Your Opinion about El Salvador Bitcoin adoption

[hair]

I think this is a positive step, btc has started to be trusted as a legal payment by el savador. this proves that crypto has been accepted by the wider community

[mlawson71]

I think it will very much matter how it works out, now that the law has been implemented. Any major problems would be for the whole world to see.

[Master107]

I think this is a positive step, btc has started to be trusted as a legal payment by el savador. this proves that crypto has been accepted by the wider community

Yeah, despite of market volatility. El Salvador is the first ever country that legally embrace Bitcoin. Now the adoption may slowly move forward and make the world into BTC one day. Wider and wider is very possible which actually some countries are studying to follow El Salvador brave action.

[I-Bit]

Why not?
Although many parties may doubt their decision, say that they force their citizens to do that and the decision is not wise enough, but for me personally, they are good n deciding this.
Although they are actually very risky taking this decision, the Bitcoin adoption really needs something brave decision. They may face a very hard situation but they can walk along the day, and hopefully many more people can stay with this

[Google+]

maybe at this time el savador is too brave to start accepting bitcoin because until now bitcoin will be increasingly difficult to get bitcoin, el savador if it still survives it will get a lot of profit because the price of bitcoin from year to year has started to show price increases. el savador has read the price movement.

[alltalk]

maybe at this time el savador is too brave to start accepting bitcoin

We must appreciate what El Salvador and President Nayib have done to the Bitcoin and crypto industry. They trust Bitcoin and made a brave decision for the country. It is something that never happened for many years. Now, with El Salvador decide to make Bitcoin be a legal tender and start a big project of mining, I am pretty sure that Bitcoin has a great & bright future. Just wait for the time that more countries make Bitcoin be a legal tender as well.

[hair]

Yeah, despite of market volatility. El Salvador is the first ever country that legally embrace Bitcoin. Now the adoption may slowly move forward and make the world into BTC one day. Wider and wider is very possible which actually some countries are studying to follow El Salvador brave action.

this was a revolution that led to the pros and cons of the el-Salvador state. how about your country mate? whether bitcoin will be adapted as a means of payment?

[Zezari]

Of course, it is very good news that there are still countries that want to accept bitcoin into their economy. That's just how other countries will relate to this, whether they will support this adoption or they will use it internally.

[Alcor]

The decision, of course, is a bold one. But we cannot yet say how this experiment with the adoption of bitcoin as the national currency in El Salvador will end. If the situation in this country does not improve, or there are any disruptions with Bitcoin, this could negatively affect the entire cryptocurrency. In addition, it must be assumed that El Salvador will now not receive financial assistance from international financial structures precisely because of the adoption of bitcoin as a national means of payment. They will only be happy if the situation in El Salvador gets worse. While it is necessary to monitor the development of the situation in this country.

[Centus]

I think El Salvador's cryptocurrency has helped them take their country one step further by approving bitcoin transactions. I think the approval of Bitcoin in any country will lead the economy of that country to improve at least a little bit. In other words, if bitcoin is allowed in middle-income countries, then those countries are the best in the world. So I think the decisions made by El Salvador have been properly considered. Because bitcoin transactions will make their country's economy and commercial transactions much easier.

[dekafee79]

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?

Hopefully other countries also will adopt bitcoin and crypto such as elsavador.
I see elsavador might a pioneer , but We should see. They will success or failed.
Because I see many countries still blocked bitcoin and crypto currency.

[Sumi]

I think it is an interesting experiment, but Bukele is also the kind of politician who threatened his parliament with the military to get laws passed. What his motivations are for this is pretty nebulous, in my opinion.

[Seerge]

I think it's pretty good, and could make bitcoin's name rise in many countries. The latest news from El-Salvador is that the country accepts school payments with Bitcoin, which is quite remarkable.  I would like to see this happen in other major European and American countries.

[mlawson71]

If El Salvador proves to be successful with this implementation of Bitcoin, I have little doubt that other countries will do the same sooner or later. All eyes are on them now though.

[Alcor]

If El Salvador proves to be successful with this implementation of Bitcoin, I have little doubt that other countries will do the same sooner or later. All eyes are on them now though.

I do not think that developed countries will follow El Salvador in accepting bitcoin as a national currency. Salvador is experimenting because he has to survive. It takes much more time to say something specifically about the success of such a solution. In addition, you need to see how price swings and a sharp and prolonged decline in the price of bitcoin will affect the state of the economy of El Salvador. After all, there will certainly be such periods. The bear market will never fail