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

[LOVER BOY 422]

That's how it is! This announcement was left for the end of the 2021 Bitcoin Conference with the participation of Jack Mallers.
Among the most impressive that helped me understand why bitcoin will be the currency that will lead the country of El Salvador is this.

"Over 70% of the active population of El Salvador doesn't have a bank account. They're not in the financial system." -Jack Mallers

https://twitter.com/TheBitcoinConf/status/1401279373223866369?s=19

At the conference the president of El Salvador makes the announcement.

President of El Salvador, Nayib Bukele: "Next week I will send to congress a bill that will make #bitcoin a legal tender."

https://twitter.com/BitcoinMagazine/status/1401279550538108933?s=19

Waw this is actually a good news to the country of El Salvador for this,  I know many of them will rejoice over this news for making Bitcoin investment legal, in the case of my country is not like this, even to teach someone about Bitcoin investment you will be advised by many to keep calm so that you will not get your self in to trouble, this is totally mess situation, as if we are in a cage but last time I checked Bitcoin investment isn't fraud so why many countries like Nigeria dislike Bitcoin investment? Because I'm yet to get more explanations and more clarity on this .

To me bitcoin investment is the future we hear about and we must continue to invest as long as life continues kudos to the president of El Salvador

[famososMuertos]

That's how it is! This announcement was left for the end of the 2021 Bitcoin Conference with the participation of Jack Mallers.
Among the most impressive that helped me understand why bitcoin will be the currency that will lead the country of El Salvador is this.

"Over 70% of the active population of El Salvador doesn't have a bank account. They're not in the financial system." -Jack Mallers
:://:::

Waw this is actually a good news to the country of El Salvador for this,  I know many of them will rejoice over this news for making Bitcoin investment legal, in the case of my country is not like this, even to teach someone about Bitcoin investment you will be advised by many to keep calm so that you will not get your self in to trouble, this is totally mess situation, as if we are in a cage but last time I checked Bitcoin investment isn't fraud so why many countries like Nigeria dislike Bitcoin investment? Because I'm yet to get more explanations and more clarity on this .

To me bitcoin investment is the future we hear about and we must continue to invest as long as life continues kudos to the president of El Salvador

I don’t know if you just woke up and picked up a post from 2021, because you still seem stuck in 2021… You can definitely congratulate Bukele for his enthusiasm back then... sure, forever! But a lot has changed over the years. It’s great and all, but quoting that post as if it were from today? Are you sure you know it’s 2026?

Now, here are a few things you should know, since your enthusiasm seems to still be stuck in 2021. This might not directly answer your question, but it’s important: Bitcoin is no longer legal tender. In 2025, Bitcoin ceased to be legal tender in El Salvador; and it wasn’t exactly Bukele’s choice; it was largely due to agreements with the IMF and international pressure.

There is still a law in force regarding Bitcoin, but businesses, PYME, retails are no longer obligated to accept it. For Salvadorans, it’s now more of an asset or investment than a day-to-day currency.

Now, this might make it sound like the P2P/Bitcoin vision is fading, but that’s not really the case. Salvadorans and tourists are already familiar with using it for payments, so what’s happening is that it has become an option rather than an obligation...  and it’s still very much alive, especially with the ongoing enthusiasm from Bitcoin-focused tourism.

[Sulegzy39]

El-Salvador has always been setting new records for bitcoin transformation programs in the country and all these are done to help focus more on the people and how it adoption could benefit them at last, the government have been putting on various efforts to ensure that the people have the best standard through the effect of Bitcoin and other relevance achievements they accept to implement at the cause of time, they can't go less for now, because it has always been tremendous in seeing Bitcoin helping lives each day as long as it remains their alternative.

You can only experience good development from leaders that know the mind of their followers which is what El Salvador government is doing to make the country a place of  favourable to people. We know that there are still people in El Salvador country that is suffering for capital or what to do to become a better person in the future, and such people are everywhere in the world, but for those that know how to read and write in a society they will learn some basic things of BTC and how to invest to generate massive profits that will turn them to a millionaires in the future.

I really really admire the courage El Salvador government gather to make BTC legal tender in their country, because people of El Salvador are experiencing the progress of Bitcoiners, which up coming Bitcoiner generation will make sure BTC remain legal tender in El Salvador land.

Only leaders who understand the minds of their followers can bring about positive change, which is what the El Salvador government is doing to make the country more hospitable to its citizens. We know that there are still people in El Salvador who are struggling for capital or for guidance on how to become a better person in the future, and such people exist all over the world, but for those who can read and write in a society, they will learn some fundamentals of Bitcoin and how to invest to generate massive profits that will turn them into millionaires in the future.

