Topic: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 - page 39. (Read 38876 times)

The last point which is about regulation and clarity is something basic that everyone is asking from their country. Where government of every country are still scratching their heads on regulation. El Salvador is the only country to come up with it as they made Bitcoin a legal tender. Struggling economies of the globe should take this opportunity to adopt Bitcoin.

I recently came across a news that in Lebanon people are using USD as the currency to determine the price of any good. The reason being the depreciating value of Lira and the high volatility. Rather adopting USD they could have declared Bitcoin as another legal tender and followed the footsteps of El Salvador.

El Salvador wants YOU to come build #Bitcoin    Country!

There are many reasons why you should make the move to El Salvador, here are just some of them:



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It is not surprising that the president of El Salvador makes bilateral business needs with the President of Qatar, because the president of El Salvador also knows that Qatar is a developed country and can be collaborated with on several matters. Moreover, Qatar itself does not prohibit Bitcoin and there are also three good exchanges (as listed here) that can be used in Qatar when anyone wants to buy Bitcoin and it could be very meaningful for these two countries if they create bilateral relations in terms of Mining. Bitcoin, Bitcoin Bond and Bitcoin legal tender.

@wiskrillex, this is an English board so better post in English but if you want to type in your local language please find the local board where you can discuss with your own native/local language.

Keep it up.

I was just browsing and saw some few days old article about[1] El Salvador applying this of what you've done to teach Bitcoin in schools. And it should be implemented next year.

[1] El Salvador to introduce Bitcoin education in schools by 2024

So far we have only been allowed to use bitcoin as a commodity asset and have not touched on further aspects in terms of purchasing and especially near the area where I live. The challenge is not only from the legal aspect but also from people's beliefs that bitcoin is not as popular as what we often discuss in forums. One day maybe we will give a lot of color to Bitcoin's journey and I'm sure it will take time for us to see that happen and slowly Bitcoin will definitely be heard in all corners of the country and villages.

The positive value is that my country does not prohibit bitcoin as a commodity asset so we will not receive any sanctions if we use bitcoin as an investment step. This encouragement is what makes me believe that over the next few years bitcoin will become a real practice that will be implemented by many people as a step to maintain the value of the currency they previously placed in other investments. We will also see the growth of bitcoin adoption becoming more widespread because there are many things that make the advantages offered by bitcoin.

It is appropriate for the younger generation to be taught about Bitcoin and the methods that need to be used only as an introduction as a first step for them. When they have grown up and are able to take responsibility for their lives that is where they can develop an interest in investing.

Of course success will be achieved if you can teach children about Bitcoin in the right way. Because you must educate both the boys and girls in your organization about Bitcoin as well, because if the children acquire knowledge about Bitcoin from a young age, they will surely bring success when they grow up. As teaching in your institution must face challenges but these challenges you have to face strongly, (conquering fear and move towards the future) because honest work will inevitably face obstacles. Since Bitcoin is legal in your country, of course you are more likely to expect something big in the future.



Of course you can teach your school kids about Bitcoin. Since children's interest in learning about Bitcoin from the initial stage is developed, they can definitely be educated in the right way in the future. And as many challenges come you must face the challenges. I think almost the whole world is in support of Bitcoin so I think education should be given in countries where Bitcoin is legal.

In El Salvador, the president has attempted several revolutionary measures and has already succeeded. Today the President of Qatar Tamim Bin Hamad arrived in El Salvador for bilateral business purposes with the President of El Salvador. Salvador's specific business objectives will be realized during this bilateral meeting.





Bitcoin legal tender
Bitcoin Mining
Bitcoin Bonding
EI Salvador & Qatar, the Emir of Qatar
Educational program course on Bitcoin and Lightening Network.

That's a good step that you can take to educate many young people about the opportunities in bitcoin because one day people will increasingly realize that bitcoin is the best asset. I also have a non-formal school which is currently still managed together with the Lhok Kaju English Center (LEC) community. Although I have not specifically included learning about bitcoin for them because the age of the students we have makes us reluctant to do so now.

One day I would like to do something like this for our students and there is a big ideal I want to show students regarding the adoption of Bitcoin as a way to find financial freedom. Unfortunately, currently we cannot make this happen and the bitcoin education given from an early age is very good for students, but it is only an introduction not direct involvement in investing. I see that what El Salvador is doing can actually increase the interest of the younger generation in investing when they have entered adulthood and can be responsible for the decisions they make.

This is what makes me want to teach bitcoin education to the younger generation who join LEC, but unfortunately we can't do this yet because there will be many challenges if forced. If one day bitcoin reaches widespread adoption in my area then we have high hopes that we can make it happen.

Today I decided to go back to my old school to teach the children just a little bit of everything I've learned from my @cuboplus teachers 📚📚 #BITCOIN    #elsalvador #BTC    #cuboplus 🧵


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I just saw on social media today that El Salvador kids are being taught Bitcoin. Because a different thing about Bitcoin for children from a young age started in elementary education in El Salvador. This education from an early age will bring the best success for the child later in life as the child grows up. And I support this Bitcoin education, and teaching Bitcoin to more kids to be successful.

