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

Aanuoluwatofunmi

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Quote from: loginsam45 on July 12, 2023, 12:27:19 AM

A couple dozen bitcoiners are flying in from overseas for this weekend’s Max & Stacy Experience

Stacy is of the great giant and enthusiast of bitcoin, a public figure and a bitcoin pro, she's well known best for what she does being an investment specialist and a socialite, motivator and bitcoin investor, there's alot to learn from El-Savador and the Nayib Bukele led team and administration together with having Stacy onboard as a public figure, it's going to be a blast for every attendees and tourist that will be going there, El-Savador is gradually turning to a daily new development hub for bitcoin adoption as we keep getting a daily updates on their development along the bitcoin adoption.

Litzki1990

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Quote from: Bd officer on July 11, 2023, 01:23:07 AM

Colliers President Samuel Urrutia: “I estimate that we can channel $100 million of investment to 🇸🇻 El Salvador every year. We are going to differentiate 🇸🇻 El Salvador because this country has its own attractions, it is currently trendy, it is growing, it has great potential"
Source

This is very good news for El Salvador as Colliers President Samuel Urrutia has expressed his desire to invest $100 million annually in their country. El Salvador is going to get many more such offers soon as they have taken some steps to attract countries that are willing to invest in their country. If different countries invest in their country in this way, then the economic condition of their country will change greatly and they can make the country a more advanced country with the invested money. El Salvador will not stop at this place, they will take new plans to further improve the economic condition of their country. Time will tell if El Salvador will be one of the best countries to invest in.

loginsam45

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A couple dozen bitcoiners are flying in from overseas for this weekend’s Max & Stacy Experience

As always, a few of you will never leave 😝

So you might as well start the residency process now at @acceleratesv_io

acceleratesv.io/services
https://twitter.com/stacyherbert/status/1678996898118500353?t=7hz8QSsRGXC4F-Sthb9GIA&s=19

cozyman69

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FEW ™ early bird tickets left for the Bitcoin Racing Challenge in London, July 27th ⚡️ Grab yours now 🏎️

#RaceForAdoption
Save with the link 👇

https://twitter.com/BitcoinNewsCom/status/1678895782441754629?t=sXo7GZDx3l5nS3hPp8W-Kg&s=19

2Pizza410000BTC

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"The country once known for having the world’s highest murder rate now has the world’s highest incarceration rate."

Homicide down 92%
90% approval
44% decline migration to US

El Salvador won its war on crime. "Rights groups" and criminals hit hardest.
tweet

sokani

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FIRST HOUSING PROJECT IN EL SALVADOR TO BE PAID WITH BITCOIN

As part of president Nayib Bukele commitments to provide quality living and to improve the life of it's citizens. The El Salvadorian minister of housing and urban development, Michelle Sol, announces that the first housing project in El Salvador which consist of 122 homes will be paid with Bitcoin. The construction of permanent homes for families in El Zonte, La Libertad is currently ongoing.
1. Source
2. Source

Wiwo

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Quote from: Out of mind on July 11, 2023, 09:54:06 AM

El Salvador is buying 1 Bitcoin everyday + investing $1 Billion into geothermal mining.

In 10 years, the world will be shocked on how this tiny country became debt free— seemingly “overnight”.

Cheers to the @nayibbukele 2030 freedom vision. 🧡🇸🇻
Source

Well, El Salvador's investment and development in Bitcoin for 10 years it results can't be referred to as an overnight success as you mentioned in your comment, because of all the efforts that the president and other government agents in El Salvador have put into that to make it work for the progress of the country and how to rebuild the country economy and making attempts to becoming debt free.

For El Salvador to have taken the step to accumulate 1 Bitcoin daily make it clear that the government led by Nyib is prepared to take advantage of the market while holding for long-term base while building infrastructure that will generate more income for the country shortly in line with the Bitcoin project in El Salvador.

Out of mind

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El Salvador is buying 1 Bitcoin everyday + investing $1 Billion into geothermal mining.

In 10 years, the world will be shocked on how this tiny country became debt free— seemingly “overnight”.

Cheers to the @nayibbukele 2030 freedom vision. 🧡🇸🇻
Source

Bd officer

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Colliers President Samuel Urrutia: “I estimate that we can channel $100 million of investment to 🇸🇻 El Salvador every year. We are going to differentiate 🇸🇻 El Salvador because this country has its own attractions, it is currently trendy, it is growing, it has great potential"
Source

Vaskiy

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Quote from: Nwada001 on July 10, 2023, 06:26:28 PM

Quote from: Bd officer on July 08, 2023, 10:37:45 PM

The country of El Salvador will one day be able to achieve their success with Bitcoin. El Salvador is truly an amazing Bitcoin country.

