El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 - page 53.

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Quote from: JayJuanGee on September 07, 2023, 02:36:45 PM

Quote from: ?? on ??

Quote from: JayJuanGee on September 07, 2023, 01:20:41 PM

OK, JayJuanGee
I deleted the post, delete you too!

There is no reason for me to delete the post since even my post clarified the text and since you were providing topic relevant information.. and I don't even have any problem with you citing text from the article in your post.. it just was not made clear regarding that the text was coming from the article rather than from you, and even my above description clarifies that you had only authored the first sentence of that post and the other parts of the text in the post came from the article..

I am not even blaming you for anything beyond being sloppy... even though it could have had been misread by some readers. which was why I said anything at all.

Thanks to JayJuanGee for being such an active experienced member on this thread always pointing out some obvious avoidable mistakes as they come along with individual contributions on this thread as regards the discussions related to El Salvador Bitcoin project which have come along in many phases that allows divergence opinions and discussions while some are informative, other could be off the topics and is the responsibility of members to react to comments on this thread which is why you reply prompted the mate to delete the post.

But that been said, I will like to see more development in the area of payment gateways that are out of the coffers of the government, and also making records of El Salvadorians that are making use of custodial wallet vs those who choose the cex approved wallets.

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Quote from: HelliumZ on September 07, 2023, 02:20:58 PM

El Salvador today is known as a Bitcoin City in the world due to the fact that El Salvador issued a legal notice on the acceptance of Bitcoin two years ago today, and on September 7th, 2021, it issued a policy on the acceptance of Bitcoin.

this is why I feel sorry to the countries(including mine) who denies the fact how helpful bitcoin for their economy like what El Salvador does 2 years ago.

congratulations to all ElSalvadorian in the world for this and happy 2 years of bitcoin existence legally in your country .

how i wish that the world will follow this country's action sooner .

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Quote from: HelliumZ on September 07, 2023, 09:23:49 PM

expecting this to happen mate..

What is the sense of being the first bitcoin country to accept and adopt bitcoin if this will not come here and there?

but I love the idea of there bringing this to all schools so the generation from this will learn and understand what best and better for bitcoin.

Quote from: HelliumZ on September 07, 2023, 02:20:58 PM

El Salvador today is known as a Bitcoin City in the world due to the fact that El Salvador issued a legal notice on the acceptance of Bitcoin two years ago today, and on September 7th, 2021, it issued a policy on the acceptance of Bitcoin.

love seeing this much of for bitcoin .

may EL Salvador serves its purpose for the whole crypto community in the world.

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El Salvador is going to take a groundbreaking step to deliver Bitcoin to students at all levels in its country. In El Salvador, in addition to delivering bitcoin education at the university level, they will provide special training for 150 public school teachers in 2024 to bring bitcoin knowledge to the country's school level, and will equip the teachers of those schools with special techniques on bitcoin and bitcoin lightning so that they can later Can impart knowledge about Bitcoin among their students.

bitcoinmagazine.com

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Quote from: HelliumZ on September 07, 2023, 02:20:58 PM

El Salvador today is known as a Bitcoin City in the world due to the fact that El Salvador issued a legal notice on the acceptance of Bitcoin two years ago today, and on September 7th, 2021, it issued a policy on the acceptance of Bitcoin.

I think time has gone so fast. And it doesn't feel like it's been 2 years since El Salvador started using Bitcoin in their country as legal tender. And currently in Salvador it seems to be getting better. El Salvadorans' awareness of bitcoin has increased rapidly. Because there are lots of schools created there to teach about Bitcoin. But recently I haven't followed Nayib Bukele's movements regarding bitcoin accumulation. Has he adding again his bitcoin investment this year? Anyone knows?

