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Author Topic: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻  (Read 34402 times)
wmaurik
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February 09, 2024, 05:28:41 PM
 #2261

El Salvador recently started a pilot education project in their country

Through this education project, students in El Salvador will learn how to set up, manage and operate Liquidity on Lightning Nodes as well as coding. I think it's amazing to see students learn coding skills and get hands-on experience in setting up, operating, and managing the fluidity of a Lightning node. With these, Bitcoin will probably become more popular in El Salvador and students will get a lot of hands-on experience with Bitcoin.

Their program is expected to roll out to other schools in El Salvador within the next 12 months.

https://twitter.com/bitcoinofficesv/status/1755707538413154752?t=KWwl1Q0sjBWOMcBR2ThPKQ&s=19
Very extraordinary discourse because with it there will definitely be better impacts for Bitcoin and for the country of El Salvador itself over time. Because that is a very good thing and will also bring about a gradual expansion of knowledge from students to society in the future if the program can run smoothly as previously planned. Apart from that, when the students are older and have graduated from school, they can also make a bigger implementation in their own country so that they can make Bitcoin the number one currency there even though those there will still use their own country's currency.

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February 09, 2024, 05:34:00 PM
Last edit: February 10, 2024, 06:19:18 AM by Zlantann
 #2262

El Salvador recently started a pilot education project in their country

Through this education project, students in El Salvador will learn how to set up, manage and operate Liquidity on Lightning Nodes as well as coding. I think it's amazing to see students learn coding skills and get hands-on experience in setting up, operating, and managing the fluidity of a Lightning node. With these, Bitcoin will probably become more popular in El Salvador and students will get a lot of hands-on experience with Bitcoin.

Their program is expected to roll out to other schools in El Salvador within the next 12 months.

This initiative is a welcome development because if well harnessed it could create jobs for these students within and outside El Salvador. Coding skills is highly needed in many online job platforms and this could help these youths gain employment. People will always look shallowly at the impact of the adoption of Bitcoin as a legal tender to make irrational conclusions. They fail to understand that there are other fringe benefits of the adoption of Bitcoin that are beyond the profitability of the country's Bitcoin hodling. The positive impact of the policy by El Salvador might not be visible now but in a few years, many nations might adopt the same policy because of the benefits it has brought to El Salvadorians. I hope the students will take this course seriously because it is indeed a viable path to take.

R


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alankasman
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February 09, 2024, 10:00:38 PM
 #2263

El Salvador recently started a pilot education project in their country

Through this education project, students in El Salvador will learn how to set up, manage and operate Liquidity on Lightning Nodes as well as coding. I think it's amazing to see students learn coding skills and get hands-on experience in setting up, operating, and managing the fluidity of a Lightning node. With these, Bitcoin will probably become more popular in El Salvador and students will get a lot of hands-on experience with Bitcoin.

Their program is expected to roll out to other schools in El Salvador within the next 12 months.
After making an official decision, the El Salvador government provided education through training to citizens regarding the parts included in the decision to become an example that other countries should emulate.
The government not only makes policies, but education as a form of seriousness towards decisions is very rarely carried out by developing countries.

This educational project is proof that they are very serious about organizing the future economy through Bitcoin.
Who has as consistently as El Salvador, I think no one. If there is, it is not certain that the level will be the same as El Salvador.

Honestly, I am really looking forward to the seriousness of the Argentine president who people say is very pro Bitcoin.

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Popkon6
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February 10, 2024, 02:21:44 AM
 #2264

El Salvador recently started a pilot education project in their country

Through this education project, students in El Salvador will learn how to set up, manage and operate Liquidity on Lightning Nodes as well as coding. I think it's amazing to see students learn coding skills and get hands-on experience in setting up, operating, and managing the fluidity of a Lightning node. With these, Bitcoin will probably become more popular in El Salvador and students will get a lot of hands-on experience with Bitcoin.

Their program is expected to roll out to other schools in El Salvador within the next 12 months.

