Your Opinion about El Salvador Bitcoin adoption

[Freemind]

El Salvador is only a small country but its actions will have a big impact on the whole world, allowing other countries to reference and reap the positive impact of widespread Bitcoin adoption. I wish El Salvador success and no longer be controlled by the IMF through large debts in the future.

Correct, I agree with you, El Salvador has become the testing laboratory for Bitcoin. Many countries with similar economies are closely following what is happening in El Salvador with the possibility of applying the same law. El Salvador is a small country as we already know, but the step it has taken is gigantic by daring to adopt Bitcoin within its economy. I hope that El Salvador's economy improves and that other countries take note of such a brave and pioneering decision.

[Afony]

This is a very good decision that another state has believed bitcoin, from this it will be worse in their country, and bitcoin will develop and improve its developments. We will monitor what happens next with this implementation.

[Callisto]

Perhaps with this decision, the authorities of El Salvador want to bring investments into the country through cryptocurrency, thereby helping their economy, but we all know that the blockchain is almost impossible to regulate, I don’t think this will benefit the economy. As a solution for the cryptocurrency hype in the country, it is excellent, but we'll see what comes of it.

[Freemind]

Perhaps with this decision, the authorities of El Salvador want to bring investments into the country through cryptocurrency, thereby helping their economy, but we all know that the blockchain is almost impossible to regulate, I don’t think this will benefit the economy. As a solution for the cryptocurrency hype in the country, it is excellent, but we'll see what comes of it.

Regulating cryptocurrencies, or one of them, as in this case is Bitcoin, can be difficult, but not impossible. The decision made by the president of El Salvador, a decision that not all citizens liked, seems brave and risky at the same time. But we must bear in mind that if risks are not taken, benefits or improvements in a society cannot be obtained. The beginnings are always slow and difficult, the government of El Salvador needs time to be able to continue working.

[DAMKAR]

Let us talk about the recent Bitcoin adoption of El Salvador.

President Bukele has touted BTC adoption as a way to facilitate remittance payments from citizens living overseas and lessen reliance on the U.S. dollar which has been the national currency since 2001

What is your thoughts about the action taken by President Nayib Bukele? Do you like it or not ? Why?

I think It's good, and really good news , El Salvador allow and adopt bitcoin.
I hope more countries will accept bitcoin and crypto too.

[Freemind]

I think It's good, and really good news , El Salvador allow and adopt bitcoin.
I hope more countries will accept bitcoin and crypto too.

Until there is clear evidence that the adoption of Bitcoin in El Salvador has made improvements in the economy and society of the country, I believe that there will be no more countries interested in taking the step. Now, many countries with economies similar to El Salvador's are closely monitoring how the country is changing, waiting for such evidence. If over time there are improvements in the country, other countries could adopt Bitcoin after El Salvador has served as a testing laboratory.

[legend45]

Let us talk about the recent Bitcoin adoption of El Salvador.

President Bukele has touted BTC adoption as a way to facilitate remittance payments from citizens living overseas and lessen reliance on the U.S. dollar which has been the national currency since 2001

What is your thoughts about the action taken by President Nayib Bukele? Do you like it or not ? Why?

Any news update about El Salvador now? I think El Salvador is  good thing for crypto world.
But I don't know what happens there after adopted bitcoin me crypto

[Freemind]

Any news update about El Salvador now? I think El Salvador is  good thing for crypto world.
But I don't know what happens there after adopted bitcoin me crypto

No news or reports yet, but it's normal, it's very soon. I suppose that the government headed by Nayib Bukele needs a long time to be able to make statements about the impact of Bitcoin on the country's economy. There are many parameters that the government must investigate to inform its country and the international community, which is very interested in the adoption of El Salvador, so I think we will have to wait a while before knowing official statements, but I hope they are statements positive for the government and citizens.

[masudginanjar]

The better, the more countries that adopt Bitcoin and this is a new adventure. Bitcoin can be at the top of a super good and luxurious realm because I am sure that one day Bitcoin can be adopted by various countries.
Not only El Salvador but I'm sure all countries in the world also have a more dominant ability to own Bitcoin, but unfortunately they are too cruel to admit that this country already has a lot of Bitcoin.
Because , i think this is depends with regulations in other country . Correct me if im wrong .

[alltalk]

Any news update about El Salvador now? I think El Salvador is  good thing for crypto world.

Indeed. It is a good thing. No doubt if El Salvador makes every government in the world think about the alternative of their national currency and also consider the potential in Bitcoin investment for their country. I don't know if El Salvador to bring big impacts, but it really makes the market have positive signs.

[LUCKMCFLY]

My opinion about BTC in El Salvador is very good, knowing that many people are against BTC, they are blaming their president for losing a lot of money, money that they say belongs to Salvadorans, of course, this is because the price of BTC has gone down and therefore the value in Fiat is lower, but what very few recognize is that El Salvador is the only country that did not take into account any of the threats by the World Bank, and other organizations, this does for me the freest country in the world, and that is well above the thinking of some European countries and the USA.

[kent47400]

I like what the President of El Salvador, Nayib Bukele, is doing because he is the one who is able to adopt Bitcoin for his own country for the good of the future and this is a very sensitive thought.
I will feel this to be the greatest gift in the future because Bitcoin is a digital asset that is more valuable than any other for the country of El Salvador and I will be very grateful to Nayeb Bukele.

[therozaq]

I like what the President of El Salvador, Nayib Bukele, is doing because he is the one who is able to adopt Bitcoin for his own country for the good of the future and this is a very sensitive thought.
I will feel this to be the greatest gift in the future because Bitcoin is a digital asset that is more valuable than any other for the country of El Salvador and I will be very grateful to Nayeb Bukele.

I still wait about El Salvador update news.
What about bitcoin effect at their economic.
I also hopefully our country and other country will adopt bitcoin.
If the government allow and adopt bitcoin and crypto, I think It will have good effect for crypto market.
Bitcoin is legalized in India, although the government take the tax, but I think It's good for crypto investors there.

[Lanirex]

I like what the President of El Salvador, Nayib Bukele, is doing because he is the one who is able to adopt Bitcoin for his own country for the good of the future and this is a very sensitive thought.
I will feel this to be the greatest gift in the future because Bitcoin is a digital asset that is more valuable than any other for the country of El Salvador and I will be very grateful to Nayeb Bukele.

The adoption of Bitcoin by the El-savdor government is indeed very good, this may be the beginning of the beginning of Bitcoin being adopted by many other countries. This also proves the positive development of Bitcoin, I want news like this to spread to social media, so that more people know and believe in Bitcoin.

[LUCKMCFLY]

I like what the President of El Salvador, Nayib Bukele, is doing because he is the one who is able to adopt Bitcoin for his own country for the good of the future and this is a very sensitive thought.
I will feel this to be the greatest gift in the future because Bitcoin is a digital asset that is more valuable than any other for the country of El Salvador and I will be very grateful to Nayeb Bukele.

The adoption of Bitcoin by the El-savdor government is indeed very good, this may be the beginning of the beginning of Bitcoin being adopted by many other countries. This also proves the positive development of Bitcoin, I want news like this to spread to social media, so that more people know and believe in Bitcoin.

What I like most about El Salvador is that people have it and some jobs pay for it in BTC, in addition to being supported by the government system, for me Bukele is a teacher, he is the only president in the world who did not stop him to any regulation or threat from international organizations, in reality this is very good, it is also an example for the other countries of Europe and those where their economy is much more stable than any other.