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Quote from: Dimitri94 on September 07, 2023, 04:45:03 PM

Quote from: fruktik on September 07, 2023, 12:26:15 AM

Quote from: Aanuoluwatofunmi on September 06, 2023, 03:00:55 PM

Who are the ones after their selfish goals, is it Nayib Bukele the president of El-Savador or the people at large or the other government officials that supports every fruitful developments in El-Savador, what you don't understand can be asked, do you care in knowing the worth on their treasury or the investment made on bitcoin in particular, of which am sure the answer to each were here.

Well, what are the selfish goals pursued by Bukele? You have an answer to this question. I'm curious to read about it. At the expense of the treasury, I know some points about the treasury, investments in Bitcoin. At the moment, this is not a secret for those who are really interested in this issue.
I just did not notice the moment that all the new initiatives of the president were supported by the people. Somehow, people are not very willing to participate in all these processes.

All initiatives of a leader will never be supported by all the masses of his country. There will be positive and negative attitudes. Why Nayib Bukele wanted to adopt Bitcoin that was open to the public. So any decision he made was important to Bitcoin adoption. When a politician saw that his country's people living in the modern age were spending 22 percent of his country's GDP on sending and receiving remittances, he decided to adopt Bitcoin to reduce this rate, and he was absolutely right. Any people of a country must wait some time to see the results of its development. The people of El Salvador will soon see how much Nayib Bukele contributed. Those who are anti-politicians will certainly try to portray these issues in a negative way. But people have welcomed his policies and his victory in the upcoming elections will be reflected.

Not everyone understands this technical things. It is the responsibility of the government to picture it and make the common people understand the goodness and how they have lowered the unwanted 22% and this will surely increase support from the people who had been talking negative about the adoption of bitcoin. No politician would take such a strong stand and follow it, amidst the opposition from different financial service authorities. Most of the time the volatility is portrayed by the people as the negative thing, none talk about the spending on sending and receiving remittances.

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Quote from: fruktik on September 07, 2023, 12:26:15 AM

Quote from: Aanuoluwatofunmi on September 06, 2023, 03:00:55 PM

Who are the ones after their selfish goals, is it Nayib Bukele the president of El-Savador or the people at large or the other government officials that supports every fruitful developments in El-Savador, what you don't understand can be asked, do you care in knowing the worth on their treasury or the investment made on bitcoin in particular, of which am sure the answer to each were here.

Well, what are the selfish goals pursued by Bukele? You have an answer to this question. I'm curious to read about it. At the expense of the treasury, I know some points about the treasury, investments in Bitcoin. At the moment, this is not a secret for those who are really interested in this issue.
I just did not notice the moment that all the new initiatives of the president were supported by the people. Somehow, people are not very willing to participate in all these processes.

All initiatives of a leader will never be supported by all the masses of his country. There will be positive and negative attitudes. Why Nayib Bukele wanted to adopt Bitcoin that was open to the public. So any decision he made was important to Bitcoin adoption. When a politician saw that his country's people living in the modern age were spending 22 percent of his country's GDP on sending and receiving remittances, he decided to adopt Bitcoin to reduce this rate, and he was absolutely right. Any people of a country must wait some time to see the results of its development. The people of El Salvador will soon see how much Nayib Bukele contributed. Those who are anti-politicians will certainly try to portray these issues in a negative way. But people have welcomed his policies and his victory in the upcoming elections will be reflected.

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Quote from: ?? on ??

Quote from: JayJuanGee on September 07, 2023, 01:20:41 PM

OK, JayJuanGee
I deleted the post, delete you too!

There is no reason for me to delete the post since even my post clarified the text and since you were providing topic relevant information.. and I don't even have any problem with you citing text from the article in your post.. it just was not made clear regarding that the text was coming from the article rather than from you, and even my above description clarifies that you had only authored the first sentence of that post and the other parts of the text in the post came from the article..

I am not even blaming you for anything beyond being sloppy... even though it could have had been misread by some readers. which was why I said anything at all.

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El Salvador today is known as a Bitcoin City in the world due to the fact that El Salvador issued a legal notice on the acceptance of Bitcoin two years ago today, and on September 7th, 2021, it issued a policy on the acceptance of Bitcoin.