This initiative is a welcome development because if well harnessed it could create jobs for these students within and outside El Salvador. Coding skills a highly needed in many online job platforms and this could help these youths gain employment. People will always look shallowly at the impact of the adoption of Bitcoin as a legal tender to make irrational conclusions. They fail to understand that there are other fringe benefits of the adoption of Bitcoin that are beyond the profitability of the country's Bitcoin hodling. The positive impact of the policy by El Salvador might not be visible now but in a few years, many nations might adopt the same policy because of the benefits it has brought to El Salvadorians. I hope the students will take this course seriously because it is indeed a viable path to take.

Jobs have been created in the country of El Salvador since accepting Bitcoin as legal tender. Because bitcoin mass investors can participate here and participate in any field of work online. So I think about 10% to 15% of basic work is occupied by online work. There are a lot of jobs online including coding, so young people can take part in bitcoin online jobs. Generally investment can be done at home especially from any institution. El Salvador has seen a drop in youth unemployment since Bitcoin was legalized, and many investors have been successful in investing in Bitcoin.

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FinePoine0
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February 10, 2024, 05:05:38 AM
 #2265

The main goal of the country of El Salvador is to use their natural resources to produce volcanic energy and by using this energy they are able to advance their country. Bitcoin Diversified Geographical Distribution as part of El Salvador's unwavering commitment to promote competitive power and establish a global standard for Bitcoin. El Salvador is currently enjoying great success in producing this volcanic energy, and will provide access to this volcanic energy for every citizen in the country. A lot of natural resources are used to generate volcanic energy and many people have created their jobs in it.

