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Author Topic: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻  (Read 56297 times)
Qhunman
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July 29, 2025, 01:09:29 AM
 #3381

Our TESTNET 4 wallet shows proof of work!

The @NodeNationSV educators are teaching with tools and activities everyday in El Salvador 🇸🇻

Even if we're not the only project educating kids about Bitcoin, we're doing it in a fun way!
  Link


El Salvador have series of professional and technical educators teaching kids about bitcoin. A lot of  teachings and practicals have been carried out to train Salvadoran kids about bitcoin node and how it could be installed. Several Bitcoin courses and topics are also be outlined in public schools for kids to be taught. El Salvador Is building kids in Bitcoin technical technology.

Just Common
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July 29, 2025, 07:12:11 PM
 #3382

El Salvador Grants Full Tax Exemption for Foreign Investors with $2 Billion+ Projects.


The Finance Committee of El Salvador’s Legislative Assembly has voted in favor of Opinion No. 114, which supports a new legal decree titled the “Special Regime to Incentivize and Facilitate High-Value Investments in El Salvador.” The proposal aims to attract foreign direct investment by offering a range of tax exemptions to individuals and entities transferring investments valued at $2 billion or more into the country.
The approved opinion paves the way for the Legislative Assembly to vote on the full decree, which would benefit both foreign investors and Salvadorans living abroad who relocate qualifying high-value investments to El Salvador. These investments may be in any economic sector, provided they meet the monetary threshold through direct investment or asset valuation.
“What we seek is to make the country more attractive for these new investments by granting certain tax benefits. This only applies to new investments; it does not apply to existing ones,”
— stated Jerson Posada, Minister of Finance.
Key Tax Incentives for Qualified Investors:
Full Income Tax (ISR) Exemption
Profits, dividends, royalties, rents, capital gains, and other economic benefits are exempt from ISR for qualifying investments. No payment or advance declaration is required.
Real Estate Transfer Tax Exemption
Applicable to property acquired for the development of economic activities.
Municipal Tax Exemption
Full exemption on municipal taxes related to net declared assets.
Import Duty (DAI) Exemption
Applies to goods, supplies, machinery, equipment, and tools used in the business activities of eligible investors.
The Minister of Finance clarified that no existing Salvadoran company currently holds capital or assets of this magnitude, emphasizing the initiative is designed specifically to attract new large-scale capital inflows. “There is no national company that even reaches half of that amount,” he noted.
Application Requirements:
Certified legal incorporation documents (apostilled or legalized).
Certified financial statements or initial balance sheet by a public accountant.
Proof of investment or asset transfer to El Salvador.
Registration in the Salvadoran Taxpayer Registry.
A formal application submitted within 30 calendar days of starting operations to the General Directorate of Internal Revenue.
Global Investment Context:
Deputy Edgardo Mulato of Nuevas Ideas cited precedents in other countries, noting that major corporations have made multi-billion-dollar investments in nations like India, the U.S., Canada, Brazil, and Saudi Arabia. Examples included Amazon’s $4.4 billion investment in India and Apple’s $430 billion program in the U.S.
This legislative move positions El Salvador as a competitive global destination for high-value investments, particularly in sectors such as technology, energy, manufacturing, and logistics, while aligning the country with international trends in capital attraction.

https://elsalvadorinenglish.com/2025/07/28/el-salvador-grants-full-tax-exemption-for-foreign-investors-with-2-billion-projects/
As-Soon-As
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July 30, 2025, 08:38:58 AM
 #3383



Those who want to travel to El Salvador must have a golden opportunity to travel by air, you can buy tickets with Bitcoin. You can travel by helicopter to the beach, city, mountains and plains, and even volcanoes as you wish, and you can pay Bitcoin as the only fee.
This great opportunity has been created so that anyone can travel if they wish and the people of El Salvador can take advantage of this opportunity, it is open to everyone. Of course, once you buy a ticket by air in a helicopter through Bitcoin payment, come and visit.

