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Author Topic: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻  (Read 57102 times)
OcTradism
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February 11, 2025, 05:48:21 AM
Merited by JayJuanGee (1)
 #2901

El Salvador Buys 1 BTC Each Day
https://www.bitcoinsensus.com/news/el-salvador-buys-1-btc-each-day/

El Salvador continues his daily purchases
They have been buying 1 BTC every day
El Salvador holdings are 6,074.18 BTC now
If you don't know, you can check El Salvador portfolio in Bitcoin with an interesting website.
https://nayibtracker.com/

Or this page from Arkham Intel.
https://intel.arkm.com/explorer/entity/el-salvador

It also has a page for Strategy (rebranded from MicroStrategy) Bitcoin portfolio.
https://saylortracker.com/

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February 11, 2025, 07:31:47 AM
Last edit: February 22, 2025, 01:10:34 PM by Soft Crem
Merited by laspol65 (2)
 #2902

Another day, another whole bitcoin added to our strategic reserve.

And this is how El Salvador keeps winning.
🇸🇻🏆🚀
https://x.com/bitcoinofficesv/status/1889011175288983817?t=R_kwKDwvRErh8vJRNm2YMQ&s=19



El Salvador continúa con sus compras diarias,
  Están comprando 1 BTC por día. El Salvador ha estado acumulando sistemáticamente sus reservas de Bitcoin, con una cuidadosa compra diaria de 1 BTC la semana pasada.  Así avanza El Salvador.
hero_the_bossman
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February 11, 2025, 07:35:32 AM
 #2903

El Salvador Buys 1 BTC Each Day
https://www.bitcoinsensus.com/news/el-salvador-buys-1-btc-each-day/

El Salvador continues his daily purchases
They have been buying 1 BTC every day
El Salvador holdings are 6,074.18 BTC now
If you don't know, you can check El Salvador portfolio in Bitcoin with an interesting website.
https://nayibtracker.com/

Or this page from Arkham Intel.
https://intel.arkm.com/explorer/entity/el-salvador

It also has a page for Strategy (rebranded from MicroStrategy) Bitcoin portfolio.
https://saylortracker.com/

Thanks for the useful links.
Heard lots about Arkham, but didn't dig too deep into the bushes yet.

cryptoWODL
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February 11, 2025, 08:09:28 AM
Last edit: February 11, 2025, 08:28:59 AM by cryptoWODL
 #2904

El Salvador Buys 1 BTC Each Day
https://www.bitcoinsensus.com/news/el-salvador-buys-1-btc-each-day/

El Salvador continues his daily purchases
They have been buying 1 BTC every day
El Salvador holdings are 6,074.18 BTC now
El Salvador continues to systematically accumulate its Bitcoin reserve, making careful daily purchases of 1 BTC over the last week. Within last week alone,they were able to buy 11BTC once at $11119.9k ,but now it's at the range of $96k to 97k for 1 BTC per day.
El Salvador is buying Bitcoin every day, maybe this is not new news, they are currently buying Bitcoin according to the steps they took. I think this was their strategy for buying Bitcoin. Moreover El Salvador decided to cancel Bitcoin's legal status, the interesting thing is that they are still regularly purchasing Bitcoin.

If you still have doubts about this, check out Naiyb Bukele's tweet and check their Bitcoin portfolio, which clearly states that they have been buying Bitcoin regularly.
https://nayibtracker.com/

Luzin
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February 12, 2025, 03:30:00 AM
 #2905

This is what European leaders need to have since if they have good vision for modern financing changes for sure they would never doubt on Bitcoin.

El Salvador has already started and he understands the risk to the country's finances is quite severe. We understand that the fear of the state is a value that is always fluctuating and unstable. This condition, if the State does not have a good financial condition, seems to be a weapon to destroy its own country. The main problem is this. So I would also think hard if it was related to the lives of many people in one country. Making financial assets is very good, but El Salvador exceeded my expectations. But so far I'm quite happy with the current condition.
Soft Crem
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February 12, 2025, 06:03:10 PM
 #2906

This is what European leaders need to have since if they have good vision for modern financing changes for sure they would never doubt on Bitcoin.