I appreciate the courage of the El Salvador government in making BTC legal cash in their nation, since the people of El Salvador are witnessing the success of Bitcoiners, and the next generation of Bitcoiners will ensure that BTC remains legal tender in El Salvador.

[Bd officer]

El Salvador has developed faster than other countries, Nayib Bukele has taken great steps against civil war and terrorists and has made huge progress in Bitcoin and agriculture, which has surprised the developed world.

People in rural areas of El Salvador were outside the banking system and they used to keep money under their mattresses but now they are starting to save with Bitcoin. You can cross the entire country in four hours and get to any meaningful place in 45 minutes, it amazes me. If I had a lot of money I would travel to El Salvador.

You will be amazed at the developments in El Salvador.

[SPIDERMAN008]

El Salvador has developed faster than other countries, Nayib Bukele has taken great steps against civil war and terrorists and has made huge progress in Bitcoin and agriculture, which has surprised the developed world.

People in rural areas of El Salvador were outside the banking system and they used to keep money under their mattresses but now they are starting to save with Bitcoin. You can cross the entire country in four hours and get to any meaningful place in 45 minutes, it amazes me. If I had a lot of money I would travel to El Salvador.

You will be amazed at the developments in El Salvador.

Those who personally own bitcoin prefer to go to countries where bitcoin is legal or prioritizes bitcoin. Because there are quite good opportunities for transactions through bitcoin there. El Salvador has become popular since it approved bitcoin. After that, their tourism sector has developed a lot. Of course, I would say that the reason for this is that bitcoin has a fairly positive role there.

And the information you provided seems really interesting. If the entire country can be visited in 4 hours, it means that if you are there for about 7 to 15 days, you can visit all the popular places in the country. This is a very good thing for those who love travel and hold bitcoin.

[uche6215]

El Salvador is expanding it's Bitcoin investment to adopt passports for tourists in the country. This is another nice move by the president Nayib Bukele.

Source: Crypto Pulse news.

[Zanab247]

El Salvador is expanding it's Bitcoin investment to adopt passports for tourists in the country. This is another nice move by the president Nayib Bukele.

Source: Crypto Pulse news.

This is what makes me like El Salvador government, because before they introduce anything to their government they have to do some research to know how the future of the coins will look before introduce it to other investors. Is like you don't know how this BTC is helping people to make progress in life, because many banks have failed people when they are about to withdraw their money or save their money for long hodling.

Some time governments have to pay attention to citizens When it comes to what will improve the country economy, because there are some people that will prefer to be using their money to buy BTC to achieve what they want from BTC.

[famososMuertos]

El Salvador has developed faster than other countries, Nayib Bukele has taken great steps against civil war and terrorists and has made huge progress in Bitcoin and agriculture, which has surprised the developed world.

People in rural areas of El Salvador were outside the banking system and they used to keep money under their mattresses but now they are starting to save with Bitcoin. You can cross the entire country in four hours and get to any meaningful place in 45 minutes, it amazes me. If I had a lot of money I would travel to El Salvador.

You will be amazed at the developments in El Salvador.

First of all, there has definitely been a major change. El Salvador has become one of the safest countries in the Americas, which is honestly quite surprising.

The idea that everyday Salvadorans are saving in Bitcoin is interesting, but we should take it with a grain of salt. The reality is more complex. One of Bukele’s main goals was to improve remittances, but that hasn’t really happened. Remittances are a huge part of El Salvador’s economy, and a lot of money is still lost to fees. That hasn’t improved much (although it may not have gotten worse either.) From what I remember, Bitcoin transactions didn’t even reach 2% of the total, but I could be wrong (that’s just from memory.)

From reliable sources, I know that businesses accepting Bitcoin still exist, but the ecosystem hasn’t really grown. Similar to remittances, it’s not getting worse, but it’s not improving either.

On the other hand, it’s a relatively cheap destination depending on where you’re coming from. On average, a weekend trip can cost between $500* and $1,000*, depending on where you eat and stay. There are hotels starting at around $15 per night, which is incredible, although prices can vary. The most expensive part is usually the flight, which in the Americas typically ranges from $200 to $500.

Just to be clear, I don’t want to come across as overly critical. I’m actually someone who strongly supports and follows El Salvador’s approach, as it’s been a pioneer in the region.