BTC_pokaop
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July 31, 2025, 10:11:10 AM
 #3384

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.
arwin100
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July 31, 2025, 10:37:34 AM
Merited by JayJuanGee (1)
 #3385

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.

This strategic partnership is really a big thing for Bitcoin. Also their acceptance towards making Bitcoin as alternative to fiat would provably bring something great not only for Bitcoin also for those people who use it.

Also Bolivia is doing a nice move there since while there's few country doing this thing or totally adapt Bitcoin they join forces with El Salvador which provably bring good result for their country especially if acceptance became more wide spread and also more demands then Bitcoin reach for its more new ATH in future.

Also more information towards that information shared by cointelegraph is here https://cointelegraph.com/news/bolivia-calls-crypto-reliable-alternative-to-fiat-in-el-salvador-partnership

Popkon6
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July 31, 2025, 11:16:46 AM
 #3386

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.

melinoe
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July 31, 2025, 11:47:22 AM
 #3387

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.
fredericktaylor
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July 31, 2025, 12:52:25 PM
 #3388

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.

Taskford
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July 31, 2025, 12:59:41 PM
 #3389

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.

They could benefit a lot with these adoption they made especially that Bitcoin offer lots of things and possibly could bring more opportunity to people in their country.

Doing investment is truly a great advantage for them plus those other opportunities their citizens could found online which possibly bring food on their tables. Hope the other governments will do the same and instead think about negative on Bitcoin, they should do what El Salvador and now Bolivia doing on Bitcoin. Its really best to contact the government of El Salvador regarding on this matter since they have long and great experience towards Bitcoin. So for sure that they could get good guidance and other strategic approach towards this partnership they made.

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Cossyblack
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July 31, 2025, 02:39:57 PM
 #3390


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Human capital development is one of best form of investments for any responsible Government.

President Nayib Bukele is gradually working on transforming El Salvador into a bitcoin Hub. A lot of kids have been attending Bitcoin classes in El Salvador and a lot more have been doing Just great in their bitcoin training.

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.


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Bitcoin_people
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July 31, 2025, 02:54:54 PM
 #3391


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Human capital development is one of best form of investments for any responsible Government.

President Nayib Bukele is gradually working on transforming El Salvador into a bitcoin Hub. A lot of kids have been attending Bitcoin classes in El Salvador and a lot more have been doing Just great in their bitcoin training.

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, every responsible government works for the development of that human capital, but Nayeb Bukele is a government that has made Bitcoin an investment trust to develop its capital. Gradually, this government has approved Bitcoin in his country for the development of El Salvador and is trying to educate children and teenagers in Bitcoin education. The way he has focused on Bitcoin for the development of his country, he will certainly be able to develop the country in the future with modern technology. The amount of Bitcoin he has already purchased and held and plans to buy more in the future will make him a good Bitcoin holder in the world. He transacts with Bitcoin in various fields of his country and he has started a great following to educate Bitcoin education, of course we can hope that he is trying to develop the country in the future.

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August 01, 2025, 06:07:59 AM
 #3392

El Salvador Expands Global Leadership in Digital Assets with Bolivia Cooperation Pact.



The Central Bank of Bolivia (BCB) and El Salvador’s National Commission for Digital Assets (CNAD) have signed a memorandum of understanding to enhance bilateral cooperation in the regulation and supervision of digital assets. This agreement marks a significant step in regional collaboration amid growing interest in blockchain-based financial systems.
Signed by CNAD President Juan Carlos Reyes and BCB Interim President Edwin Rojas Ulo, the memorandum promotes the exchange of knowledge in areas such as blockchain intelligence, risk analysis, and regulatory frameworks. Both institutions aim to build robust, transparent systems that support the responsible use of digital assets.
The partnership comes at a time of rapid expansion in Bolivia’s digital asset market. According to the BCB, virtual asset transaction volumes surged from $46.5 million in June 2024 to $294 million in June 2025, following new legislation that allowed regulated use of such instruments under Resolution No. 082/2024.
Reyes emphasized that Bolivia now joins a growing international network of collaboration with El Salvador, which already includes Argentina, Paraguay, Colombia, Kazakhstan, Cuba, and Nigeria. «This alliance reflects our global strategy to support other countries in understanding the benefits of responsible digital asset regulation,» he stated.
El Salvador has emerged as a global leader in digital asset policy since it adopted Bitcoin as legal tender in 2021. The CNAD—established under FATF guidelines—is the world’s first regulatory body focused exclusively on digital assets and currently supervises tokenized products valued between $150 billion and $250 billion.
Through this agreement, Bolivia gains access to El Salvador’s regulatory expertise, while El Salvador further consolidates its leadership in blockchain-driven financial innovation and digital economy development.