El Salvador has already started and he understands the risk to the country's finances is quite severe. We understand that the fear of the state is a value that is always fluctuating and unstable. This condition, if the State does not have a good financial condition, seems to be a weapon to destroy its own country. The main problem is this. So I would also think hard if it was related to the lives of many people in one country. Making financial assets is very good, but El Salvador exceeded my expectations. But so far I'm quite happy with the current condition.

If El Salvador continues to engage with Bitcoin as it has, El Salvador's economy will continue to improve.  As Europeans adopt Bitcoin and upgrade their operations, Bitcoin will benefit, and if El Salvador can survive this path, good things can be expected.
fredericktaylor
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February 13, 2025, 03:12:28 PM
 #2907

El Salvador. LO ONU DESTACA LOGROS EN TURISMO Y SEGURIDAD.The director of UN Tourism says that the country is an example of Latin America being a prosperous and peaceful region.


https://x.com/DocumentingBTC/status/1885767762095624641?t=rd7QBraNT3u4PIf_WrKgJw&s=19


An international Bitcoin conference called Plan B Forum held in El Salvador has been detailed. plan B Forum is an international conference, where Bitcoin and digital currencies are discussed. It aims to educate and spread investment knowledge and discuss the future of Bitcoin.

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February 13, 2025, 03:20:48 PM
 #2908

I think the government of El Salvador is made up of smart people, and they are slowly but surely heading toward a bright future. A minimum of 1 BTC per day, starting from 2021! This country became the first to officially make BTC a legal tender, setting an example for everyone else. There may be some risks involved, but I believe this was a great move. Well done!
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February 13, 2025, 03:27:00 PM
 #2909

I think the government of El Salvador is made up of smart people, and they are slowly but surely heading toward a bright future. A minimum of 1 BTC per day, starting from 2021! This country became the first to officially make BTC a legal tender, setting an example for everyone else. There may be some risks involved, but I believe this was a great move. Well done!
El Salvador, The first country to allow the legalization of Bitcoin and, in addition to declaring it legal currency, introduced the process of exchanging daily necessities for Bitcoin. It was the first country to provide training on Bitcoin at the school and college level and to introduce a system of education about Bitcoin alongside normal academic education. The president of El Salvador's slogan is that his country will buy one bitcoin every day, so their number of bitcoins has reached 6,074, and a new bitcoin is being added to their total every day.

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February 13, 2025, 04:31:29 PM
Last edit: February 13, 2025, 04:52:42 PM by Cossyblack
 #2910

El Salvador has become great because of Bitcoin,they believe in the potentials of Bitcoin,they knew they can achieve a lot from bitcoin and they embrace it.

El Salvador is now one of the most progressive nation because they embrace bitcoin and make it legal tender. Today El Salvador has made it  a tradition to be buying at least 1BTC everyday and be adding it to their holdings, imagine how many BTC they will accumulate In years to come and the impact it will bring to their Economy.This people are Super bullish about Bitcoin,Unlike  El Salvador other nations have started to realise the potential and benefits of holding Bitcoin, seeing how Bitcoin has been appreciating in values made them choose Bitcoin over other assets like Gold.

Any Nation that will want a better future for her citizens will start Buying BTC and stash it for the future.
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February 13, 2025, 09:59:53 PM
 #2911

I think the government of El Salvador is made up of smart people, and they are slowly but surely heading toward a bright future. A minimum of 1 BTC per day, starting from 2021! This country became the first to officially make BTC a legal tender, setting an example for everyone else. There may be some risks involved, but I believe this was a great move. Well done!
El Salvador, The first country to allow the legalization of Bitcoin and, in addition to declaring it legal currency, introduced the process of exchanging daily necessities for Bitcoin. It was the first country to provide training on Bitcoin at the school and college level and to introduce a system of education about Bitcoin alongside normal academic education. The president of El Salvador's slogan is that his country will buy one bitcoin every day, so their number of bitcoins has reached 6,074, and a new bitcoin is being added to their total every day.

They are brave enough to introduce to the world that Bitcoin is not something to fear off and there's good advantage if they can adapt bitcoin. That's why they get a lot of attention and change their narrative from dangerous country where crimes usually happens to a good country to visit due to good changes also economic development made by their president.

Hopefully more countries will see such great changes made by El Salvador and try to look for better things rather than looking at the negative sides of it. Now looking forward to see more buying or accumulating Bitcoin news from them since its add up some excitement especially when seeing them acquiring large volumes.