^{*Everyone who wants to support El Salvador, the only thing they have to have is the desire to go, in my case at least I have done the math, maybe it doesn't help much but I have studied what a trip of 3 days and two nights would be like.}

[Cossyblack]

Those who personally own bitcoin prefer to go to countries where bitcoin is legal or prioritizes bitcoin. Because there are quite good opportunities for transactions through bitcoin there. El Salvador has become popular since it approved bitcoin. After that, their tourism sector has developed a lot. Of course, I would say that the reason for this is that bitcoin has a fairly positive role there.

And the information you provided seems really interesting. If the entire country can be visited in 4 hours, it means that if you are there for about 7 to 15 days, you can visit all the popular places in the country. This is a very good thing for those who love travel and hold bitcoin.

I haven't travelled to El Salvador before but have seen online about El Salvador is absolutely fascinating. Bunkele has transform El Salvador into one of the most beautiful country in the world and good destination for tourism. . El Salvador is a typical example why every governments should adopt the use of bitcoin as it use could grow their economic like el Salvador by attract foreign investors, tourists and bitcoin enthusiasts. El Salvador is a beautiful place to visit, more especially a visit to the beautiful bitcoin beach would be a good idea if I have the money.

[Xackie]

This shows how consistent El Salvador is. This is really a big win for them as a small nation to have spent over $400m+ on Bitcoin, it tell us the level of conviction they have for Bitcoin. whereas some countries still continues to doubt Bitcoin.


Source: https://x.com/i/status/2050291699914580261
 

[Luzin]

This shows how consistent El Salvador is. This is really a big win for them as a small nation to have spent over $400m+ on Bitcoin, it tell us the level of conviction they have for Bitcoin. whereas some countries still continues to doubt Bitcoin.

Every country has policies according to their economic conditions. Including adopting Bitcoin like El Salvador. Look at how they struggle to build infrastructure to support Bitcoin adoption, which takes a very long time. Until now, it is still not clearly visible for other countries. Although indeed, if that accumulation is converted into fiat, maybe El Salvador has a large economic reserve.

Even the Bukele government has managed to reduce crime and the gang war. Bukele has started from the beginning, and he was fortunate to be re-elected as president. If not, it is possible that the program would not continue. Bukele will be president until 2029 for a 5-year term. But it seems there is news that there is a removal of term limits in the El Salvador government, so Bukele has the opportunity to govern until 2033.

[Just Say]

This shows how consistent El Salvador is. This is really a big win for them as a small nation to have spent over $400m+ on Bitcoin, it tell us the level of conviction they have for Bitcoin. whereas some countries still continues to doubt Bitcoin.

Even the Bukele government has managed to reduce crime and the gang war. Bukele has started from the beginning, and he was fortunate to be re-elected as president. If not, it is possible that the program would not continue. Bukele will be president until 2029 for a 5-year term. But it seems there is news that there is a removal of term limits in the El Salvador government, so Bukele has the opportunity to govern until 2033.

It is true that the Bukele government has been able to reduce crime and gang warfare, but in my opinion, he has not only brought peace to his country, but also economic progress. You are right that Nayib Bukele started from the very beginning, but it must be said that El Salvador is lucky to have him as president again because of his outstanding leadership and under his leadership, Bitcoin is still being deposited in the country's treasury every day, and under his leadership, the official Bitcoin Diploma course was launched. I would also like to point out that an example of the success of this country in the economic sector is that crypto remittances increased by 49.7% in the first quarter of 2026, and the President has a lot to do with this success in the first three months of this new year.

El Salvador Crypto Remittances Reach $17.38M.

[MinoRaiola]

Even the Bukele government has managed to reduce crime and the gang war. Bukele has started from the beginning, and he was fortunate to be re-elected as president. If not, it is possible that the program would not continue. Bukele will be president until 2029 for a 5-year term. But it seems there is news that there is a removal of term limits in the El Salvador government, so Bukele has the opportunity to govern until 2033.

He made a lot of change in the country, and people are grateful. They now feel safer, and that is one of the most valuable things he rechaed. In 2029, Bitcoin will, in the best case scenario and hit a new ATH, and he can promote that as another positive development for the country. Things werent easy at first, but he showed he had “diamond hands,” and in the end, he succees I hope it stays this way for a long time, for him and for the country.

[Taskford]

This shows how consistent El Salvador is. This is really a big win for them as a small nation to have spent over $400m+ on Bitcoin, it tell us the level of conviction they have for Bitcoin. whereas some countries still continues to doubt Bitcoin.

Even the Bukele government has managed to reduce crime and the gang war. Bukele has started from the beginning, and he was fortunate to be re-elected as president. If not, it is possible that the program would not continue. Bukele will be president until 2029 for a 5-year term. But it seems there is news that there is a removal of term limits in the El Salvador government, so Bukele has the opportunity to govern until 2033.

