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

[Fivestar4everMVP]

What I am mostly interested in is if those countries actually adopt Bitcoin beyond just an investment because majority of them will just attract investors and no real life projects that are Bitcoin oriented in that country, this is what have caught my attention in the recent time, just like Bitcoin ETF and the rest of countries their ll aimed at gaining from Bitcoin and not creating an enebling environment for Bitcoin scalability just as we have always preached, if things continue like this then countries will definitely control Bitcoin tomorrow.

What is said is the truth, it is one thing to adopt bitcoin for investment purposes only, and it is another thing to adopt bitcoin not only as something or asset to invest in, but also create utility for it in the country.

The price of Bitcoin can not grow in the long term without the asset being in constant demand which should outweigh or be more than the supply, and the only way to make bitcoin to always be in constant demand is to create utility for it, countries where it's government is adopting bitcoin must build an enabling environment that is bitcoin friendly, allowing bitcoin to strive, in a way the citizens of that country are free to buy/invest, sell/spend bitcoin even on utility bills, pay schools, tuition fees, take public transport, receive salaries, contribute to their pension etc with bitcoin, that is bitcoin should be made a viable alternative to be used in paying or serving any of this things I mentioned plus more I missed, this is how to really keep bitcoin in constant demand, and guarantee steady stability and potential growth of the price from time to time.

[BTC_pokaop]

When President Bukele was elected, he kicked out Soros, the Cartels and impeached the corrupt Judiciaries and began working for his people.
Today, El Salvador is one of the safest Countries in the World. He was the first president that adopted Crypto / Bitcoin and now have partner with Coreum team to tokenize assets in his country and our world needs more like him Best believe!X

In fact, everyone will praise the President of El Salvador, Nayib Bukele. He thinks in all aspects for the benefit of the people, after he became the president, he made the country free from corruption, besides, he was the first country in the world to declare Bitcoin as legal tender, currently El Salvador has made many progress in economic terms, tourists from different countries of the world come to their country. So different countries of the world need presidents like him, who will take positive decisions for the benefit of the people. There are still some countries, who see Bitcoin as a scam, so they should follow Nayib Bukele, the presidents of other countries should see how Nayib Bukele runs the state.

[SPIDERMAN008]

EL SALVADOR STRATEGIC BITCOIN RESERVE HITS NEW ALL TIME USD HIGH
BTC balance: 6,338.18 BTC
Balance in USD: $773,999,878

https://x.com/bitcoinofficesv/status/1974142761248174275


https://bitcointreasuries.net/governments/el-salvador
El Salvador's increase in holdings despite the increase in Bitcoin prices suggests that they are moving forward with the goal of making the strategic reserve long-term.  Another noteworthy thing is that their Bitcoin holdings were almost the same in 2022,2023, even though the price dropped significantly, El Salvador did not sell any Bitcoin. At that time, many countries considered Bitcoin too risky and stayed away, but El Salvador held it regularly and as a result, their bitcoin reserve reach all time USD high.

[Dimitri94]

Only after making Bitcoin a legal currency, the country of El Salvador has become an example for big countries around the world. Even before 2021, no one had a dream of visiting or traveling there even if they heard the name of the country, but now the country has come to everyone's attention in the light of Bitcoin. The country now has a huge potential for tourism, tech and various economic opportunities. Earlier, there was violence in the country, but the right decision of Nayib Bukele has now created a platform for the country to be the top in the world. The country is experiencing tremendous progress in all types of business and commerce and also development of tech infrastructure. No one ever expected that everything would change so quickly.

[Phoenix Anka]

Only after making Bitcoin a legal currency, the country of El Salvador has become an example for big countries around the world. Even before 2021, no one had a dream of visiting or traveling there even if they heard the name of the country, but now the country has come to everyone's attention in the light of Bitcoin. The country now has a huge potential for tourism, tech and various economic opportunities. Earlier, there was violence in the country, but the right decision of Nayib Bukele has now created a platform for the country to be the top in the world. The country is experiencing tremendous progress in all types of business and commerce and also development of tech infrastructure. No one ever expected that everything would change so quickly.

Nayib Bukele has been persistent in his decision to adopt Bitcoin. He didn't just declare it a legal tender and sit back. He gradually integrated all technology and financial resources into Bitcoin. Today, Bitcoin is a crucial asset for the public. And Bukele should be proud of himself for achieving this early. They've been using the US dollar as legal tender since 2001. We see that he continues to make strategic moves. We can say that Bukele is implementing sound policies across the country.