Details: https://volcano.energy/el-proyecto/

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February 10, 2024, 06:38:13 AM
Last edit: February 10, 2024, 07:07:08 AM by cryptoWODL
Merited by JayJuanGee (1)
 #2266

~~~

Yes, of course, if a country wants to improve in any particular subject the common people and people of that country should be educated in that subject it is hundred percent true. Perhaps this is why El Salvador has mandated Bitcoin education in their country and instituted its formal education in various schools to improve their Bitcoin education and above all to spread Bitcoin.

One thing we all know is that El Salvador is the first country in the world to accept Bitcoin as legal tender. But Nayib Bukele is the biggest contributor behind the adoption of Bitcoin as legal tender in their country. El Salvador has taken several important programs to popularize Bitcoin in their country which is appreciated by people all over the world.

Recently announced the addition of various topics related to Bitcoin in their country's textbooks and hands-on teaching Bitcoin to students in the curriculum to popularize Bitcoin more strongly in their country so that students in El Salvador learn about Bitcoin in detail from their childhoodcan acquire knowledge. I think their move is very positive for Bitcoin.

El Salvador's Ministry of Education said on September 8, 2023 that it has partnered with (MPB), a non-profit educational institution, to incorporate various Bitcoin-related content into the curriculum of El Salvador's schools in the country. The pilot program they have undertaken will train 150 teachers to teach bitcoin to students in their country, even as the program expands to 75 public schools in El Salvador, they said.
Quote
The news you shared was on September 8th 2023 but since then they have initiated this pilot program and it has been implemented in 2024. Check out some examples of the El Salvador pilot program being implemented.


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February 10, 2024, 08:04:25 AM
 #2267

Jobs have been created in the country of El Salvador since accepting Bitcoin as legal tender. Because bitcoin mass investors can participate here and participate in any field of work online. So I think about 10% to 15% of basic work is occupied by online work. There are a lot of jobs online including coding, so young people can take part in bitcoin online jobs. Generally investment can be done at home especially from any institution. El Salvador has seen a drop in youth unemployment since Bitcoin was legalized, and many investors have been successful in investing in Bitcoin.

Not only with grow up online job after El Savador accepting bitcoin as legal payment transaction but also high traffic of tourism visitor there every years, acceptable bitcoin as payment transaction support all side from transportation, food, bar until hotel make tourism not get problem for converting their cash money to local currency of El Savador.
Bitcoin have large viewed for occupied by online work from coding data, become ambassador until another important thing will make El Savador citizen easily to get online job in the future.
Generally the goals of El Savador acceptable bitcoin as legal payment transaction how to make their citizen economic condition growing up as investment assets until get higher traffic or tourism there.

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February 10, 2024, 09:07:20 AM
 #2268

Jobs have been created in the country of El Salvador since accepting Bitcoin as legal tender. Because bitcoin mass investors can participate here and participate in any field of work online. So I think about 10% to 15% of basic work is occupied by online work. There are a lot of jobs online including coding, so young people can take part in bitcoin online jobs. Generally investment can be done at home especially from any institution. El Salvador has seen a drop in youth unemployment since Bitcoin was legalized, and many investors have been successful in investing in Bitcoin.

Not only with grow up online job after El Savador accepting bitcoin as legal payment transaction but also high traffic of tourism visitor there every years, acceptable bitcoin as payment transaction support all side from transportation, food, bar until hotel make tourism not get problem for converting their cash money to local currency of El Savador.
Bitcoin have large viewed for occupied by online work from coding data, become ambassador until another important thing will make El Savador citizen easily to get online job in the future.
Generally the goals of El Savador acceptable bitcoin as legal payment transaction how to make their citizen economic condition growing up as investment assets until get higher traffic or tourism there.
Imagine how big the market of bitcoin and there's a lot of people willing to invest a lot of money in this coin and there is one country like El Salvador adopting and making this as their legal tender for sure there's a lot of people will get curious to know what's real happening so this really contribute to their tourism since many bitcoin user might go there and check the current happening on the adoption made by El Salvador to bitcoin.

For now we don't see another country follows but for sure in near future we can see some of those country will announce a good news regarding on their adoption of bitcoin especially that ETF is been approve. For now maybe they are in total monitor on how they can take advantage on situation so let see in future on which country will be in spotlight since once they announce this good news for sure their country will get a lot of exposure globally since many will talk about their current good move made on cryptocurrency scene.

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February 10, 2024, 01:03:21 PM
Merited by Ricardo11 (2)
 #2269

Jobs have been created in the country of El Salvador since accepting Bitcoin as legal tender. Because bitcoin mass investors can participate here and participate in any field of work online. So I think about 10% to 15% of basic work is occupied by online work. There are a lot of jobs online including coding, so young people can take part in bitcoin online jobs. Generally investment can be done at home especially from any institution. El Salvador has seen a drop in youth unemployment since Bitcoin was legalized, and many investors have been successful in investing in Bitcoin.

Generally the goals of El Savador acceptable bitcoin as legal payment transaction how to make their citizen economic condition growing up as investment assets until get higher traffic or tourism there.