https://elsalvadorinenglish.com/2025/07/31/el-salvador-expands-global-leadership-in-digital-assets-with-bolivia-cooperation-pact/
Qhunman
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August 01, 2025, 04:36:45 PM
 #3393



https://x.com/bitcoinofficesv/status/1951032588996370518?s=19

El Salvador teachers in public schools are receiving special training . Nayib Bukele is not only investing heavily on Bitcoin but he is also improving the educational standards of pupils in public schools. Today 50 public schools teachers were receiving extra training that will help them to improve on their teaching skills in public schools.

Franctoshi
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August 01, 2025, 05:15:07 PM
 #3394


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Human capital development is one of best form of investments for any responsible Government.

President Nayib Bukele is gradually working on transforming El Salvador into a bitcoin Hub. A lot of kids have been attending Bitcoin classes in El Salvador and a lot more have been doing Just great in their bitcoin training.
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.
Looking at when El Salvador started their Bitoin reserve and legal tender journey, time has indeed proved their decision right and will continue, and what else would a man of vision like President Nayib Bukele do holding the office of the president of their country if not to make more enabling environment for Bitcoin to thrive. Knowledge is power and Education is key, it's better you lecture and train people on the goal and vision your driving the country to, and in order for the citizens to get a clearer and broader view about your decisions to make using Bitcoin legit in El Salvador.

 
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Dunamisx
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August 01, 2025, 05:20:23 PM
 #3395



https://x.com/bitcoinofficesv/status/1951032588996370518?s=19

El Salvador teachers in public schools are receiving special training . Nayib Bukele is not only investing heavily on Bitcoin but he is also improving the educational standards of pupils in public schools. Today 50 public schools teachers were receiving extra training that will help them to improve on their teaching skills in public schools.

I will always appreciate this standard from the government of El-Salvador for making it a common privilege whereby everyone can choose to develop interest in learning bitcoin for free and impacting others who are going to be the future leaders of tomorrow, this is not their first of its kind impacting children and raising capacity building that could help educate an average citizen about bitcoin starting form the younger generation down to every interested participant in the country, to have a bitcoin learning opportunity and make impact on others with what they have acquired.

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August 02, 2025, 08:34:27 AM
 #3396



https://x.com/bitcoinofficesv/status/1951032588996370518?s=19

El Salvador teachers in public schools are receiving special training . Nayib Bukele is not only investing heavily on Bitcoin but he is also improving the educational standards of pupils in public schools. Today 50 public schools teachers were receiving extra training that will help them to improve on their teaching skills in public schools.

I will always appreciate this standard from the government of El-Salvador for making it a common privilege whereby everyone can choose to develop interest in learning bitcoin for free and impacting others who are going to be the future leaders of tomorrow, this is not their first of its kind impacting children and raising capacity building that could help educate an average citizen about bitcoin starting form the younger generation down to every interested participant in the country, to have a bitcoin learning opportunity and make impact on others with what they have acquired.

That special training they give to their teacher is a great move for their country to spread fast the knowledge about Bitcoin.

For sure that those educator would bring lots of help to make their young generation to know lot of things about Bitcoin. So far there's few countries include Bitcoin education on their curriculum and El Salvador will always be the first country doing it and for sure that in future they have advance knowledge compare to those countries decide to start this kind of teaching.