[arwin100]

Only after making Bitcoin a legal currency, the country of El Salvador has become an example for big countries around the world. Even before 2021, no one had a dream of visiting or traveling there even if they heard the name of the country, but now the country has come to everyone's attention in the light of Bitcoin. The country now has a huge potential for tourism, tech and various economic opportunities. Earlier, there was violence in the country, but the right decision of Nayib Bukele has now created a platform for the country to be the top in the world. The country is experiencing tremendous progress in all types of business and commerce and also development of tech infrastructure. No one ever expected that everything would change so quickly.

Nayib Bukele has been persistent in his decision to adopt Bitcoin. He didn't just declare it a legal tender and sit back. He gradually integrated all technology and financial resources into Bitcoin. Today, Bitcoin is a crucial asset for the public. And Bukele should be proud of himself for achieving this early. They've been using the US dollar as legal tender since 2001. We see that he continues to make strategic moves. We can say that Bukele is implementing sound policies across the country.

With span of 6 years on his administration he already made lots of great changes in their country.

He slash the crime rate happening in their country and those changes became notable since they are been compared on the status of Canada.

Also he is the first President in Latin America that make Bitcoin a legal tender which is one of the greatest move he ever made especially that they are earning huge not only with profits but also for the recognition and great investors confidence returns since many are eying to invest in their country now.

There's provably lot of great things will happen under Bukele's lead since he is really a great visionary leader.

[348Judah]

If i had an option to travel for a tour, El-Salvador will be my most preferred destination before considering the Maldives, because am into bitcoin and will be so excited to be placed with diverse opportunities that will explore me towards how relevant it uses could be in our daily use and the commercial activities, being a payment medium and an alternative digital currency, see how life is out there surviving with the influence of bitcoin and making the necessary financial economy difference, all we have been hearing about them is not as good as being a witness to them all, which is part of my reason to wish being there one day to see for myself another enabling environment for the use of bitcoin.

[laspol65]

If i had an option to travel for a tour, El-Salvador will be my most preferred destination before considering the Maldives, because am into bitcoin and will be so excited to be placed with diverse opportunities that will explore me towards how relevant it uses could be in our daily use and the commercial activities, being a payment medium and an alternative digital currency, see how life is out there surviving with the influence of bitcoin and making the necessary financial economy difference, all we have been hearing about them is not as good as being a witness to them all, which is part of my reason to wish being there one day to see for myself another enabling environment for the use of bitcoin.

Good idea
Only the lucky ones among Bitcoiners can create the opportunity to travel to El Salvador. Because I was able to create the opportunity to hold Bitcoin but I did not see the real picture of how much it changes and affects daily life. If I could reach El Salvador, at any cost, whether it is for travel or for work, then all kinds of systems for using Bitcoin would be seen. Every Bitcoin holder must then be the first choice to go to El Salvador.

[HistoLock]

The President of El Salvador has taken almost all kinds of plans regarding Bitcoin. We have already seen Bitcoin activities being implemented in many cases. First of all, we should praise the decisions this President has implemented regarding Bitcoin so far because it was a big challenge for him and in this decision, first of all, he was not supported by the government of his country or he did not get such support from the people, besides, the media of his country criticized his decision, but still he did not stop there but he moved forward with his decision. Although most of the people of the country are now praising his decision. Due to such a decision of the President of this country, the number of tourists in this country has increased relatively. Many news reports show that several Bitcoin offices have been built in this country where employees are being trained. Maybe in a few years, El Salvador will become a completely Bitcoin-dependent country.

Of course, El Salvador's President Nayib Bukele should be praised, because he made the right decision. His decision will make El Salvador a lot better economically in the future. And I saw in the news that children are being educated about Bitcoin in schools, which students will gain knowledge about Bitcoin and when they step into their careers in the future, they will invest in Bitcoin from the beginning, which will make their future economically brighter. So we can say that all the countries that are still opposed to Bitcoin should follow El Salvador.

If you want to develop a country economically, they must have a good plan, like the President of El Salvador, Nayib Bukele, because he has made the right decisions that will strengthen his country economically. Yes, this is a very commendable program and he should be given high status for this because they are teaching children Bitcoin from a young age through schools that are not offered anywhere else. But this will definitely make them gain knowledge about Bitcoin from a young age and in the future they will do better than other children and they will be so knowledgeable that they will always pay attention to investments and their investments in Bitcoin will be the highest. Such a plan will make their country more developed, if we can teach our children like this, then our children will gain knowledge about Bitcoin and invest.

