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

[FinePoine0]

Bitcoin El Salvador historycal Nayib bukele



Details

[1714607825]

1714607825

[cozyman69]

.@nayibbukele recently claimed that El Salvador is now "the safest country in Latin America". I looked into this claim: based on the latest homicide data, there's good reason to believe it's true.

https://twitter.com/NoahCarl90/status/1679922636229361684?t=WkJQp-KPiyCDgsr1YNVS6w&s=19

[Out of mind]

EL SALVADOR 🇸🇻 continues to make history!!

 CUBO+ is the initiative to train experts in #Bitcoin and its development in the Lightning Network ⚡

 The intention is to continue promoting the growth of the country with #BTC
source

[2Pizza410000BTC]

🇸🇻El Salvador Bulk Buying Deal‼️

We will donate a SeedHammer to @MyfirstBitcoin_  in El Salvador🎁❤️

Ppl asked to get their own machine shipped together with our donation - and save on imports and shipping.

Do you want to join this bulk buying deal DM us before end of July🗓️ https://t.co/a7pVM9Ockv



Tweet: https://twitter.com/SeedHammer/status/1680860449179312129?t=RemFtWyCYI-_j8YWW3e5Uw&s=19

[fruktik]

EL SALVADOR 🇸🇻 continues to make history!!

 CUBO+ is the initiative to train experts in #Bitcoin and its development in the Lightning Network ⚡

 The intention is to continue promoting the growth of the country with #BTC
source

        The idea, of course, is great to teach people all the technical and not only aspects related to Bitcoin, but there are those people who may not like it. After all, the states have long opposed the fact that El Salvador has gone its own way of development and does not accept other people's conditions. This is very annoying "managers" from the United States. Why am I doing this? Be very careful with such initiatives. Don't rush things. Let everything take its course.
       I wish you good luck in this endeavor.

[hafiztalha]

🇸🇻 El Salvador international bonds are up 60% this year

"You ain't seen nothing yet 😉" says the #Bitcoin    President


SOURCE

[Bd officer]

He is a Salvadoran surfer, a community leader @Bitcoinbeach and one of the founders of @HopeHousesv. A tireless Bitcoiner, he has inspired and uplifted his entire community.
source

[Apatu Ek Am]

🇸🇻 El Salvador international bonds are up 60% this year

"You ain't seen nothing yet 😉" says the #Bitcoin    President

https://i.ibb.co/NCt0rMF/20230720-015130.jpg
SOURCE

Yes. a happy news from the President of El Salvador. Related to the pro-Bitcoin policy adopted by the Bukele administration. I think, We can consider this as a positive and forward step that has been taken and implemented by the government of El Salvador for positive projections for the country's financial future.

Yes. Everyone can say this and that if it doesn't work. but when it's done it's like drinking a sweet sake. NicePresident.

[delfastTions]

Salvadoran startup launches the region's first crypto Mastercard card


"" "" "Ditobanx allied with the multinational to offer an international financial product that all Salvadorans can access, with special emphasis on those who have been excluded from traditional banking

 With this innovation, Salvadorans can access an account to easily receive and send funds, and a financial product to make purchases in more than 100 million stores around the world.

 "The vision is financial inclusion, to be able to provide tools to Salvadorans so that they can make and receive payments globally, not only in El Salvador, and that they can use their money through a standardized means of payment, such as a MasterCard debit card, which is accepted in 100 million businesses around the world and can be used both in e-commerce and in person," Guillermo Contreras, the company's CEO, explained to "Diario El Salvador."

 One of the big differences of this card with respect to the traditional system is the ease of acquiring it.  According to Contreras, to request it, you only have to download the wallet on IOS or Android, register with an identity document and a phone number, and the plastic will be delivered the next day at home.... "" "" ""

[jossiel]

Salvadoran startup launches the region's first crypto Mastercard card
~snip~

Every time I see a news like this that happens in El Salvador, it's interesting on how this country have been doubted before when they've first announced their adoption of Bitcoin as their legal tender doing well in terms of progress.

And I think that there will be more of these companies and startups to come to them as they've got the same goal and focus with Bitcoin, crypto. I can't wait to see that the majority of these media especially those that focuses on the financial sector cover them at most times and other countries of the same.

[JayJuanGee]

Some news about politics and politicians in El Salvador.

 I hope all of you, dear BTT colleagues, are well aware that the fate of the Bitcoin Legalization Law is almost entirely dependent on politicians in this country, and if someone ever replaces Bukele, the new president may begin to repeal the Bitcoin Law.  Especially if such a leader is completely held in the presidency due to the influence of the USA. 
So on December 1, Bukele and the Vice President of El Salvador terminate the powers of the President and Vice President as they will run for a new 5 year term.  On February 3, 2024, elections of the President and deputies of the National Assembly will be held in El Salvador (60 mandates of deputies instead of 84, as now). 
On June 1, 2024, the newly elected President of El Salvador takes office. 
For the period from December 1, 2023 to June 1, 2024, the functions of the president and vice president will be carried out by those people appointed by Bukele. 
Just now, today, the time has ended when the political parties of El Salvador decided on their candidates for the presidency of the country.  They all consider Bukele's participation in the February 3 elections unconstitutional.  But probably Bukele will participate and probably win this election. 