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Quote from: _act_ on September 07, 2023, 10:35:49 AM

Today marks the second year that El Salvador made bitcoin a legal tender.

By this date, we will all know great news from this country:

El Salvador's ambitious program aims to incorporate Bitcoin education in all schools across the country by 2024.

El Salvador, the first nation to officially adopt Bitcoin as legal tender, is once again making headlines in the world of cryptocurrency. With the combined efforts of My First Bitcoin, Bitcoin Beach, and the Ministry of Education, the nation announced the inception of an ambitious pilot program today. This initiative aims to incorporate Bitcoin education in all schools across the country by 2024.

Initiated on the 2-year mark of the groundbreaking Bitcoin Law, this program is set to train 150 public school teachers about Bitcoin. After receiving their training, these educators will disperse across the nation, integrating Bitcoin knowledge into their respective curriculum and classrooms.

The key player, My First Bitcoin, is a non-profit and Bitcoin education-focused NGO rooted in El Salvador. Having imparted Bitcoin education to over 25,000 in-person students since 2021, they have shown an unwavering commitment to enlightening the masses about this digital currency. Their comprehensive 10-week Bitcoin Diploma is now in its 5th edition, which the Ministry of Education adopted as foundational material to structure the country's curriculum.

The success of Bitcoin Beach, a pioneering project that fosters a Bitcoin circular economy, played a pivotal role in El Salvador's decision to recognize Bitcoin as legal tender. Their invaluable contributions span from facilitating trainings to funding the printing of educational material.

Another crucial supporter, The Bitcoin Office, is a governmental entity birthed in El Salvador. Their continuous dedication ensured the triumphant realization of this project. Their alliance with Cubo further highlights their commitment to not only mainstream Bitcoin education but also to promote elite developer programs......

Holy fuck, delfastTions. why don't you put quotes around your text rather than my having to figure out whether you are quoting or not and which parts are quoted. Sure I looked at the article and I saw that everything except your first like is quoted from the article, but your post surely does not make that clear without my having to double check by looking at the actual article... That's sloppy and lazy at best and unethical (and against forum rules) if some folks might reasonably end up inferring that some or all of those words are yours rather than from the linked article.

_act_

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Today marks the second year that El Salvador made bitcoin a legal tender.

Quote from: fruktik on September 07, 2023, 12:26:15 AM

Well, what are the selfish goals pursued by Bukele? You have an answer to this question. I'm curious to read about it.

With how I understand Aanuoluwatofunmi post, he is not talking about the El Salvador president to be selfish, he his is referring to the person he quoted. He is referring to this post:

Quote from: fruktik on September 06, 2023, 01:11:04 AM

As I wrote, the states never do anything for no reason out of the goodness of their hearts. They always pursue their own selfish goals. In this case, El Salvador has become a pilot site for a new alternative money transfer and payment system.
It is even difficult to imagine the amount of money that was allocated for this operation. They will need to be returned. How will this happen? Will show time.

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Quote from: Popkon6 on September 06, 2023, 12:54:24 AM

Bukele is trying hard to make El Salvador reach the top of the world's development.

You are right; the president of El Salvador, Nayib Bukele, is the only person in the world who was instrumental in adopting Bitcoin as legal tender in his country and has also implemented bitcoin education, taking his country's finances to the next level. The president of El Salvador, Nayib Bukele, has done all this work, which falls perfectly into the category of Bitcoin adoption. This, I believe, plays a critical role in preparing a country for Bitcoin adoption. May be In 2024, after Bitcoin's halving, El Salvador would be considered the world's most developed country. I wish these could all be done in my country, and I am happy to watch my country's financial status. There could be more facilities for Bitcoin entasism.

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Quote from: Aanuoluwatofunmi on September 06, 2023, 03:00:55 PM

Who are the ones after their selfish goals, is it Nayib Bukele the president of El-Savador or the people at large or the other government officials that supports every fruitful developments in El-Savador, what you don't understand can be asked, do you care in knowing the worth on their treasury or the investment made on bitcoin in particular, of which am sure the answer to each were here.

