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

[MinoRaiola]

The move demonstrates El Salvador’s commitment to safeguarding its digital assets while continuing to lead as a pioneer nation embracing Bitcoin as a core element of its financial strategy.

I like it when people are brave and try new things. That is what they did in El Salvador, and I hope they will be rewarded for it for a long time. I still remember Bukeles first steps and the app for all residents of El Salvador and (i think) the $30 in Bitcoin as a gift. It was promote negative in the media and the app was not mentioned good. But now it is different, every resident has benefited.

[ultrloa]

The move demonstrates El Salvador’s commitment to safeguarding its digital assets while continuing to lead as a pioneer nation embracing Bitcoin as a core element of its financial strategy.

I like it when people are brave and try new things. That is what they did in El Salvador, and I hope they will be rewarded for it for a long time. I still remember Bukeles first steps and the app for all residents of El Salvador and (i think) the $30 in Bitcoin as a gift. It was promote negative in the media and the app was not mentioned good. But now it is different, every resident has benefited.

Actually they are already been rewarded on all of those efforts they made on Bitcoin.

Their foreign investment boom and their tourism surge due to those good decision they made for investing on Bitcoin. Also they made already a huge profit for being consistent doing DCA and that is huge reward they get from Bitcoin.

Read this https://invest.aicoinpost.com/the-truth-behind-el-salvadors-2025-bitcoin-investment-plan-changes/ since there are lots of interesting things we could read about them.

So far its good that they are continue to do good things and don't have plan to stop on current good actions also adoption they have done on Bitcoin.

[Olamidetechie]

...Latin-American countries should copy its model for true financial prosperity.
...

It is impossible to copy the way of El Salvador, everything is changing in time. What is possible for the first is hardly achievable for next ones. And in another hand what is hard for the first can be very easy for those who will walk by his steps. All is yet on an early stage and there are examples of other ways of adopting bitcoin like in Brazil, and we haven't seen which way will become more productive. It is not mandatory to do strictly the same as El Salvador, there could be different ways of bitcoin adoption, and IMO main thing is that legislation should be permissive and other things will go by their way.

I agree with you jokers10 that it is not going to be the same in any other country, even though there could be a lot of similarities, yet I would hardly suggest that any kind of meaningful solution would necessarily need to involve more of a shitcoin angle, as some other countries seem to be more "receptive" to shitcoins within their approach.. which seems to be the Brazilian comparison that you are alluding to.

So for sure, there could be a lot modeling that might take place in regards to what El Salvador did, but then at the same time hoping to learn from any kinds of mistakes that El Salvador made along the way.. and of course, if there are some pieces of information that show that certain international institutions (such as banking and governments.. such as IMF, WB and USA) have been hostile to the El Salvador actions, it would be more difficult for future countries to plead ignorance in regards to the hostility, but they could still take a somewhat aggressive stance in terms of asserting that they are a sovereign nation and they have rights to assert their sovereignty - in spite of the various warnings that have been issued by various PTB institutions subsequent to seeing various ways that El Salvador had chosen to thumb its nose at various PTB institutions... so in that sense, the level of backlash could end up playing out differently with other countries .. since El Salvador had even given a playbook for the powers that be to attempt to prepare themselves for any other countries that might want to try to go down that path..

I think that one of the confirmations that an Indonesian official (Governor) is going to be speaking at the Bitcoin Magazine conference in Miami in May.. so it will be interesting to see if there might be any announcements related to some of the bitcoin-related efforts that are being made in other countries (and of course, there had been a recent announcement of a bitcoin conference in Indonesia in October of this year, too).. and of course, there will be some representation of El Salvador at that conference too  (at least Max and Stacy Herbert, but there may be others representing El Salvador at that conference too?)...

Everything you talked about in the past about BTC and even El Salvador is now coming to pass, this is great. Although I don't know much about the PTB institution, I think they should be the ones in charge of the recent project that just listed some hours ago with the same name. But what brought it into the discussion is the reward opportunities that it created, as if someone joined their launchpool - someone will be awarded from the 21 million worth of it.

[As-Soon-As]

The move demonstrates El Salvador’s commitment to safeguarding its digital assets while continuing to lead as a pioneer nation embracing Bitcoin as a core element of its financial strategy.