It is true that the Bukele government has been able to reduce crime and gang warfare, but in my opinion, he has not only brought peace to his country, but also economic progress. You are right that Nayib Bukele started from the very beginning, but it must be said that El Salvador is lucky to have him as president again because of his outstanding leadership and under his leadership, Bitcoin is still being deposited in the country's treasury every day, and under his leadership, the official Bitcoin Diploma course was launched. I would also like to point out that an example of the success of this country in the economic sector is that crypto remittances increased by 49.7% in the first quarter of 2026, and the President has a lot to do with this success in the first three months of this new year.

El Salvador Crypto Remittances Reach $17.38M.

Overall Bukele made good development in their country not only with social security, but also with great economical changes in their country.

We will read it here how they change their BTC investment strategy https://bitcoinfoundation.org/news/bitcoin/bitcoin-vs-el-salvador-how-the-countrys-btc-investment-strategy-changed-in-2026/ to adapt on the changes happened.

For many years we have seen them doing so good on Bitcoin and they are now harvesting the results of those good decisions also actions they have done in the past.

[tvbcof]

I would say that in monetary terms, the amounts of BTC and other monetary instruments in relation to El Salvador is basically peanuts.  Money, per-se, is not the important part of what is going on.

What Bukele (and pretty much only Bukele in the country) has done is to give the country some measure of flexibility.  With the work he has done he has possibly avoided the necessity of being forced into an undesirable (to me) scenario where most countries will be forced into the wholesale adoption whatever programmable money/CBDC type solution the international monetary powers choose (when they rug-pull the current reserve currency.)

Was that something Bukele has been thinking about over the years?  My best guess is, 'yes'.

Will Bukele choose to resist or modify some of the pressures using the strength (options) he has fostered in his country?  Will he go with the technocratic 'Bitcoin Shitcoin broz' who are now a feature of the country and who are very much interested in the sort of 'efficiency' (read; totalitarian control) that technology promises?  Will the country evolve into a 'solution' where all things of value are pilfered away from the rightful owners and into the hands of owner classes via 'tokenization' and like scams?  All of these are good questions.  We'll just have to wait and see.  At the present time I feel that the chances are better in El Salvador than in any other country I can think of...but that's not saying much.

[Lucius]

I would say that in monetary terms, the amounts of BTC and other monetary instruments in relation to El Salvador is basically peanuts. Money, per-se, is not the important part of what is going on.
~snip~

It's no longer strange to me that so many people on the forum believe that this country will solve its economic problems by investing in 1 BTC per day in addition to the 6000+ BTC it already has. The country's debts are over $32 billion, and Bukele has added some $5 billion of that during his time as president.

Let's not forget that Bitcoin ceased to be legal tender under pressure from the IMF, and I don't rule out that at some point all the BTC they have will be sold.

At the present time I feel that the chances are better in El Salvador than in any other country I can think of...but that's not saying much.

I don't think that country has any better chance of doing anything more economically than any other Central American country - and the only thing they can boast about is that they have put tens of thousands of people behind bars, unfortunately a lot of them who have nothing to do with gangs and crime.

To make the absurdity even greater, the police have daily quotas for arresting people because there are still a lot of places in that mega prison, so a lot of innocent people end up behind bars and can spend up to two years there without an indictment. I watched a documentary and saw a lot of sad stories and the resentment of people in that country, which is actually a dictatorial and police state that resembles the worst communist countries in terms of the methods it uses against its people.

[Zanab247]

El Salvador has developed faster than other countries, Nayib Bukele has taken great steps against civil war and terrorists and has made huge progress in Bitcoin and agriculture, which has surprised the developed world.

People in rural areas of El Salvador were outside the banking system and they used to keep money under their mattresses but now they are starting to save with Bitcoin. You can cross the entire country in four hours and get to any meaningful place in 45 minutes, it amazes me. If I had a lot of money I would travel to El Salvador.

You will be amazed at the developments in El Salvador.

You can only experience such development from governments that have knowledgeable leaders in power which is what El Salvador country have to be able to secured this development in their country. Just give El Salvador government few years you will see what will happen to their economy compare what people are seeing now, because it will attract many foreign investors to come to El Salvador to establish and create rooms for Bitcoiners to have their way to buy any products and pay with BTC.

One thing I know is that if you use to keep money in the bank and you learn crypto and start using solid wallet to store your coins, I guess you will like crypto than fiat money, because government is not the one controlling the price of BTC and other cryptocurrencies. No citizens will see this kind of development in El Salvador country they will not appreciate their leaders that fight the battle to ensure BTC and other cryptocurrencies are legalized in their country.