This could be achievable if the next person who is to come to power after Nayib Bukele has completed his term will also be a lover of Bitcoin. If not, the beautiful picture that has been created of El Salvador will be rearranged to be the opposite, especially now that the opposition party of the currently ruling party is seeing Bitcoin being a legal tender in the country as something that is wrong and they have all turned racist. It's a gradual process; what Nayib Bukele has done for Bitcoin and its people will forever remain there, even if the next ruling government happens to be against it. A few people who understand Bitcoin better will continue to use it in every possible way that they can.

Nayib Bukele have made big changes in the country. Years back people fear to travel El Salvador and now he had changed the situation. Now tourism have been generating good revenue and more good things happening in the country in terms of economic upliftment as well as in terms of peace. I don't know how far its true, based on different data it is predicted that Nayib Bukele will once again come to power with good majority.

Nwada001

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Quote from: Bd officer on July 08, 2023, 10:37:45 PM

The country of El Salvador will one day be able to achieve their success with Bitcoin. El Salvador is truly an amazing Bitcoin country.

This could be achievable if the next person who is to come to power after Nayib Bukele has completed his term will also be a lover of Bitcoin. If not, the beautiful picture that has been created of El Salvador will be rearranged to be the opposite, especially now that the opposition party of the currently ruling party is seeing Bitcoin being a legal tender in the country as something that is wrong and they have all turned racist. It's a gradual process; what Nayib Bukele has done for Bitcoin and its people will forever remain there, even if the next ruling government happens to be against it. A few people who understand Bitcoin better will continue to use it in every possible way that they can.

stompix

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Quote from: Out of mind on July 09, 2023, 10:18:02 AM

🇸🇻 EL SALVADOR sets NEW RECORDS by INVESTING $ BILLION in #Bitcoin MINING ⛏. WOW!!
Some countries are not willing to waste time with #BTC!!
https://twitter.com/Techconcatalina/status/1677789721668341760?t=ZvNBXTh0o09HSOsyt7zw_Q&s=19

I can tolerate a lot of BS coming from Bukele's fans who gobble down a lot of vaporware but this is beyond my limits!
RECORDS?

It's a fucking S19j PRO, a 2021 96Th/s at 2832W, 30J/T
Riot buys M65++ , 254Th AT 5588w, 22J/T
Mara is paking S19XP , 151Th at 3247W 21.5J/T

And Salvador is going to set a record with a gear Bitmain doesn't sell anymore that is 50% less efficient than everything on the market now?
Do you know that the machine is losing money at 10 cents per kw while on average Salvador has its electric bill at 15 cents for its population?

Quote

CAESS reported that for the first block of the tariff schedule, the price is $0.155505 per kWh; for the second block, it will be $0.155567 per kWh, and for the third block, it will be $0.154197 per kWh, reductions of between 6.7% and 6.9% compared to the previous quarter.

Who the f* word is going to pay for your records?
And you guys still cheer up on this BS, you're seeing a small leap forward happening in front of you and you cheer like sheeple!

Aanuoluwatofunmi

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Quote from: Who is John Galt? on July 09, 2023, 08:49:53 AM

Bitcoin education program in El Salvador brings first results. Using the example of 18-year-old Gerardo Moran, Cointelegraph shows how one can grow from a low-paid construction worker with a salary of only $6 a day to a Bitcoin teacher. The Bitcoin education program is also supported by donors from all over the world who have already collected more than 1 BTC in total.

I believe very soon, there could be a development from El-Savador after it's bitcoin education program us well established and institutionized completely, they may move further to extend this bitcoin could education program to other countries and regions of the world to mark the presence of El-Savador free bitcoin education curriculum in schools, they can develop a means to train enumerators across the world being distributed to represent El-Savador in teaching schools pupils about bitcoin education on both private and government academic settings and Institutions.

Quote from: Out of mind on July 09, 2023, 10:18:02 AM

🇸🇻 EL SALVADOR sets NEW RECORDS by INVESTING $ BILLION in #Bitcoin MINING ⛏. WOW!!
Some countries are not willing to waste time with #BTC!!
https://twitter.com/Techconcatalina/status/1677789721668341760?t=ZvNBXTh0o09HSOsyt7zw_Q&s=19

Stalled news, it has been already discussed on this thread if you look into the previous pages before this one, you may just be getting informed on it now.

