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Author Topic: Your Opinion about El Salvador Bitcoin adoption  (Read 10101 times)

Offline shadowdio

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #90 on: January 09, 2022, 03:59:06 AM »
In my opinion it is not bad for the country to adopt bitcoin but encouraging people to get into bitcoin especially those have not knowledge about it, I think it's not good idea. President should not encouraging to people to buy bitcoin because there is possibility that their economy will go down.

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #90 on: January 09, 2022, 03:59:06 AM »

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #91 on: January 09, 2022, 07:19:06 AM »
In my opinion it is not bad for the country to adopt bitcoin but encouraging people to get into bitcoin especially those have not knowledge about it, I think it's not good idea. President should not encouraging to people to buy bitcoin because there is possibility that their economy will go down.

Agree, I think It's good if there is country that adopted bitcoin as their payment method.
But I don't believe It will success. So let's wait

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #92 on: January 10, 2022, 10:24:03 AM »
That's what I was thinking about today too. Bitcoin dropped likea rock in the past 24 hours, what effect will that have on their economy?

I suppose (and hope) that the government of El Salvador has taken into account all the possible scenarios that the country's economy could face. President Nayib Bukele said a few days ago that they were buying more Bitcoins, so I think they have no problems at the moment, and it is also worth remembering that the sovereign currency of El Salvador (Colón) is still used at the same time as Bitcoin, so the fall in the value of Bitcoin should have minimal influence.
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Offline TanzeelHussain

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #93 on: January 10, 2022, 12:21:37 PM »
my opinion about El is good. El Salvador Bitcoin is very nice cryptocurrency, i think it will go up day by day. all cryptocurrency is near future rise again and my opinion about El Salvador Bitcoin is positive and will grow near future

Offline saprakib

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #94 on: January 10, 2022, 04:24:31 PM »
I am still getting confused though the news is old .I don't know how much step taken by the president concern to use btc .I think there are many things to think like scam ,the bear momentum ,poor people ability ,avoid the the sudden incident .He has to face everything i mention .I think its a huge process what should he follow before using it as a currency but still the country has  fail tom confirm it .I think the world turning into the blockchain so that they have huge opportunity to take the advantages .I think they will take every step to firmly using the currency .Hopefully they will able to do it .
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Offline EthereumDev_

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #95 on: January 13, 2022, 07:25:29 AM »
el savador is a country that is desperate to accept payments using bitcoin and of course this will have a good influence on the price of bitcoin which can increase the price if bitcoin is used in many countries, because the more countries that use the higher the demand for bitcoin and the higher the price of bitcoin.

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #96 on: January 13, 2022, 08:53:31 PM »
As El Salvador is a very small and very backward country, I don't think it's a very important place for Bitcoin. It would have made a bigger impact if bigger countries were mentioned instead of El Salvador.

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #96 on: January 13, 2022, 08:53:31 PM »


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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #97 on: January 14, 2022, 01:34:17 PM »
Let us talk about the recent Bitcoin adoption of El Salvador.

Quote
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?

Always be good topic, If we talk about elsavador
Because It's good thing for crypto space.
Hopefully other countries also adopt crypto soon.


Offline Cakra bumi212

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #99 on: January 17, 2022, 10:09:35 AM »
although there are many pros and cons to the country's decision, hopefully this can pump up the price of Bitcoin to be able to rise this year to its highest point of breaking back $90 thousand
[

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #100 on: January 17, 2022, 11:09:03 AM »
As El Salvador is a very small and very backward country, I don't think it's a very important place for Bitcoin. It would have made a bigger impact if bigger countries were mentioned instead of El Salvador.

You could have said that it is a developing country, it is not necessary to speak using those words of any country. I do not agree with you. It is normal for Bitcoin to be used by developing countries, that opens the doors to other countries with similar economies. The history of cryptocurrencies has always been like this. Who used Bitcoin first, ordinary people or big companies?. We all know the answer, and that's how things start, from the bottom.
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Offline kirshna01

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #101 on: January 31, 2022, 07:51:51 PM »
In my opinion, the adoption of bitcoin by El Salvador is a commendable step, it will increase the utility of bitcoin and any country will also follow it and a digital platform will be created all over the world.
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Online KryptoBull

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #102 on: January 31, 2022, 10:00:20 PM »
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.

Offline Egg_burger

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #103 on: January 31, 2022, 11:06:58 PM »
It was a bold move, but we all know fortune favors the brave. IML are not happy though and it's a risky to have a confrontation with them... Long term I think it will pay off, but the volatility is going to cause a lot of instability in the short term.

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Re: Your Opinion about El Salvador Bitcoin adoption
« Reply #104 on: February 02, 2022, 06:46:41 PM »
Is there any news about what the situation is like at the moment? The situation in El Salvador with Bitcoin, that is.

 

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