El Salvador’s President @nayibbukele just said he believes the country’s adoption of bitcoin will lead to more opportunity for his citizens, which should reduce the number of people leaving the country and illegally immigrating to the United States.
“This is good for the US”
“This is good for the US”
“We’re big believers in the future.” - @nayibbukele
“When did our vision of the future change from something so beautiful to something so dystopia? We have to remember that we build our future.” - @nayibbukele
“Bitcoin is the main cryptocurrency in the world. It solves a lot of problems. There is no oversupply.” - @nayibbukele
“We not only want to support it [bitcoin], but we want to demonstrate that the world can benefit from it. El Salvador is not only a country anymore. It is a symbol of what bitcoin can do.” - @nayibbukele
“It is not that I’m a Bitcoiner or a bitcoin holder. It is that I think that this is a huge game changer. Not only for El Salvador, but for the whole world.” - @nayibbukele
El Salvador’s President confirms that citizens can use any bitcoin wallet that they want.
“As free as it gets.” - @nayibbukele
“As free as it gets.” - @nayibbukele
El Salvador’s President @nayibbukele confirms that @jackmallers and Strike will be building the government wallet as the country adopts bitcoin.
There are 20,000+ people listening directly from El Salvador’s President in real time as his country adopts bitcoin as legal tender.
El Salvador’s President is now describing geothermal energy sources from volcanoes that could be used for bitcoin mining within the country.
Energy would be cheap, 100% clean, 100% renewable power. Originally not for bitcoin, but now obvious it could be used for mining.
Energy would be cheap, 100% clean, 100% renewable power. Originally not for bitcoin, but now obvious it could be used for mining.
I asked the President what bitcoin community could do to help him & El Salvador as they adopt the digital currency as legal tender.
He essentially asked for support because he believes some people will attack the idea and effort.
Believes his action will be catalyst for others.
He essentially asked for support because he believes some people will attack the idea and effort.
Believes his action will be catalyst for others.
The President of El Salvador just confirmed that they will hold $150 million in a trust fund through their development bank.
That will be used to purchase bitcoin from citizens over time.
They are not ruling out the idea of holding bitcoin in their reserves in the near future.
That will be used to purchase bitcoin from citizens over time.
They are not ruling out the idea of holding bitcoin in their reserves in the near future.
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