[Luzin]

Let's not forget that Bitcoin ceased to be legal tender under pressure from the IMF, and I don't rule out that at some point all the BTC they have will be sold.

That's the question, when they will sell it. But I agree with you, surely at some point they will sell it.

To make the absurdity even greater, the police have daily quotas for arresting people because there are still a lot of places in that mega prison, so a lot of innocent people end up behind bars and can spend up to two years there without an indictment. I watched a documentary and saw a lot of sad stories and the resentment of people in that country, which is actually a dictatorial and police state that resembles the worst communist countries in terms of the methods it uses against its people.

Indeed, I read in the media that there is various positive news about El Salvador after they adopted Bitcoin. Many media outlets highlight successes in catching criminals, the use of renewable energy, Bitcoin transactions, increased tourism, and continuously developing infrastructure. I hope it's true; I have never witnessed it firsthand. But major newspapers like Forbes and The Guardian make such news.

[Nothingtodo]

You can only experience such development from governments that have knowledgeable leaders in power which is what El Salvador country have to be able to secured this development in their country. Just give El Salvador government few years you will see what will happen to their economy compare what people are seeing now, because it will attract many foreign investors to come to El Salvador to establish and create rooms for Bitcoiners to have their way to buy any products and pay with BTC.

El Salvador is one of the first countries in the world to recognize Bitcoin as a legal currency.
Not only did it limit itself to recognition, but El Salvador became the first country to accept Bitcoin as payment for daily necessities.
The National Library in San Salvador has opened its doors to everyone for research and study on Bitcoin.
El Salvador is the first country in the world to include Bitcoin in primary school textbooks, a rare groundbreaking move.
It is not known whether any other country in the world has taken this step by providing education on Bitcoin for children aged 7 to 11.
The country's largest airport opened a gate with the Bitcoin logo and a "Welcome Bitcoin" sign.
Another significant step taken by the country is that the country's passport has been emblazoned with the Bitcoin logo and allows visitors to visit various regions of the country and use air tickets by paying with Bitcoin.
The country's most talented youth have launched an educational program on Bitcoin under the CUBO+ project, which will play a leading role in identifying the differences and advantages and disadvantages between Bitcoin and digital currencies and fiat among the country's young generation.
There are many countries in the world, but I have not seen a country other than El Salvador that has implemented so many projects on Bitcoin. As a result of implementing so many projects, the president of Salvador is the most popular and most acceptable among the popular presidents in the world.

[SPIDERMAN008]

You can only experience such development from governments that have knowledgeable leaders in power which is what El Salvador country have to be able to secured this development in their country. Just give El Salvador government few years you will see what will happen to their economy compare what people are seeing now, because it will attract many foreign investors to come to El Salvador to establish and create rooms for Bitcoiners to have their way to buy any products and pay with BTC.

El Salvador is one of the first countries in the world to recognize Bitcoin as a legal currency.
Not only did it limit itself to recognition, but El Salvador became the first country to accept Bitcoin as payment for daily necessities.
The National Library in San Salvador has opened its doors to everyone for research and study on Bitcoin.
El Salvador is the first country in the world to include Bitcoin in primary school textbooks, a rare groundbreaking move.
It is not known whether any other country in the world has taken this step by providing education on Bitcoin for children aged 7 to 11.
The country's largest airport opened a gate with the Bitcoin logo and a "Welcome Bitcoin" sign.
Another significant step taken by the country is that the country's passport has been emblazoned with the Bitcoin logo and allows visitors to visit various regions of the country and use air tickets by paying with Bitcoin.
The country's most talented youth have launched an educational program on Bitcoin under the CUBO+ project, which will play a leading role in identifying the differences and advantages and disadvantages between Bitcoin and digital currencies and fiat among the country's young generation.
There are many countries in the world, but I have not seen a country other than El Salvador that has implemented so many projects on Bitcoin. As a result of implementing so many projects, the president of Salvador is the most popular and most acceptable among the popular presidents in the world.

To become a Bitcoin-based country, they have used and tried to use Bitcoin in the sections where Bitcoin can be implemented. Yeah, all the things you have highlighted are very groundbreaking decisions. Especially at the primary level, teaching children about Bitcoin is part of a long-term plan. The next generation will easily accept the Bitcoin-based economy. And due to the use of Bitcoin in all sector , its tourism sector will also improve. Countries in the world where there are Bitcoin users and holders can easily visit this country and easily pay all expenses through Bitcoin.