El Salvador, that small country in Latin America, is giving an example of vision of the future by continuously buying Bitcoin. It has become the first country to accept bitcoin as legal currency. Quite an advance for the adoption of cryptocurrencies.
There are not a few opinions that say that it is crazy, that it is spending money on something that does not physically exist. And I wonder if the money we have in the bank exists.
On September 7, 2021, Najib Bukele , announced that he would convert Bitcoin into legal tender. A day to remember. For the first time, a country decided that there was another form of money, another option to pay for services. Since then El Salvador has become the center of attention of the world.
The adoption of Bitcoin as legal tender in El Salvador presents a number of potential opportunities:
A large part of the population of El Salvador is not part of the financial market and the state has tried to remedy this lack of access by buying Bitcoin and becoming part of the national reserves. It is the same thing that all countries do with their gold deposits, only in this case with cryptocurrencies.
Being a friendly country with cryptocurrencies is a very important claim for the entry into the country of investment companies in the field of cryptocurrencies. This increase in companies will produce an increase in GDP (Gross Domestic Product) and an increase in wealth.
Of course, everything is not good, it also has the danger of the high volatility that this type of product has. But without risk there is no benefit.
Najib Bukele , President of El Salvador, you have my full support.
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viewing ads and taking surveys
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Exchanges
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Cold wallets
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