El Salvador President Nayib Bukele updated his Twitter profile pic to include bitcoin laser eyes on 6 June, 2021

El Salvador's President announces adoption of Bitcoin as legal tender, Paraguay and Panama show their support.

By Keerthi Ravipati | keerthi_crypto | 8 Jun 2021


Did crypto investors find a new home? It looks like they do, we do...

While a few people are influencing the crypto markets by calling it 'scam' and other things, there is a country that came forward to adopt Bitcoin as legal tender and currency.

This week, we have received one of the amazing news from Nayib Bukele, the president of a Central American country, El Salvador.

Amidst all the Elon Musk's controversial tweets and Donald Trump calling BitCoin a scam, BitCoin has slumped and so does many altcoin currencies. This pushed millions of Crypto investors into losses and it won't be exaggerating when I say, this might have pushed many people to edge of bankruptcy. 

I heartfully welcome the news that a nation has now came forward to support and adopt the future of the world. While some say that this is just one small country now, but as Lao Tzu once said,

A journey of thousand miles starts with single step.

Lao Tzu

 

Multiple leaders from Brazil, Argentina, Paraguay, Panama have also hinted their support for adoption of Bitcoin. 

 

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keerthi_crypto
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