2Pizza410000BTC

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7 Months ago we reported from @AdoptingBTC conference in El Salvador 🇸🇻

Watch our interview with Mike Peterson who started the Bitcoin Beach project in El Zonte:

Tweet: https://twitter.com/BitcoinNewsCom/status/1678106106382434304?s=19

suzanne5223

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Quote from: Bd officer on July 08, 2023, 10:37:45 PM

El Salvador investing $1 billion into Bitcoin mining. Bitcoin price is expected to rise a lot in the next 1-2 years. The country of El Salvador will one day be able to achieve their success with Bitcoin. El Salvador is truly an amazing Bitcoin country.
[snip]

This is a good one by El Salvador. However, the price of Bitcoin will ascend with or without the El Salvador government's $1Billion BTC miner investment and the last time I checked the increase of miners does not directly influence the price of BTC. It only leads to competition in the mining setting, market sentiment, and network security which will technically reduce the network's computational power of some miners and indirectly influence the price of the BTC market.

n0ne

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Quote from: Litzki1990 on July 09, 2023, 09:00:12 AM

Quote from: Who is John Galt? on July 09, 2023, 08:49:53 AM

Bitcoin education program in El Salvador brings first results. Using the example of 18-year-old Gerardo Moran, Cointelegraph shows how one can grow from a low-paid construction worker with a salary of only $6 a day to a Bitcoin teacher. The Bitcoin education program is also supported by donors from all over the world who have already collected more than 1 BTC in total.

El Salvador isn't the only Bitcoin education launched in their country, there are many more Bitcoin-centric things going on in their country right now. At the moment El Salvador has given Bitcoin the most importance and they are constantly implementing their plans with Bitcoin. In this country, you can now use bitcoins for buying and selling various things. Special facilities are being offered to tourists in this country. Various coffee shops in this country are accepting Bitcoin payments and petrol pumps have now introduced Bitcoin payment systems. Gradually this country is getting dependent on Bitcoin and they are getting success through their operations. This country may come up with some new plans in the future.

As the country have adopted bitcoin into the country, running education programs and other services were something common. In many African countries there were more ways awareness is given by the bitcoin users amidst the government having a different approach on bitcoin. Even in our forum we were able to see good number of incidents through which awareness is spread around different countries. In one incident a bitcoiner on his own interest have started to accept bitcoin in a petrol station. When more common people can do this, government which is in favour of bitcoin isn't a big surprise.

lizarder

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Quote from: Litzki1990 on July 09, 2023, 09:00:12 AM

El Salvador isn't the only Bitcoin education launched in their country, there are many more Bitcoin-centric things going on in their country right now. At the moment El Salvador has given Bitcoin the most importance and they are constantly implementing their plans with Bitcoin.

What makes El Salvador special is that they have a special policy regarding legal bitcoin as a means of payment and they guarantee that this policy will not affect human survival on dependence on previous payment systems, so the presence of bitcoin is a solution for the diversity of people there in accepting new challenges. They prepared complete infrastructure before this was ratified nationally and even though at first they also faced opposition from parties that were against the government of Nayib Bukele.

The revolution succeeded in bringing legal certainty regarding the acceptance of bitcoin widely and until now they are quite developed, the tourism sector has also contributed state revenues with the hospitality of the bargaining value on bitcoin and everyone who comes there is impressed like enjoying a new life using the bitcoin payment system.

Quote from: Litzki1990 on July 09, 2023, 09:00:12 AM

In this country, you can now use bitcoins for buying and selling various things. Special facilities are being offered to tourists in this country. Various coffee shops in this country are accepting Bitcoin payments and petrol pumps have now introduced Bitcoin payment systems.

If it's just a matter of buying something using bitcoins, it doesn't get any special because many online stores now accept payments using bitcoins. In my opinion, legal certainty and guarantees are such an important process that El Salvador took, and Nayib Bukele's courage should be appreciated by other countries.

Bd officer

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#Bitcoin education is on the rise in 🇸🇻 El Salvador as #Bitcoin Core Developer, Peter Todd, explains the inner workings of an ASIC to CUBO+ students 👀🙌
Watch the here

Out of mind

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🇸🇻 EL SALVADOR sets NEW RECORDS by INVESTING $ BILLION in #Bitcoin MINING ⛏. WOW!!
Some countries are not willing to waste time with #BTC!!
https://twitter.com/Techconcatalina/status/1677789721668341760?t=ZvNBXTh0o09HSOsyt7zw_Q&s=19

Litzki1990

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Quote from: Who is John Galt? on July 09, 2023, 08:49:53 AM

Bitcoin education program in El Salvador brings first results. Using the example of 18-year-old Gerardo Moran, Cointelegraph shows how one can grow from a low-paid construction worker with a salary of only $6 a day to a Bitcoin teacher. The Bitcoin education program is also supported by donors from all over the world who have already collected more than 1 BTC in total.

El Salvador isn't the only Bitcoin education launched in their country, there are many more Bitcoin-centric things going on in their country right now. At the moment El Salvador has given Bitcoin the most importance and they are constantly implementing their plans with Bitcoin. In this country, you can now use bitcoins for buying and selling various things. Special facilities are being offered to tourists in this country. Various coffee shops in this country are accepting Bitcoin payments and petrol pumps have now introduced Bitcoin payment systems. Gradually this country is getting dependent on Bitcoin and they are getting success through their operations. This country may come up with some new plans in the future.

Topic: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 - page 53. (Read 40928 times)