It is just more important for children who are still in school to listen and know about Bitcoin because they also don't have enough money to advance into the realm of buying Bitcoin. Meanwhile, for the parents of these children, I think it would be better if they were given socialization or understanding about Bitcoin so that this can run smoothly in every family. And in El Salvador I am sure this will continue to be done because the government's own concept is to channel knowledge about Bitcoin to all its citizens.

From this, it can also be seen that Nayib Bukele is really serious about adopting Bitcoin for all citizens of his country, even though this will take a long time. But in general, Nayib Bukele is very serious about building this with his own concept and is trying to involve many parties to support this effort so that it can run smoothly until now. I really applaud what Nayib Bukele is doing in El Salvador by continuing to make the country more independent in every way.

I thought that part of our criticisms and concerns about El Salvador is that it is not really clear how they are holding their bitcoin and/or how many they have exactly.. even though Bukele has made various tweets on the topic of various buys and including in around mid-November of last year Bukele announced that he (or El Salvador) is buying 1 BTC per day.

https://www.barrons.com/news/salvadoran-president-vows-to-buy-one-bitcoin-every-day-01668700808

Now EI Salvador owns 2380 BTC worth of $60M.
But All Bitcoin holding by National Treasury EI Salvador.
All Bitcoin holdings in Own launched Chivo Wallet. But they would establish 1500 Bitcoin ATMs to addopt Bitcoin.



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What made El Salvador what it is today is its leader, Nayib Bukele, who issued various pro-economic policies, cut bureaucracy and reduced the crime rate in the country which had long been ignored by the government. Nayib Bukele's various policies, which include the adoption of Bitcoin, have made this country increasingly known globally and investor interest in being able to invest in this country has become greater, which has further improved this country's economy and even placed it as an upper middle class country.
And in my opinion, the reason why the IMF and US don't pay too much attention to El Salvador is because this country doesn't pose a threat to them and since the size of the country is not too large and natural resources are not as abundant as middle eastern countries, they just leave it like that. , but don't know if it will stay like this if the economy of El Salvador continues to improve in the future.

I expect we also all learn one or two things from El-Savador with this, they are so self dependent, there's this resilient in them, they make and take bold decisions, they are fearless ad refused a defeat, there's a kind of level of antagonist they must have gone through ever since their decision on bitcoin as a legal tender, yet IMF or the US government is never a threat to them, these are all they've been through that made them the celebrity they are today with a world breaking record of the first country to make bitcoin a legal tender.

Sure, I wish there was a real person from there who explained how things really were. Maybe it will be more real. Because now with a period of 2 years I have read several digital media reporting that they have improved the economic situation. They have paid the debt. Economic development and tourism are growing rapidly. It's all written in the media. I hope that is true. They will be an example for other countries and it will certainly be interesting to do Bitcoin adoption.

El Salvador celebrates a day marking the two-year anniversary of the Nayib Bukele Bitcoin Law that marks the day the Bitcoin Law was created. I think it was a bold move that can be seen in the spirit of Nayib Bukele, the government of the country of El Salvador. The country has been self-sufficient since adopting Bitcoin and has no hassles in terms of legal tender. And provided all kinds of facilities to the people of the country. This is how to build a bitcoin country with hard work and patience. Bitcoin country will not rise in one day and (it will last forever) because having a trusted Bitcoin.

I think this is a good way of preaching the word of bitcoin. If more schools around the world, not only El Salvador tries this approach then we will see a huge change in no time. On the other hand, what has some couple of school kids got to offer? They still can't invest their their spare money now on Bitcoin. All they can do is to listen and gain knowledge about Bitcoin for the time being. Maybe pass these knowledge to older ones, who might be willing to use Bitcoin but don't knows how. When they are old enough then using Bitcoin would be a very simple task to them. Nice one El Salvador.

We can always ensure to adjust the images whenever we are posting them to show whatever thing we are talking about, especially when we quoted someone, images could be adjusted to a smaller size sice it has already been posted before we quote them, i unde all we are excited about is in the progress with El-Savador bitcoin achievements and how they have made every possible efforts to sustain their adoption in other for it to remain a landmark achievement for them always when people are talking about El-Savador's bitcoin adoption.

Let's celebrate 2 years. no!... 0 yes?

The passivity of the environment is unprecedented, with the first "son" in the currency of a country, as always the news that sells as journalists say "it is not that the dog bites its owner, it is that the owner bites his dog" .

It's not that I remember today, on our local board we have a thread dedicated to the topic so I'm going to "post_" the post in images, I really would like to write many things...

El Salvador must be congratulated for such a day because they took such a great initiative on this very day. Accepting bitcoin as a legal document in his country was a difficult challenge for the country's president. If for some reason his action was wrong or people did not like his action then it would be very difficult for him to survive as president. Seeing him take such a challenging decision is what made Bitcoin so popular in El Salvador today. With Bitcoin, the people of El Salvador are now doing their daily tasks very easily. I want the people of El Salvador to better accept Bitcoin in their country and make this day come back to El Salvador again and again.