Well, what are the selfish goals pursued by Bukele? You have an answer to this question. I'm curious to read about it. At the expense of the treasury, I know some points about the treasury, investments in Bitcoin. At the moment, this is not a secret for those who are really interested in this issue.
I just did not notice the moment that all the new initiatives of the president were supported by the people. Somehow, people are not very willing to participate in all these processes.

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Quote from: fruktik on September 06, 2023, 01:11:04 AM

Quote from: Altryist on September 01, 2023, 08:54:55 AM

Why do you think that Bukele was able to reduce crime with the help of the United States? Bukele was able to achieve this with the military forces of El Salvador, and by the way, the armed military is still patrolling the streets of El Salvador, and the population support this initiative, because they feel safe this way. El Salvador is now considered the safest country in Latin America.

As I wrote, the states never do anything for no reason out of the goodness of their hearts. They always pursue their own selfish goals. In this case, El Salvador has become a pilot site for a new alternative money transfer and payment system.
It is even difficult to imagine the amount of money that was allocated for this operation. They will need to be returned. How will this happen? Will show time.

Who are the ones after their selfish goals, is it Nayib Bukele the president of El-Savador or the people at large or the other government officials that supports every fruitful developments in El-Savador, what you don't understand can be asked, do you care in knowing the worth on their treasury or the investment made on bitcoin in particular, of which am sure the answer to each were here.

Quote from: FinePoine0 on September 06, 2023, 01:53:08 AM

El Salvador is making history! 🚀 Welcome to the world's first #BitcoinCity - a trailblazing metropolis powered entirely by Bitcoin and volcano energy! 🌋 Imagine living, working, and playing in a city where crypto is king. From homes to hangouts, everything is Bitcoin-based. Even the airport! Pack your bags, the future is here! #ElSalvador #CryptoRevolution 🌍💰✈️

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This has already been discussed as nothing new any longer in this aspect.

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El Salvador is making history! 🚀 Welcome to the world's first #BitcoinCity - a trailblazing metropolis powered entirely by Bitcoin and volcano energy! 🌋 Imagine living, working, and playing in a city where crypto is king. From homes to hangouts, everything is Bitcoin-based. Even the airport! Pack your bags, the future is here! #ElSalvador #CryptoRevolution 🌍💰✈️

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Quote from: Altryist on September 01, 2023, 08:54:55 AM

Why do you think that Bukele was able to reduce crime with the help of the United States? Bukele was able to achieve this with the military forces of El Salvador, and by the way, the armed military is still patrolling the streets of El Salvador, and the population support this initiative, because they feel safe this way. El Salvador is now considered the safest country in Latin America.

As I wrote, the states never do anything for no reason out of the goodness of their hearts. They always pursue their own selfish goals. In this case, El Salvador has become a pilot site for a new alternative money transfer and payment system.
It is even difficult to imagine the amount of money that was allocated for this operation. They will need to be returned. How will this happen? Will show time.

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✅CONFIRMED: El Salvador bitcoin tourism booth by @asobitcoin at @pacificbitcoin

The stand will host 7 bitcoin related startups highlighting all the building & innovation happening in El Salvador

You can also learn how to move you & your business to #Bitcoin    Country

Source link

The government of El Salvador, Nayeb Bukele, has taken various steps to take his country to the top of development and since adopting Bitcoin. He has provided all kinds of benefits to the people of his country to use Bitcoin. And Stand 7 launched Bitcoin Host which is the biggest advantage for the country of El Salvador.
Since providing various steps in Bitcoin usage and now just waiting for others to reach the peak.
And by taking various other steps, the hero Bukele is trying hard to make El Salvador reach the top of the world's development.