I like it when people are brave and try new things. That is what they did in El Salvador, and I hope they will be rewarded for it for a long time. I still remember Bukeles first steps and the app for all residents of El Salvador and (i think) the $30 in Bitcoin as a gift. It was promote negative in the media and the app was not mentioned good. But now it is different, every resident has benefited.

Every resident of El Salvador now knows about Bitcoin, among them, the most important is the current situation where many boys and girls and teenagers with diplomas about Bitcoin have taken steps to make everyone experienced about Bitcoin. He is working hard to educate everyone from the lowest level to the highest level, he has taken many steps to gain knowledge about Bitcoin and has been very successful as a result of taking the steps. But what I like most is Nayib Bukele, he is collecting one Bitcoin every day, and he is buying a dip every moment. The more Bitcoin he buys, the more El Salvador is moving towards success.

[Nothingtodo]

El Salvador buys $50M in gold for reserve diversification

In addition to storing Bitcoin as a strategic reserve, El Salvador has also placed importance on gold and recently decided to stockpile $50 million in gold. This decision was made and implemented primarily to diversify El Salvador's reserves, which is Salvador's second significant purchase of Bitcoin since 1990.
After buying Bitcoin this year, the president and central bank decided to buy 14,000 ounces of gold, with a market value of $50 million, to diversify Salvador's Bitcoin reserves. To date, Salvador's reserves hold over 58,000 ounces of gold, with a market value of $207 million.
El Salvador buys $50M in gold for reserve diversification - MINING.COM https://share.google/C0tK04RiESUGQOBcq

[AirtelBuzz]

Somehow this is good strategic investment move since gold is also one of the best asset to invest. Its great investment pivot and they would never do anything wrong with those investment since Gold is also valuable asset in the world.

Additional article which is also to good to read about their latest decision done https://theccpress.com/el-salvador-gold-purchase-reserves/

Also gold hit new all time high recently which provably made lots of country like El Salvador attracted then decide to diversify in this asset https://financefeeds.com/gold-price-hits-new-all-time-high/

They still remain committed to Bitcoin investment but I understand they may be trying to ensure economic resilience through this move And one of their goals is to balance the risk of the US dollar, which is why they may have purchased gold alongside Bitcoin. You are right that gold is one of the most valuable assets in the world and this country may have diversified their strategy, currently this country has purchased gold for which Tether has expanded their gold market. However El Salvador's Bitcoin buying mentality has not slowed down yet because right now it looks like they are inauguration a Bitcoin Zone and then later they will host a Bitcoin conference.

El Salvador, the first nation to adopt bitcoin as legal tender, is set to make history once again by hosting Bitcoin Histórico—the world’s first government-backed Bitcoin conference—on November 12-13, 2025.

[avp2306]

The move demonstrates El Salvador’s commitment to safeguarding its digital assets while continuing to lead as a pioneer nation embracing Bitcoin as a core element of its financial strategy.

I like it when people are brave and try new things. That is what they did in El Salvador, and I hope they will be rewarded for it for a long time. I still remember Bukeles first steps and the app for all residents of El Salvador and (i think) the $30 in Bitcoin as a gift. It was promote negative in the media and the app was not mentioned good. But now it is different, every resident has benefited.

Every resident of El Salvador now knows about Bitcoin, among them, the most important is the current situation where many boys and girls and teenagers with diplomas about Bitcoin have taken steps to make everyone experienced about Bitcoin. He is working hard to educate everyone from the lowest level to the highest level, he has taken many steps to gain knowledge about Bitcoin and has been very successful as a result of taking the steps. But what I like most is Nayib Bukele, he is collecting one Bitcoin every day, and he is buying a dip every moment. The more Bitcoin he buys, the more El Salvador is moving towards success.

Maybe all of them in El Salvador knows about Bitcoin but not everyone fully understand it.

But those good initiatives done by their government like inclusion on its curriculum and other programs they made is good way to make people slowly know Bitcoin. So far they are doing good since everything goes according to their plan and they earn success for the adoption they made on Bitcoin.

Also for sure that numbers are growing and what's important that majority of them aware the existence of Bitcoin.

[Muba20]

https://x.com/

It is still somewhat easy to buy Bitcoin but it will be difficult to buy a Bitcoin in the future with fiat. Nayib Bukele thinks that the price of Bitcoin will increase so much that even if ordinary people want to buy they will not be able to easily buy a Bitcoin with fiat or dollars. Like Nayib Bukele, who are holding Bitcoin regularly think that there is still enough opportunity to buy Bitcoin, but that opportunity is gradually ending. Therefore, those who still regularly invest in Bitcoin according to their means will be able to build a large portfolio of Bitcoin in the future. They can own Bitcoin, which will not be easy for everyone to buy in the near future.