[CageMabok]

...

Good idea
Only the lucky ones among Bitcoiners can create the opportunity to travel to El Salvador. Because I was able to create the opportunity to hold Bitcoin but I did not see the real picture of how much it changes and affects daily life. If I could reach El Salvador, at any cost, whether it is for travel or for work, then all kinds of systems for using Bitcoin would be seen. Every Bitcoin holder must then be the first choice to go to El Salvador.

This is because El Salvador already accepts Bitcoin as legal tender, although people there can still use their own fiat currency, just like in other countries. So, the benefits of owning and holding Bitcoin there are immediately felt, even though we have the benefits of holding Bitcoin in our own country, but not as significant as in El Salvador. I can understand the differences between Bitcoin holders in El Salvador and those in other countries, so I hope that leaders in other countries can also create regulations similar to those in El Salvador, even though not everyone will be willing to exchange their Bitcoin on a daily basis. Because for people who already like to hold, they even prefer to buy rather than sell what they already have to enjoy great benefits through their own lives.

[Dimitri94]

While the world's major countries were panicking about Bitcoin, El Salvador took a bold step. It adopted Bitcoin as the country's legal currency. Although the move created many obstacles at the time, today El Salvadorans can now boast to the world that their country is the only country that has recognized Bitcoin as a legal currency. El Salvador is now dreaming big. Like developed countries, they are now able to dream big. The country will now improve in all areas, including technological and financial prosperity.

[laspol65]

Regresamos con las Micro-clases de Bitcoin. El tema de hoy sera Los Bancos Bitcoin que vienen a El Salvador.
¿Que es un Banco Bitcoin?
¿Que servicios ofrecen?
Pros y Contras
Los esperamos a las 5pm en vivo por X y en la tienda en
Playa El Zonte




Bitcoin Micro Classes are back in El Salvador, and today's topic is to talk about banks where Bitcoin banking services in El Salvador can provide benefits. Here, all the benefits and disadvantages of banking will be highlighted to the public, you must stay tuned and choose the benefits, this is how El Salvador is reaching the peak of development. Get on the Bitcoin train in El Salvador.

[Lidger]

Only after making Bitcoin a legal currency, the country of El Salvador has become an example for big countries around the world. Even before 2021, no one had a dream of visiting or traveling there even if they heard the name of the country, but now the country has come to everyone's attention in the light of Bitcoin. The country now has a huge potential for tourism, tech and various economic opportunities. Earlier, there was violence in the country, but the right decision of Nayib Bukele has now created a platform for the country to be the top in the world. The country is experiencing tremendous progress in all types of business and commerce and also development of tech infrastructure. No one ever expected that everything would change so quickly.

If El Salvador had not approved Bitcoin in their country, we would not have discussed this country and people would not have been so interested in this country. There are many countries in the world that we do not know about, but if those countries do something or make a decision that makes people in other countries of the world want to know more about that country. El Salvador is now a good example for many countries, they have legalized the use of Bitcoin in their country along with the US dollar. Although this decision was difficult for a president at first, he gradually gained the support of the people and his decision has been discussed a lot in the outside world. Now many tourists are traveling to their country and tourists are enjoying various purchases or other activities through Bitcoin.

[cocadalcan]

https://x.com/nayibbukele/status/1974682631859261541

El Salvador President Nayib Bukele's Bitcoin portfolio shows that his holdings have gained 158.17% up to date. This could be a great example for investors of how to grow their Bitcoin accumulation. He has been accumulating Bitcoin since 2021, which is just four years since his holdings grew. That means unrealized profit $475 million.

[moneystery]

In fact, El Salvador never had a direct ban from the IMF on Bitcoin purchases. The IMF issued statements that El Salvador would no longer buy Bitcoin, but apparently this wasn't coordinated with Bukele, because we see El Salvador continuing to buy. Perhaps not every day, and with some interruptions, but overall judging by the volume, it appears they're continuing to roughly adhere to their Bitcoin purchasing strategy. I'm not sure about recognition from other countries, but I agree that El Salvador could reap significant benefits from this investment in the future if Bitcoin becomes very expensive.

El Salvador outsmarts the IMF in this case because the IMF report says that El Salvador is not buying Bitcoin anymore, but from their wallet address displayed by Arkham: https://intel.arkm.com/explorer/entity/el-salvador on the contrary, El Salvador is consistently increasing their Bitcoin holdings every day, and the IMF is confused about this.

