El Salvador

Meeting for mass adoption in El Salvador

By Tirria | Doggy Talk's Reflections | 19 May 2022


The news jumped into our hands a couple of days ago through the Twitter of Nayib Bukele, president of El Salvador, 32 Central Banks and 12 financial authorities (44 countries in total) are meeting these days in El Salvador to discuss financial inclusion , digital economy, the deployment of Bitcoin and its benefits.

El Salvador will be the home of the largest crypto summit ever held in the world. With hundreds of officials and leaders from 44 different countries, the main keys are the benefits and deployment of BTC in the American country.

The attending countries are mostly developing countries that intend to see and understand how the implementation of BTC and Blockchain technologies affect the country and its economy and development in order, of course, to start taking their first steps in their corresponding territories. 

 

The attending countries are:

  1. Banco Central de São Tomé e Príncipe
  2. Banco Central del Paraguay
  3. Banco Nacional de Angola
  4. Bank of Ghana
  5. Bank of Namibia
  6. Bank of Uganda
  7. Banque Centrale de la République de Guinée
  8. Banque Centrale de Madagascar
  9. Banque de la République d'Haiti
  10. Banque de la République du Burundi
  11. Central Bank of Eswatini
  12. Ministry of Finance of Eswatini
  13. Central Bank of Jordan
  14. Central Bank of The Gambia
  15. Comisión Nacional de Bancos y Seguros de Honduras
  16. Direction Générale du Trésor, Ministère des Finances et du Budget, Madagascar
  17. Maldives Monetary Authority
  18. National Bank of Rwanda
  19. Nepal Rastra Bank
  20. Sacco Societies Regulatory Authority (SASRA) Kenya
  21. State Bank of Pakistan
  22. Superintendencia General de Entidades Financieras de Costa Rica
  23. Superintendencia de la Economía Popular y Solidaria de Ecuador
  24. Banco Central de El Salvador
  25. Central Bank of Egypt
  26. Central Bank of Jordan
  27. Central Bank of Nigeria
  28. Ministère de l'Economie, des Finances et du Plan du Sénégal
  29. Superintendencia de Bancos de la República Dominicana
  30. Banque Centrale de Mauritanie
  31. Banque Centrale du Congo
  32. Central Bank of Armenia
  33. Bangladesh Bank
  34. Banco de Moçambique
  35. Bank Al-Maghrib (Morocco)
  36. Bank of Sierra Leone
  37. Bank of Zambia
  38. Central Bank of Lesotho
  39. Central Bank of Liberia
  40. Central Bank of Sudan
  41. Financial Regulatory Commission of Mongolia
  42. Ministry of Finance, Zambia
  43. Palestine Monetary Authority
  44. Reserve Bank of Malawi

This event, as we say, could be the new push that is expected within the crypto community to force the long-awaited massive adoption.

According to Bukele, "Bitcoin could have a much greater impact on the economies of developing countries, since in these countries people do not buy BTC to seek profit but to maintain economic freedom and independence from the major world currencies." and added a little dart "This is something that the colonizers of the IMF will never understand"

 

 

The great absentee from this meeting will be the Central African Republic (CAR), which a few weeks ago finally became the second country in the world to adopt Bitcoin as legal tender.

 

After this meeting, it is only a matter of time before the third country arrives, perhaps more than one, to make BTC legal tender in its region.

 

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Tirria
Tirria

Estudioso y fanático del mundo crypto y la tecnología blockchain. Me encanta la cocina, la naturaleza, los cultivos de cualquier tipo, animales y la vida sana. Culo inquieto manquepierda!!


Doggy Talk's Reflections
Doggy Talk's Reflections

Reflections on life, love, society ... Diary of a sane philosopher on a crazy planet

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