[Dunamisx]

Maybe all of them in El Salvador knows about Bitcoin but not everyone fully understand it.

Possibly, this is actually the right condition of things over there and same applies over the world, because bitcoin was just less than 3 decades now after it's been introduced and many are still learning about it till now, but I appreciate every efforts render by the government of El-Salvador towards the free Bitcoin education initiative programs he has been found doing from time to time.

Starting from the young ones, the females and many other establishments and businesses in learning about what bitcoin is and how they alcan also take advantage of it's opportunity to help run a smooth economy.

[Btcdeybodi]

Interesting to know that on this day 7th September 2021, El Salvador became the first country to adopt bitcoin and made it a legal tender and they currently own 6292 bitcoins. El Salvador is a good motivation for more countries to adopt bitcoin because if we look at the growth of their bitcoin portfolio since 2021, it's really worth emulating.



https://x.com/Cointelegraph/status/1964644987422888352

[Taskford]

Interesting to know that on this day 7th September 2021, El Salvador became the first country to adopt bitcoin and made it a legal tender and they currently own 6292 bitcoins. El Salvador is a good motivation for more countries to adopt bitcoin because if we look at the growth of their bitcoin portfolio since 2021, it's really worth emulating.



https://x.com/Cointelegraph/status/1964644987422888352

For being the first to adopt then make Bitcoin as their legal tender. It make them became more famous and many country follow their tracks. We could see that lots of countries are now following them and its great that Bitcoin adoption in global scene spreading and when you talk about investment El Salvador's name would came out first. That is the first benefit they get for their good decision made and right now they are totally gaining lots of positive results especially that they are also doing good on lots of aspects.

Their continuous accumulation always create lots of exposure for their country so there's good chance that El Salvador will became more progressive country in future especially if they are been lead by Nayib Bukele a polarizing and transformative leader.

[xiamin]

https://x.com/

It is still somewhat easy to buy Bitcoin but it will be difficult to buy a Bitcoin in the future with fiat. Nayib Bukele thinks that the price of Bitcoin will increase so much that even if ordinary people want to buy they will not be able to easily buy a Bitcoin with fiat or dollars. Like Nayib Bukele, who are holding Bitcoin regularly think that there is still enough opportunity to buy Bitcoin, but that opportunity is gradually ending. Therefore, those who still regularly invest in Bitcoin according to their means will be able to build a large portfolio of Bitcoin in the future. They can own Bitcoin, which will not be easy for everyone to buy in the near future.

As long as we have the opportunity to buy fractional amounts, buying Bitcoin is not a difficult thing for people of any income. I think in the future buying Bitcoin with fiat will not be difficult but may be easier as centralized exchanges will gradually become easier and network fees will likely decrease. Nayib Bukele wants to convey that he will not stop accumulating no matter what the price of Bitcoin is. His real desire is to continue his constant efforts to increase the strategic reserve. The lesson for investors from here is to hold Bitcoin/accumulation continuously before the price skyrocket.

[Fiatless]

For being the first to adopt then make Bitcoin as their legal tender. It make them became more famous and many country follow their tracks. We could see that lots of countries are now following them and its great that Bitcoin adoption in global scene spreading and when you talk about investment El Salvador's name would came out first. That is the first benefit they get for their good decision made and right now they are totally gaining lots of positive results especially that they are also doing good on lots of aspects.

Their continuous accumulation always create lots of exposure for their country so there's good chance that El Salvador will became more progressive country in future especially if they are been lead by Nayib Bukele a polarizing and transformative leader.

El Salvador made Bitcoin popular when Bitcoin became a legal tender. The Central African Republic took the same step and repealed the law that made Bitcoin legal tender after a few months. Since then, no country has made the coin a legal tender. Many people, including me, were saddened when the IMF came up with several conditions to derail the Bitcoin plans of the country. I just hope that the country is using other avenues to keep acquiring Bitcoin.  

[Just Common]

Nayib Bukele Secures Future by Increasing Gold Reserves Previously Sold Off by leftist FMLN government.