But in general, pre-election passions are now boiling in El Salvador, and the topic of bitcoin has somehow calmed down a bit in their media for the time being.   

Are you quoting from some other kind of a source delfastTions?  How do you know the above information?  What is your source?

[Franctoshi]

Some news about politics and politicians in El Salvador.

 I hope all of you, dear BTT colleagues, are well aware that the fate of the Bitcoin Legalization Law is almost entirely dependent on politicians in this country, and if someone ever replaces Bukele, the new president may begin to repeal the Bitcoin Law.  Especially if such a leader is completely held in the presidency due to the influence of the USA.  
So on December 1,  Bukele and the Vice President of El Salvador terminate the powers of the President and Vice President as they will run for a new 5-year term.  

Yes, I somehow agree with you, but I doubt that the people of El Salvador and President Bukele having known the kind of effort he has put in place to ensure that El Salvador is enjoying what it is today on the news and will fold his hands and watch someone who will not continue from where he would stop replace him as president without doing his best to institute someone who will continue from the good jobs already in place.

Secondly, with the impact of the adoption of Bitcoin in El Salvador and since it became a legal tender, I don't see any reason why another incoming president would have to alter the progress in place.

[Wiwo]

Some news about politics and politicians in El Salvador.

 I hope all of you, dear BTT colleagues, are well aware that the fate of the Bitcoin Legalization Law is almost entirely dependent on politicians in this country, and if someone ever replaces Bukele, the new president may begin to repeal the Bitcoin Law.  Especially if such a leader is completely held in the presidency due to the influence of the USA. 
So on December 1, Bukele and the Vice President of El Salvador terminate the powers of the President and Vice President as they will run for a new 5 year term.  On February 3, 2024, elections of the President and deputies of the National Assembly will be held in El Salvador (60 mandates of deputies instead of 84, as now). 
On June 1, 2024, the newly elected President of El Salvador takes office. 
For the period from December 1, 2023 to June 1, 2024, the functions of the president and vice president will be carried out by those people appointed by Bukele. 
Just now, today, the time has ended when the political parties of El Salvador decided on their candidates for the presidency of the country.  They all consider Bukele's participation in the February 3 elections unconstitutional.  But probably Bukele will participate and probably win this election. 

But in general, pre-election passions are now boiling in El Salvador, and the topic of bitcoin has somehow calmed down a bit in their media for the time being.   

Are you quoting from some other kind of a source delfastTions?  How do you know the above information?  What is your source?

This is unconfirmed news and following up with the preparation of the El Salvador general election the current president is very much in the race and at that, there is no constitutional backing that eliminate Nyib Bukele from contesting despite being the incumbent president who have the upper hand to win this election since his performance and work will earn him the legitimacy of the people in the forth coming election.

And more also,  since the Bitcoin adoption in El Salvador passed through the parliament before it approval so at that it part of El Salvador constitution to retain bitcoin as a legal tender regardless of who os the president at any point,  and if NYIB got replaced I believe that his predecessor will follow his footsteps into developing and shaping the economy to position it for better opportunities as regards to new developments like Bitcoin to sort financial crisis.

[Bd officer]

One of the countries in the world is El Salvador. The President of El Salvador, Nayib Bukele, is an extraordinary person. The country of El Salvador became known as the first Bitcoin country. El Salvador is the first country to declare Bitcoin as its official currency. They are also using Bitcoin in business. A wholesale supermarket in El Salvador has been spotted paying with Bitcoin. Watch the video on paying with Bitcoin here.

[delfastTions]

Are you quoting from some other kind of a source delfastTions?  How do you know the above information?  What is your source?

This is a summary of articles from the following publications:
El Salvador
Diario El Salvador
La Prensa Grafica

I decided to delete my post about politics in El Salvador and I think I was wrong to post such information in this thread. 
Obviously, the politicians and the people of El Salvador will decide for themselves how to live on and who will be their President.  It is not my business to discuss such matters.  In any case, I have deep respect for Nayib Bukele, for his colossal support by the people of El Salvador, and I wish him to be elected President for a new term.  And continue to work in this post for the benefit of the people of El Salvador. 
And yet - of course, I wish that the Bitcoin Law in El Salvador would work for many, many years, and this law and Bitcoin itself would bring prosperity to the people of this country.!

[348Judah]

The El-Savador's bitcoin adoption thread here have always been insightful and motivating enough, we should ensure that whenever we have something to share here on the thread, it must have been what is confirmed to be true after which we would have also taken some steps in making the verification and we have to provide the necessary links where needed for more information and clarification, it's no more a surprise that we have experienced an increase on El-Savador's bitcoin bond investment as we have also realized this massive development increase with bitcoin since the start of the year when it was more dipper and dumped https://decrypt.co/149335/el-salvadors-bonds-have-skyrocketed-alongside-bitcoin-in-2023?utm_source=thecryptoapp&utm_medium=pushnews

[JayJuanGee]

Are you quoting from some other kind of a source delfastTions?  How do you know the above information?  What is your source?