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Quote from: delfastTions on September 01, 2023, 12:22:50 PM

Everything with the BTC adoption in El Salvador is going well.
Now imagine what will happen in this country, well, for example, after the halving in the spring of 2024 and, by the way, at about the same time there will be presidential elections (in El Salvador, the elections themselves will be held on Saturday, February 3, 2024, and the elected president will take office with June 1, 2024 in accordance with their Constitution). I am alnost certain that Bukele will be elected President for a second term. Well, for obvious reasons, the halving will increase the BTC rate around this time. And this is expected to lead to a fairly active use of BTC. It can be assumed that there may even be a rush demand for BTC.
This is quite likely.
But, let's see if there will be such an adoption. I still hope it will.

To develop a country requires strong leadership which El Salvador got from Bukele. At the same time, it is the responsibility of the citizen of that country to keep that leader consistently to continue the development of a country which is also need for El Salvador. I think the people of El Salvador want reelected Bukele for their real development. His one of the best initiative is to legalize Bitcoin. For which he has been widely criticized in his country and worldwide. Because of this remarkable decision, El Salvador get the new dimension in the second time. The country's public opinion polls say the same way.

After all, it is natural that the people will empower the leader who will develop the country. El Salvador's political system did not allow for two consecutive terms of president. Bukele also amended this law after coming to power. The development of the country will continue through this amendment.

If for some reason Bukele doesn't come to power then I won't worry. Because the government of every country has only one objective, that is development. And if Bitcoin is made illegal in El Salvador it will be a big disaster for them. There are a lot of Bitcoin investments in there country. There is a lot of money being spent on Bitcoin mining. No government should take this suicidal decision.

So Bitcoin is and will be booming. Bitcoin does not depend on any government. However, Bukele will be re-elected in the upcoming public opinion poll, and will be able to take his country one step further with Bitcoin in El Salvador next session.

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Quote from: DdmrDdmr on September 05, 2023, 09:34:41 AM

This looks like an important step in terms of divulging Bitcoin education in El Salvador:

It seems that the NGO Mi Primer Bitcoin (My First Bitcoin) has proven its value when it comes to providing Bitcoin education, and has now partnered with the Education Ministry of El Salvador in order to bring Bitcoin education to all public schools in the country by 2024. This Bitcoin education will become part of the formal school curriculum (I figure that the current initiatives are extracurricular).

The plan is to have a pilot take place before the full rollout. The pilot covers 75 schools and entails teaching the Bitcoin programme to 150 teachers beforehand, starting the teacher training this September. If all goes well with the pilot, the programme will be rolled out to the whole public school system at some point during 2024.

Not bad …

See:
https://cointelegraph.com/news/el-salvador-to-introduce-bitcoin-education-in-schools-by-2024

This has been a most anticipated development and it will clear up all the loopholes that could possibly drain Bitcoin users in El Salvador in the long term, indeed Educating the citizens on Bitcoin and its related topics will indeed help the citizens in a lot of ways, such as being able to carry out an independent research, reform and development that will help them to properly, avail all the potentials that comes with Bitcoin and it technology.

The NGO has indeed pushed this educational project to a level where if properly utilised to solve the many anti-Bitcoin misinformation around El Salvador that has placed some setbacks on Bitcoin adoption by El Salvadorians in the last two years since Bitcoin was legalized in El Salvador.

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Quote from: DdmrDdmr on September 05, 2023, 09:34:41 AM

Not bad …

I agree, it is a good one. Bitcoin education being part of the curriculum of public schools in El Salvador is a big news for BTC adoption, i want more people to learn about BTC and this is going to be an initiative that will achieve that. It is also great that the teachers are going to be trained first, so they also learn basic things about BTC that they are going to teach the students, that is an important part of this program, because if the teachers don't know about BTC, they can't teach it and the initiative may fail.

If El Salvador continue in this way, in many years to come BTC will be a very important part of the average 'person's' life in their country, and it is very possible that what we call mass adoption will begin from there.

Topic: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 - page 53. (Read 43289 times)