So far Cuba is following their tracks and its amazing that El Salvador always inspire other country to follow those good things they do with Bitcoin.

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August 02, 2025, 06:54:59 PM
 #3397

El Salvador Proposes Indefinite Presidential Re-Election, Handing Full Power to the People.


Backed by 57 signatures, Deputy Ana Figueroa has introduced a proposal to reform key articles of El Salvador’s Constitution, aiming to modernize the electoral system and grant greater power to the people. The proposed amendments target articles 75, 80, 133, 152, and 154, with the most notable changes being the extension of the presidential term to six years and the unification of all elections into a single cycle
Figueroa explained that the goal is to “standardize the presidential election with the rest of the popularly elected offices,” removing existing restrictions so that “citizens themselves decide how long to support or not support a president’s work.”
The extension of the presidential term, she added, would bring stability to the country’s electoral calendar, reduce costs, and boost legal certainty. “This creates a more favorable environment for investment and long-term development,” she said. She criticized the 1983 Constitution, calling it “the constitution of D’Aubuisson, founder of the corrupt ARENA party,” and emphasized that it was written during a time of national crisis.
“A generation should not bind the next ones to its laws. The people must always have the right to revise their Constitution,” Figueroa stated, invoking the principle of self-determination.
The proposal also includes eliminating the second round of presidential elections—an event that costs approximately $50 million. “This money could be better spent on areas with greater social need,” she argued.
Finally, the reform to Article 154 suggests ending the current presidential term in 2027 to synchronize future presidential, legislative, and municipal elections. According to Figueroa, this would prevent ongoing electoral campaigns and streamline the democratic process.

https://elsalvadorinenglish.com/2025/07/31/el-salvador-proposes-indefinite-presidential-re-election-handing-full-power-to-the-people/
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August 02, 2025, 11:53:33 PM
 #3398

El Salvador Proposes Indefinite Presidential Re-Election, Handing Full Power to the People.


https://elsalvadorinenglish.com/2025/07/31/el-salvador-proposes-indefinite-presidential-re-election-handing-full-power-to-the-people/


We will discuss Bitcoin Center, this mainly refers to the election, such a wrong move can turn us the other way. Here, only Bitcoin-related information should be given importance, but I believe that because the pro-Bitcoin government of El Salvador will definitely win this election. Because everyone who likes Bitcoin will vote for. Nayib Bukele and everyone else who is outside also likes him the most. His behavior and this focus on moving the country forward at the fastest speed by focusing on Bitcoin exist within Nayib Bukele.
That is why he is the most loved by the people and will win again by getting several times more votes than everyone else who is against him and will make more efforts to help Bitcoin supporters in a large way, and the importance of Nayib Bukele in making the country economically self-sufficient is immense.

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August 03, 2025, 12:08:55 AM
 #3399

We will discuss Bitcoin Center, this mainly refers to the election, such a wrong move can turn us the other way. Here, only Bitcoin-related information should be given importance, but I believe that because the pro-Bitcoin government of El Salvador will definitely win this election. Because everyone who likes Bitcoin will vote for. Nayib Bukele and everyone else who is outside also likes him the most. His behavior and this focus on moving the country forward at the fastest speed by focusing on Bitcoin exist within Nayib Bukele.
That is why he is the most loved by the people and will win again by getting several times more votes than everyone else who is against him and will make more efforts to help Bitcoin supporters in a large way, and the importance of Nayib Bukele in making the country economically self-sufficient is immense.

Nayib Bukele re election as president of El Salvador was widely expected. He won by huge margin which gave his party great control over government. While his support for Bitcoin is well known bigger reason for his popularity is his tough stance on gang violence which has made country much safer and earned him very high approval ratings. His plan to use Bitcoin to improve country economy has had mixed results. But it has helped with some things like digital wallets it has not been complete success and has raised concerns with international groups like IMF.

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August 03, 2025, 08:17:11 AM
 #3400

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

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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.

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