This demonstrates Bukele's astuteness in handling organizations like the IMF, as they can do nothing to him. Even though El Salvador receives loans from the IMF, they treat it as a normal partnership, not the IMF controlling and dictating how El Salvador runs its own economy.

[Lembo69]

JUST IN: 🇸🇻 President Nayib Bukele posts El Salvador's Bitcoin reserve, showing $475 million unrealized profit.

https://x.com/WatcherGuru/status/1974688958601957845?t=Dg5coszoHXKaWZ6-ba1wAw&s=19

[Just Common]

El Salvador Set to Launch the World’s First Bitcoin Banks, Blending Fiat and Crypto.



El Salvador will make financial history once again as it prepares to open the world’s first two Bitcoin banks before the end of 2025, according to Ambassador Milena Mayorga. The announcement was made during BitcoinDC, where she highlighted the country’s continued leadership in financial innovation.

Ambassador Mayorga confirmed that both institutions will operate using fiat currency and Bitcoin, reinforcing El Salvador’s commitment to integrating traditional and digital economies. This initiative builds on the nation’s pioneering role as the first country in the world to adopt Bitcoin as legal tender in 2021, under the leadership of President Nayib Bukele.
The upcoming Bitcoin banks aim to expand access to financial services, promote transparency, and attract global investors interested in blockchain-based financial systems.
El Salvador’s ongoing transformation has positioned it as a global reference point for cryptocurrency adoption, fostering dialogue on the future of finance, regulation, and digital sovereignty.


https://elsalvadorinenglish.com/2025/10/06/el-salvador-set-to-launch-the-worlds-first-bitcoin-banks-blending-fiat-and-crypto/

[Rabata]

Thanks to the efforts of Nayib Bukele


The government of El Salvador has now created a Bitcoin office where El Salvadorans will get various benefits including El Salvador's Bitcoin Reserve, Mining Dashboard, Block Explorer. The government has created a site for the country to keep everything related to Bitcoin open to the general public. As a result, transparency will be revealed in everything related to Bitcoin in the country.

El Salvador passed a new law this year that would launce Bitcoin Bank after obtaining a permit. Banks will be able to start using it after receiving a registration license and Bitcoin will be added in the balance sheet in addition to the dollar fiat currency. Another notable plan of the country is that they are working to establish a global central bank where everything, including loans and savings, will be done through Bitcoin. If such an initiative is implemented, it will definitely create a stir worldwide.

Bitcoin Office

[avp2306]

In fact, El Salvador never had a direct ban from the IMF on Bitcoin purchases. The IMF issued statements that El Salvador would no longer buy Bitcoin, but apparently this wasn't coordinated with Bukele, because we see El Salvador continuing to buy. Perhaps not every day, and with some interruptions, but overall judging by the volume, it appears they're continuing to roughly adhere to their Bitcoin purchasing strategy. I'm not sure about recognition from other countries, but I agree that El Salvador could reap significant benefits from this investment in the future if Bitcoin becomes very expensive.

El Salvador outsmarts the IMF in this case because the IMF report says that El Salvador is not buying Bitcoin anymore, but from their wallet address displayed by Arkham: https://intel.arkm.com/explorer/entity/el-salvador on the contrary, El Salvador is consistently increasing their Bitcoin holdings every day, and the IMF is confused about this.

This demonstrates Bukele's astuteness in handling organizations like the IMF, as they can do nothing to him. Even though El Salvador receives loans from the IMF, they treat it as a normal partnership, not the IMF controlling and dictating how El Salvador runs its own economy.

I think they are not out smarting IMF with those things they do but rather they are navigating edges of compliance. Maybe they can show up to this institutions that somehow Bitcoin investment is reliable option to adopt by countries.

Maybe for now IMF still skeptical but maybe if El Salvador succeed this institutions won't not bother other countries decision if they are going to invest on Bitcoin.

El Salvador totally maneuver the situation and it works well to them then this is the reason on why IMF stop their criticism against them.

[john_egbert]

I think they are not out smarting IMF with those things they do but rather they are navigating edges of compliance. Maybe they can show up to this institutions that somehow Bitcoin investment is reliable option to adopt by countries.

Maybe for now IMF still skeptical but maybe if El Salvador succeed this institutions won't not bother other countries decision if they are going to invest on Bitcoin.

El Salvador totally maneuver the situation and it works well to them then this is the reason on why IMF stop their criticism against them.

Yeah, I too think that way.

IMF will be with them whether they want it or not, so it's best to try to come to an agreement rather than "going off" the chase

Sometimes, we need to make some steps back before making a huge leap forward.