El Salvador is a country that has given Bitcoin legal tender to receive the benefits that Bitcoin provides. El Salvador has already taken a number of steps to get the most out of Bitcoin. I can unequivocally say that Bitcoin is their way out. Currently, people in every country in the world do not know what is financial freedom. No financial transaction is possible without a third party or intermediary. But Bitcoin is just one way through which this trend is changing.

El Salvador is a country where 70 percent of people do not have a bank account. A country that depends on remittances. But when President Nayib Bukele realises that if they can implement Bitcoin, a large part of their remittances can be added to the country's treasury. It is with the aim of realising that goal that such a great journey of El Salvador has begun. They are taking all kinds of steps to fully adopt Bitcoin which can be a milestone for the development of their country in the future.

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February 10, 2024, 01:22:38 PM
 #2270

The main goal of the country of El Salvador is to use their natural resources to produce volcanic energy and by using this energy they are able to advance their country. Bitcoin Diversified Geographical Distribution as part of El Salvador's unwavering commitment to promote competitive power and establish a global standard for Bitcoin. El Salvador is currently enjoying great success in producing this volcanic energy, and will provide access to this volcanic energy for every citizen in the country. A lot of natural resources are used to generate volcanic energy and many people have created their jobs in it.

There's opportunity in making discovery, this will help towards achieving the remarkable success at its best in whatever we do, the use of the volcanic energy to help increase the efficiency of the bitcoin energy demand for mining purpose will always make its own contributions in seeing that bitcoin is never limited to using only a single entity for it energy dependencies and am sure this is part of the reasons that have led to the development of this renewable energy source on bitcoin mining.

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February 11, 2024, 05:14:19 PM
Merited by JayJuanGee (1)
 #2271


Quote
The news you shared was on September 8th 2023 but since then they have initiated this pilot program and it has been implemented in 2024.
See, they revealed their plans for this pilot project last year. They said that after initially train a few teachers about Bitcoin, they will gradually start teaching about Bitcoin in their educational institutions. By 2024, we are seeing its implementation. The plan was already in place even though the implementation is ongoing and we get that evidence which are shared by your image. They will need the whole year 2024 to put Bitcoin in the curriculum and to teach Bitcoin fully in educational institutions. But anyway, El Salvador is a country whatever they want to say also try to implement that. They will keep a close eye on Bitcoin until their journey is successful. When one is fond of Bitcoin from the student stage and gets the idea about Bitcoin then the country will definitely be at the forefront of Bitcoin. El Salvador is the first country to legalize Bitcoin and could become a big holder of Bitcoin in the future.

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February 13, 2024, 03:21:06 PM
Last edit: February 13, 2024, 03:31:14 PM by cryptoWODL
Merited by JayJuanGee (1)
 #2272

They will need the whole year 2024 to put Bitcoin in the curriculum and to teach Bitcoin fully in educational institutions. But anyway, El Salvador is a country whatever they want to say also try to implement that. They will keep a close eye on Bitcoin until their journey is successful.

Check out the various programs El Salvador has adopted to make their Bitcoin journey a success.

El Salvador Launches Pioneering Technical Bitcoin Education Program

Image

We also discussed in a previous post that a new Bitcoin-related project has started in El Salvador. The program, taken in El Salvador, aims to make Salvadoran users more sovereign and technologically savvy when creating Bitcoin, called Node Nation, which is initiated by the Bitcoin Office. This government agency has even launched a technical education program to support Bitcoin adoption in Central American countries and further increase Bitcoin adoption.

The Node Nation project started in the educational complex of Salvador and they emphasize technical education to make Bitcoin more popular and adopted in El Salvador. The program they are undertaking is for 15- to 17-year-old high school students that will be implemented as weekly lessons in five public schools in El Salvador. If their program is implemented, its Salvadoran students will be able to gain extensive knowledge in Bitcoin education from an early age.

https://twitter.com/bitcoinofficesv/status/1757149135604416592?t=U3PYqDoZ191-ceybGMYCHQ&s=19

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February 14, 2024, 03:09:35 PM
 #2273

The node nation project in El Salvador to be a proactive initiative aimed at fostering technical education and promoting the adoption of BTC among young students. By implementing weekly lessons on bitcoin education in five public schools the program providing them with valuable insights into cryptocurrency from an early age.

This approach has several potential benefits by introducing students to BTC at a young age potentially sparking interest and curiosity in this rapidly evolving field.Technical education in the context of its not only increases understanding of the cryptocurrency which can be valuable in an increasingly digital world.Providing practical knowledge about BTC can empower students to make informed decisions regarding financial matters investments for future career paths in fields.

In El Salvador aligning with the government efforts to integrate BTC into the country economy and financial systems.

El Salvador is a country that is quite consistent with the plans they have made previously so that the government will never stop continuing to provide special empowerment regarding Bitcoin to all students there. Because the government of El Salvador already knows enough that this will be very useful for everyone, especially for young people such as students at school so that they can make their own decisions when they know about Bitcoin from an early age.