El Salvador has taken a decisive step to rebuild its financial strength by purchasing nearly 14,000 troy ounces of gold for $50 million. The Central Reserve Bank (BCR) confirmed the acquisition of 13,999 ounces, raising the nation’s holdings from 44,106 to 58,105 ounces, now valued at approximately $207.4 million.
El Salvador adquirió 14,000 onzas de oro, a $50 millones, con el fin de recuperar lo vendido por el gobierno del FMLN en 2015.
Por dicha transacción, el país recibió $200 millones, pero en la actualidad, tiene un precio de $600 millones. pic.twitter.com/2XG5xyA0ng
— Noticiero El Salvador 🇸🇻 (@NoticieroSLV) September 4, 2025
This move is part of a strategy to recover the gold reserves sold by the FMLN government in 2015, when the transaction generated $200 million for the country. Today, the same amount of gold is worth about $600 million, underscoring the long-term value of the asset.
Durante las administraciones de ARENA y FMLN, El Salvador no realizó ninguna compra de oro, al contrario, estos gobiernos lo vendieron, lo cual era parte de los principales activos del Estado. pic.twitter.com/riaMtnZxUP
— Noticiero El Salvador 🇸🇻 (@NoticieroSLV) September 4, 2025
The BCR emphasized that the purchase strengthens the nation’s international reserves for the first time since 1990 and helps diversify the portfolio. Gold accounts for around 20 percent of central bank reserves globally, second only to the U.S. dollar.
According to the institution, the acquisition aims to protect the economy from international market fluctuations, reinforce financial stability, boost investor and citizen confidence, and secure a safer reserve composition. “This decision reflects the commitment to maintaining a strong financial system with diversified reserves that safeguard the country’s future,” the BCR stated.
El oro es un activo estratégico universal, que fortalece la estabilidad financiera de El Salvador, protege la economía ante cambios en los mercados internacionales y genera confianza en la población e inversionistas.
Esta estrategia de compra es posible gracias al… pic.twitter.com/RtrE8vjgLi
— Noticiero El Salvador 🇸🇻 (@NoticieroSLV) September 4, 2025
The operation was made possible by the bank’s stronger equity position in recent years, within the stability framework promoted by President Nayib Bukele’s government.


https://elsalvadorinenglish.com/2025/09/04/nayib-bukele-secures-future-by-increasing-gold-reserves-previously-sold-off-by-leftist-fmln-government/

[PremiumcryptoHub]

Interesting to know that on this day 7th September 2021, El Salvador became the first country to adopt bitcoin and made it a legal tender and they currently own 6292 bitcoins. El Salvador is a good motivation for more countries to adopt bitcoin because if we look at the growth of their bitcoin portfolio since 2021, it's really worth emulating.



https://x.com/Cointelegraph/status/1964644987422888352

Maybe this country has reached another milestone because today they are celebrating Bitcoin Day, moreover everyone knows that today September 7th, this Latin American country has made Bitcoin legal tender so this is a good motivation to accept Bitcoin.
They are now a guide for everyone to adopt Bitcoin because we are currently seeing that those who are willing to adopt SBR are seeking advice from them. Look at their results after making Bitcoin legal tender, these only demonstrate their superiority and prove that they are successful. They have been able to organize the CUBO+ and Lighting Dev programs, In addition they now have 80,000 government employees certified in Bitcoin, they even have a framework that is just for the Bitcoin capital market.

EL SALVADOR CELEBRATES BITCOIN DAY! https://x.com/bitcoinofficesv/status/1964700306060546552?t=PPe3En9IkqBzAmullFbwWg&s=19

[famososMuertos]

Interesting to know that on this day 7th September 2021, El Salvador became the first country to adopt bitcoin and made it a legal tender and they currently own 6292 bitcoins. El Salvador is a good motivation for more countries to adopt bitcoin because if we look at the growth of their bitcoin portfolio since 2021, it's really worth emulating.



https://x.com/Cointelegraph/status/1964644987422888352

Thanks for reminding us. The date may be easy to forget, but it's a 'tattoo' on the heart of anyone who believes in Bitcoin for its principles, not just for the hope of reaching a million. If you're a believer in Bitcoin's core premise, then El Salvador and that date will always be part of its universal history.

Thank you, Bukele.

[moneystery]

El Salvador made Bitcoin popular when Bitcoin became a legal tender. The Central African Republic took the same step and repealed the law that made Bitcoin legal tender after a few months. Since then, no country has made the coin a legal tender. Many people, including me, were saddened when the IMF came up with several conditions to derail the Bitcoin plans of the country. I just hope that the country is using other avenues to keep acquiring Bitcoin.  