This is a summary of articles from the following publications:
El Salvador
Diario El Salvador
La Prensa Grafica

I decided to delete my post about politics in El Salvador and I think I was wrong to post such information in this thread. 
Obviously, the politicians and the people of El Salvador will decide for themselves how to live on and who will be their President.  It is not my business to discuss such matters.  In any case, I have deep respect for Nayib Bukele, for his colossal support by the people of El Salvador, and I wish him to be elected President for a new term.  And continue to work in this post for the benefit of the people of El Salvador. 
And yet - of course, I wish that the Bitcoin Law in El Salvador would work for many, many years, and this law and Bitcoin itself would bring prosperity to the people of this country.!

It seems o.k. (and even related to this topic) to bring up some of the politics, especially in relation to how Bukele might be planning to continue to be able to serve as president - especially since he has served so much as the motivator behind El Salvador's pro-bitcoin policy and he seems to be well liked and influential in being able to get the bitcoin friendly policies/plans passed and implemented, so the ideas that you discussed were interesting and you seemed to have had described them in terms of El Salvador's abilities to continue with its bitcoin policies.

The above links seem to be about other topics, so they do not really seem to relate to the points that you were making earlier (about Bukele's plan to step down, to leave others in place and then be able to serve again, if he wins the election).

[delfastTions]

Are you quoting from some other kind of a source delfastTions?  How do you know the above information?  What is your source?

This is a summary of articles from the following publications:
El Salvador
Diario El Salvador
La Prensa Grafica

I decided to delete my post about politics in El Salvador and I think I was wrong to post such information in this thread.  
Obviously, the politicians and the people of El Salvador will decide for themselves how to live on and who will be their President.  It is not my business to discuss such matters.  In any case, I have deep respect for Nayib Bukele, for his colossal support by the people of El Salvador, and I wish him to be elected President for a new term.  And continue to work in this post for the benefit of the people of El Salvador.  
And yet - of course, I wish that the Bitcoin Law in El Salvador would work for many, many years, and this law and Bitcoin itself would bring prosperity to the people of this country.!

It seems o.k. (and even related to this topic) to bring up some of the politics, especially in relation to how Bukele might be planning to continue to be able to serve as president - especially since he has served so much as the motivator behind El Salvador's pro-bitcoin policy and he seems to be well liked and influential in being able to get the bitcoin friendly policies/plans passed and implemented, so the ideas that you discussed were interesting and you seemed to have had described them in terms of El Salvador's abilities to continue with its bitcoin policies.

The above links seem to be about other topics, so they do not really seem to relate to the points that you were making earlier (about Bukele's plan to step down, to leave others in place and then be able to serve again, if he wins the election).

All the same, let's, dear colleagues in our forum, see what events will take place from December 1, 2023 to February 3, 2024 (election day in El Salvador).  
And then in the period after the summing up of the election results ~ February 5 - 6, 2024 until June 1, 2024 (this is the date determined by the country's Constitution for the inauguration of the President of El Salvador, Artículo 154 Constitución de la República).  I think that it will be approximately as I suppose for the simple reason that Nayib Bukele will have to temporarily change his status from the President of the country to the status of a presidential candidate.  Because he is a participant in the elections along with other candidates from other political parties.  
In any case, and with such support from the population of El Salvador (~80-93%), I sincerely wish him victory!

[retreat]

One of the countries in the world is El Salvador. The President of El Salvador, Nayib Bukele, is an extraordinary person. The country of El Salvador became known as the first Bitcoin country. El Salvador is the first country to declare Bitcoin as its official currency. They are also using Bitcoin in business. A wholesale supermarket in El Salvador has been spotted paying with Bitcoin. Watch the video on paying with Bitcoin here.

I am really impressed with Nayib Bukele who saw the potential of Bitcoin and adopted it as legal tender in his country. He really saw how their country that only relied on export products had to diversify their economy and adopting Bitcoin was their first step to advance their economy. The plan was successful and it was proven that the economy and bureaucracy in the country were getting better and the people were getting more prosperous. What El Salvador is doing can be proof to be followed by other small countries that adopting Bitcoin as legal tender in their country is the best decision they can make.

[Inwestour]

It seems o.k. (and even related to this topic) to bring up some of the politics, especially in relation to how Bukele might be planning to continue to be able to serve as president - especially since he has served so much as the motivator behind El Salvador's pro-bitcoin policy and he seems to be well liked and influential in being able to get the bitcoin friendly policies/plans passed and implemented, so the ideas that you discussed were interesting and you seemed to have had described them in terms of El Salvador's abilities to continue with its bitcoin policies.

The above links seem to be about other topics, so they do not really seem to relate to the points that you were making earlier (about Bukele's plan to step down, to leave others in place and then be able to serve again, if he wins the election).

According to social surveys of the population, Bukele has a very significant support of the population, about 80% support Bukele, that is, he has very good chances to remain after the election as president. To be objective, not everyone supports him because of his attitude towards bitcoin, many support him because he managed to reduce crime, improve the situation with tourism, and in general it is clear that he wants to improve the country's economy. I think Bukele has a very good chance of remaining in the presidency after the election.