And besides that it can provide a very good approach for students at school, it can also provide more understanding for the parents of these students in the community. Because they themselves will also think that Bitcoin is a very good thing for everyone to learn because it is already in school learning. And that will indeed be a good effect that will be very widespread for Bitcoin and also for El Salvador which has been so consistent in implementing it all this time

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February 15, 2024, 02:11:45 AM
Merited by Hallroom (3)
 #2274

Last Friday The @Bitcoinbeach team visited Centro Escolar Buenos Aires in Tamanique, fifty students received the #ABC of #Bitcoin       and learned how to transact with each other.
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Bitcoin is making a better future for our teenagers! #Bitcoin  


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February 15, 2024, 09:47:56 AM
 #2275

The Node Nation project started in the educational complex of Salvador and they emphasize technical education to make Bitcoin more popular and adopted in El Salvador. The program they are undertaking is for 15- to 17-year-old high school students that will be implemented as weekly lessons in five public schools in El Salvador. If their program is implemented, its Salvadoran students will be able to gain extensive knowledge in Bitcoin education from an early age.

https://twitter.com/bitcoinofficesv/status/1757149135604416592?t=U3PYqDoZ191-ceybGMYCHQ&s=19
The present curriculum content in most schools is obsolete and needs to be upgraded to meet global standards. Many graduates are unemployable because they didn't acquire the right knowledge in school. But the introduction of Bitcoin in El Salvador has given the country the uncommon privilege of integrating highly needed technical skills into the learning experiences of students. Many of these students will graduate to become well grounded in technical knowledge which will make them self-employed or gainfully employed.    

Last Friday The @Bitcoinbeach team visited Centro Escolar Buenos Aires in Tamanique, fifty students received the #ABC of #Bitcoin       and learned how to transact with each other.
Details
Bitcoin is making a better future for our teenagers! #Bitcoin  
I saw the pictures of the class held by Bitcoinbeach team with students and I think they should consider coming with a screen or a PowerPoint presentation to enhance the teaching/learning experience. I assume that the children would enjoy a more lively and entertaining class.  

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February 15, 2024, 03:02:05 PM
 #2276

The education system of the students in the country of El Salvador is the best as the new generation has been donating lessons about Bitcoin. And teaching hands-on how to trade, with this kind of education method, the rate of Bitcoin education in the country is increasing day by day. 10% to 20% of the total population of the country of El Salvador is connected to Bitcoin and ready to transact. As Naib Bukele, the government of El Salvador, he uses many and all techniques to educate the people of his country about Bitcoin. What I like the most is the way schools teach Bitcoin.

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February 15, 2024, 04:57:41 PM
 #2277

The education system of the students in the country of El Salvador is the best as the new generation has been donating lessons about Bitcoin. And teaching hands-on how to trade, with this kind of education method, the rate of Bitcoin education in the country is increasing day by day. 10% to 20% of the total population of the country of El Salvador is connected to Bitcoin and ready to transact. As Naib Bukele, the government of El Salvador, he uses many and all techniques to educate the people of his country about Bitcoin. What I like the most is the way schools teach Bitcoin.

It does not have to be the worlds best less to make it more of a thing of competition, we need to under the fact that this is the way that el-salvador wanted to adopt in giving back to its community with free education starting with bitcoin, i believe many countries were already learning something good from this by now, where you discover that in some situations, even the government schools were not free in rendering education, but el-salvador has made this a trail for others to emulate and learn to give freely, particularly on the younger generations.

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Easteregg69
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February 15, 2024, 05:00:44 PM
 #2278

I get my beer. Should I skip on El Salvador and get a crypto debit card? I mean. It is another country. And I am here.

PS. I would never skip on El Salvador. Thinking about it.

Throw some "shit" and see what sticks.
JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"


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February 15, 2024, 07:07:06 PM
 #2279

I get my beer. Should I skip on El Salvador and get a crypto debit card? I mean. It is another country. And I am here.

PS. I would never skip on El Salvador. Thinking about it.

What is "crypto" and how does it relate to the topic of this thread?

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
cryptoWODL
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February 16, 2024, 05:03:52 AM
Merited by Fuso.hp (2), JayJuanGee (1)
 #2280

Many of these students will graduate to become well grounded in technical knowledge which will make them self-employed or gainfully employed.    
El Salvador has already launched several important programs to equip students with technical education about Bitcoin so that students in El Salvador can acquire technical education about Bitcoin. One of them is Node Nation, an educational program launched in El Salvador about the importance of Bitcoin education in various schools in El Salvador.

Through this Node Nation program, public school students in El Salvador will be taught how to code and configure and manage liquidity on a node on the Bitcoin Lightning network.

Quote
I saw the pictures of the class held by Bitcoinbeach team with students and I think they should consider coming with a screen or a PowerPoint presentation to enhance the teaching/learning experience. I assume that the children would enjoy a more lively and entertaining class.  

In a video by X (Twitter) see how students in El Salvador are being taught Bitcoin in a technical and in-depth way about Bitcoin in schools.

As seen in the video, the school students in El Salvador are all very well and enthusiastically learning the intricacies of running nodes and mining bitcoins by hand. Maybe soon the students of El Salvador will be learning about Bitcoin themselves as evidenced by this video.


X (Twitter)

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