The difference is that only El Salvador is truly serious about making bitcoin legal tender, while CAR is merely trying to follow suit, but not truly pursuing it. And thats why some time after legalizing bitcoin as legal tender, CAR withdrew from the plan due to regional financial structure and lack of infrastructure.
Meanwhile, El Salvador remains focused on bitcoin and even embraces it as part of its national identity. They are truly empowering bitcoin and leveraging it to develop their country-- something that no other country in the world has like them.

[Bd officer]

Interesting to know that on this day 7th September 2021, El Salvador became the first country to adopt bitcoin and made it a legal tender and they currently own 6292 bitcoins. El Salvador is a good motivation for more countries to adopt bitcoin because if we look at the growth of their bitcoin portfolio since 2021, it's really worth emulating.

I saw this late, but thanks for the reminder. Nayib Bukele was very keen on Bitcoin, becoming the first country in the world to declare Bitcoin as its official currency, while some countries still oppose Bitcoin. However, I saw on the news that El Salvador purchased 21 Bitcoins for Bitcoin Day, which currently has 6,313 BTC in their holdings and is worth $702 million. El Salvador's future is going to be bright, they will improve a lot economically.

[AirtelBuzz]

Interesting to know that on this day 7th September 2021, El Salvador became the first country to adopt bitcoin and made it a legal tender and they currently own 6292 bitcoins. El Salvador is a good motivation for more countries to adopt bitcoin because if we look at the growth of their bitcoin portfolio since 2021, it's really worth emulating.

I saw this late, but thanks for the reminder. Nayib Bukele was very keen on Bitcoin, becoming the first country in the world to declare Bitcoin as its official currency, while some countries still oppose Bitcoin. However, I saw on the news that El Salvador purchased 21 Bitcoins for Bitcoin Day, which currently has 6,313 BTC in their holdings and is worth $702 million. El Salvador's future is going to be bright, they will improve a lot economically.

Indeed their future is set to be bright ever since BTC was accepted as legal tender,They will definitely even improve a lot economically. They celebrated four years of Bitcoin as legal tender yesterday, becoming the first country to do so. We also saw that a Bitcoin market in their country celebrated this day, which is perhaps proof that they i.e ES are able to spread Bitcoin everywhere. You are right that Nayib Bukele has already mentioned that he purchased 21 Bitcoins for Bitcoin Day, it is even true that El Salvador have been empowering Bitcoin for a long time because their celebration of Bitcoin Day proves that their long-term economic experiment will be effective.

[Bitcoin_people]

Interesting to know that on this day 7th September 2021, El Salvador became the first country to adopt bitcoin and made it a legal tender and they currently own 6292 bitcoins. El Salvador is a good motivation for more countries to adopt bitcoin because if we look at the growth of their bitcoin portfolio since 2021, it's really worth emulating.

I saw this late, but thanks for the reminder. Nayib Bukele was very keen on Bitcoin, becoming the first country in the world to declare Bitcoin as its official currency, while some countries still oppose Bitcoin. However, I saw on the news that El Salvador purchased 21 Bitcoins for Bitcoin Day, which currently has 6,313 BTC in their holdings and is worth $702 million. El Salvador's future is going to be bright, they will improve a lot economically.

Indeed their future is set to be bright ever since BTC was accepted as legal tender,They will definitely even improve a lot economically. They celebrated four years of Bitcoin as legal tender yesterday, becoming the first country to do so. We also saw that a Bitcoin market in their country celebrated this day, which is perhaps proof that they i.e ES are able to spread Bitcoin everywhere. You are right that Nayib Bukele has already mentioned that he purchased 21 Bitcoins for Bitcoin Day, it is even true that El Salvador have been empowering Bitcoin for a long time because their celebration of Bitcoin Day proves that their long-term economic experiment will be effective.

Yes, since El Salvador legally accepted Bitcoin, their country has started to improve and the country is making great progress in terms of economy. They celebrated four years of Bitcoin being legal tender and they gave away 21 Bitcoins on this occasion which was interesting. The government of the country has already collected a lot of Bitcoins in Bitcoin reserves and the way they are constantly buying Bitcoins, at some point they will move forward economically and the country is starting to shine. We have seen how they have been investing in Bitcoin for four years and how they have improved economically and they plan to improve even more in the future.