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Popkon6
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February 14, 2025, 02:24:35 AM
Merited by Litzki1990 (2), JayJuanGee (1)
 #2912

El Salvador Dispatch: Berlín, the Bitcoin Marvel Hidden in the Mountains
Berlín, a city of 20,000 people, is home to El Salvador’s second Bitcoin circular economy. “Bitcoin City already exists. It’s called Berlín,” said one resident.



More than 150 businesses accept bitcoin payments in Berlín.

The city’s Bitcoin initiative was spearheaded by Salvadorans.

The local community is supportive of the movement, which has brought economic benefits to the town.

In El Salvador, about two hours away from the capital, up in the mountains, lies a town named Berlín. It’s a mid-sized city by Salvadoran standards, with a population of roughly 20,000. It has a bank, law firms, police, food stores, hardware stores, bars, restaurants, hotels, pharmacies, clinics, churches — and one of the largest Bitcoin circular economies in the world.

https://www.coindesk.com/coindesk-news/2025/02/12/el-salvador-dispatch-berlin-the-bitcoin-marvel-hidden-in-the-mountains


The positive side of this Berlin city is that they are using Bitcoin and this Bitcoin is used to buy food and unique items, this Berlin city is completely controlled by El Salvador. What I like the most is that this city has hardware stores, if you walk down the street, of course, everyone from fruit shops to garage mechanics and motor mechanics accept payments through Bitcoin. I think this Bitcoin Berlin city is one of the symbols of the country of El Salvador.



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February 14, 2025, 12:00:06 PM
Merited by Rabata (3), JayJuanGee (1)
 #2913



El Salvador's president Nayib Bukele meets with Michael Saylor to discuss Bitcoin.

El Salvador President Nayib Bukele and Strategy founder Michael Saylor met at Casa Presidencial, the Presidential House of El Salvador, on Thursday to discuss Bitcoin, according to the country’s National Bitcoin Office (ONBTC).
here is the full news: https://cryptobriefing.com/bitcoin-meeting-el-salvador/











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cryptoWODL
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February 14, 2025, 06:27:38 PM
 #2914

The positive side of this Berlin city is that they are using Bitcoin and this Bitcoin is used to buy food and unique items, this Berlin city is completely controlled by El Salvador. What I like the most is that this city has hardware stores, if you walk down the street, of course, everyone from fruit shops to garage mechanics and motor mechanics accept payments through Bitcoin. I think this Bitcoin Berlin city is one of the symbols of the country of El Salvador.
The city you mentioned here is a small town in El Salvador that is controlled by El Salvador. Moreover, most people in this city use Bitcoin because even if anything is purchased in a small shop here, their payment can be paid through Bitcoin. We saw on Twitter a few weeks ago that after buying a product from a grocery store there, people are making payment with Bitcoin. This is really great.


Quote
El Salvador Dispatch: Berlín, the Bitcoin Marvel Hidden in the Mountains
Similar to your news, they have published several other news items, i.e the El Salvador dispatch has been divided into several parts. See them here,

El Salvador Dispatch: The Origins of the Bitcoin Experiment
El Salvador Dispatch: Searching for Bitcoin City, the Modern El Dorado
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February 15, 2025, 02:16:16 PM
 #2915

The positive side of this Berlin city is that they are using Bitcoin and this Bitcoin is used to buy food and unique items, this Berlin city is completely controlled by El Salvador. What I like the most is that this city has hardware stores, if you walk down the street, of course, everyone from fruit shops to garage mechanics and motor mechanics accept payments through Bitcoin. I think this Bitcoin Berlin city is one of the symbols of the country of El Salvador.
The city you mentioned here is a small town in El Salvador that is controlled by El Salvador. Moreover, most people in this city use Bitcoin because even if anything is purchased in a small shop here, their payment can be paid through Bitcoin. We saw on Twitter a few weeks ago that after buying a product from a grocery store there, people are making payment with Bitcoin. This is really great.


Quote
El Salvador Dispatch: Berlín, the Bitcoin Marvel Hidden in the Mountains
Similar to your news, they have published several other news items, i.e the El Salvador dispatch has been divided into several parts. See them here,

El Salvador Dispatch: The Origins of the Bitcoin Experiment
El Salvador Dispatch: Searching for Bitcoin City, the Modern El Dorado

The second Bitcoin city in El Salvador is the city of Berlin, a small town hidden in the mountains with more than 150 businesses and a population of more than 2000 people. Hidden in the mountains, this city was a tourist destination and travelers used to buy goods and services with Bitcoin, which was very convenient.
 Because almost all businesses, from grocery stores to shops, accept Bitcoin for transactions. Everything in Berlin is under control because they are the most effective for law enforcement, law enforcement, and the benefit of all citizens, but all these Berliners play the most appropriate role in using Bitcoin.

