: https://x.com/stacyherbert/status/1952752954152284374?t=N-Q--sjhiyeGiPfnkRXGNw&s=19

Let's see the good news in advance of 2026 in El Salvador, El Salvador is going to hold a golf game for the second time again. Of course, golf games are held here every year and Bitcoin helps a lot in promoting it, thousands of visitors come here to enjoy this game. It was held for the first time in 2025 and the second time will be held in 2026, this promotion has been published on social media.
So all of you enjoy this beautiful and interesting Golf game and wait for 2026, the time is very close, just be patient.

They really made a significant increase of visitor and their tourism sector became more alive when they try adapt then make their country known as Bitcoin friendly country.

See this report made by this site and they record huge number of tourist visit in their country https://elsalvadorinfo.net/el-salvador-breaks-tourism-record-with-3-9-million-visitors-in-2024/

Also they made huge profit with this that's why we could see that El Salvador is winning not only with their profit they get from Bitcoin but also with their other sectors since they can attract tourist and more investor to come in their country.

See, this golf game has become so attractive that it has made a lot of efforts to gain the most known profit among the Bitcoin philosophies, not only in the real world but also in social media. Not only inside the country, it will be shown live on Facebook, Twitter X, TV channels, various places and through this, Bitcoin will be promoted, the country's tourism will be promoted and the more people who come to this game, the more they will discuss this game and Bitcoin with each other. The country was a few years ago, starting from teenage gangs, almost everyone was busy with bad deeds and looting and kidnapping. Suddenly, Nayib Bukele has made this country completely transparent, putting all the criminals in jail and making the country more peaceful and attractive for tourists.
Now the number of tourists has increased greatly, as a result, tourists are able to do all kinds of work through this Bitcoin, from collecting all kinds of full-fledged goods, hotel rentals and plane tickets.  The more Bitcoin the country collects, the more it will be able to move towards peace and progress and become economically self-sufficient, which will do El Salvador enough to surprise the whole world.