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February 16, 2025, 08:20:59 AM
Merited by fillippone (1)
 #2916

Yesterday I introduced @Saylor to a room full of mega-family offices assembled by @CarlosSlim here in El Salvador.  My Intro: "Few people see the future as Clearly and bet as Boldly as Michael @Saylor.  Today   Strategy holds ~479,000 BTC valued at $46Billion.  We know two things for sure... (1) @Saylor will never sell his BTC; (2) when BTC hits $$Multimillion, the value of Strategy will rocket to $Trillions."

X


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February 17, 2025, 08:38:14 AM
Merited by Mehmet69 (3)
 #2917

🇸🇻 El Salvador’s National Library is getting a dedicated Bitcoin section📖
Located in the vibrant heart of San Salvador, the National Library stands as a beacon of knowledge and culture.El Salvador's new library will preserve El Salvador's literary heritage while embracing modern technology and instilling a love of reading and learning.

The library covers an area of ​​24 thousand square meters, containing more than 360 thousand physical books distributed over 7 levels.
An auditorium with a capacity of 350 people.
For children aged 0 to 7 years,This area is designed and decorated just for childhood.
Dedicated to children and adolescents aged 8 to 12 years. There is a Lego area and a gamers zone to develop creativity.

source:
https://elsalvadorinfo.net/el-salvador-national-library/

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February 17, 2025, 10:22:26 AM
 #2918

Yesterday, @NayibBukele and I had a great discussion about the opportunities for El Salvador🇸🇻 to benefit from and accelerate global Bitcoin adoption.



https://x.com/saylor/status/1890397311504638075?t=aXn4Gfx04cTzgR3xMWJoOg&s=19

These are two leading intellectuals who have embraced Bitcoin extensively, with Saylor being a very experienced Bitcoin expert. The advice he gives will really come in handy in the future, as he has been holding Bitcoin for a long time and has grown his holdings significantly after investing heavily. In El Salvador, the government of Nayib Bukele is an experienced person, so this discussion between the two will attract more Bitcoin holders and they have discussed extensively on how to preserve Bitcoin holdings for the long term.



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February 18, 2025, 08:14:09 AM
Merited by Hallroom (3), JayJuanGee (1)
 #2919

El Salvador Dispatch: Searching for Bitcoin City, the Modern El Dorado
The Conchagua Volcano Facing the Gulf of Fonseca in El Salvador

President Nayib Bukele vowed to build Bitcoin City on the Conchagua volcano. CoinDesk went looking for signs of construction.

Bitcoin City sounds like a modern El Dorado — a dreamlike enclave in the jungle, a 21st century utopia. Announced by El Salvador President Nayib Bukele in 2021, the metropolis will supposedly be raised at the base of the Conchagua volcano. Renderings of the project from May 2022 show a circular shape, like the Bitcoin logo, and a structure painted in gold.  Visiting El Salvador this month, I was curious to see Bitcoin City for myself, or at least try to spot signs of construction. It’s a four-and-a-half hour drive from San Salvador to Conchagua.

https://newsroompanama.com/2025/02/16/el-salvador-dispatch-searching-for-bitcoin-city-the-modern-el-dorado/

Nayeb Bukele praised this Bitcoin City model and said that it will be completed very soon and it will be the first choice of all people. The few activities he has launched so far after accepting Bitcoin are the first steps for the future development of each person, everything he has done is thinking about the future of the people of his country. It is a beautiful place from here you can see Nicaragua and Honduras and enjoy the beautiful scenery of Tiger Island, Conchaguita, and Menguera Island. So the place is very beautiful and an ideal place to create a Bitcoin volcano.

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February 20, 2025, 04:13:21 PM
 #2920

El Salvador just scooped up another 11 BTC—$1M
to support a crumbling system while the world clings to fiat.
Bitcoin offers real freedom amid government chaos.
Centralized nonsense? No thanks! #Bitcoin
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