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Author Topic: Bukele Wins Re-election in El Salvador, Vows for Bitcoin Push  (Read 302 times)

Offline TomPluz

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Bukele Wins Re-election in El Salvador, Vows for Bitcoin Push
« on: February 06, 2024, 03:24:45 PM »
Quote
Bukele’s re-election victory is a testament to El Salvador’s overwhelming support for his decisive crackdown on gang violence. El Salvador’s president, Nayib Bukele, known for his support for Bitcoin, declared victory in the 2024 presidential election on Sunday before the official announcement of results by the electoral body.

President Bukele had won 85% of the votes in the election. He announced victory before the official result was released, claiming he got more than 85% of the votes.

The landslide victory came despite international concerns over El Salvador’s democracy under Bukele. Voters instead focused on Bukele’s policies tackling gang violence and adopting Bitcoin as legal tender.



Source: https://www.cryptotimes.io/bukele-wins-reelection-in-el-salvador-vows-for-bitcoin-push/




As expected, President Nayib Bukele of El Salvador made a very heavy landslide victory in its election held the other day. With 85% of the votes, he got a big mandate and an approval of his many policies focusing on gang violence and support for Bitcoin as country's legal tender. I am happy with his win and I am sure many Bitcoin supporters feel the same thing too. Certainly, we can be sure that there will be more developments centered or related to cryptocurrency from this small country and be the leading example of how a country can use Bitcoin to its economic advantage.





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Bukele Wins Re-election in El Salvador, Vows for Bitcoin Push
« on: February 06, 2024, 03:24:45 PM »

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Offline Don Pedro Dinero

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Re: Bukele Wins Re-election in El Salvador, Vows for Bitcoin Push
« Reply #1 on: February 06, 2024, 05:23:43 PM »
If Bukele has managed to withstand the bear market for bitcoin, there is no turning back now. With his re-election and the more than likely imminent bull market, he will continue his policy even more resolutely. It remains to be seen whether this also encourages greater use in the country, as it is quite low, but I would bet that if there is an increase in use it will be slow, as price volatility can be a deterrent especially for ordinary people to use it on a daily basis.
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Offline Lucius

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Re: Bukele Wins Re-election in El Salvador, Vows for Bitcoin Push
« Reply #2 on: February 06, 2024, 05:48:58 PM »
Given that Bitcoin is not very popular among the population of El Salvador, we can say that Bukele won the presidential elections again because he put 1% of the population of his country in prison without any trial and respect for human rights. Although it is claimed that it is only about gang members, who says that his political opponents did not also end up in prisons?

I'm really interested in how many voters with the right to vote actually went to the polls, because sometimes a victory doesn't have to look like a victory if you're supported by less than 50% of the voters with the right to vote.
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Re: Bukele Wins Re-election in El Salvador, Vows for Bitcoin Push
« Reply #3 on: February 06, 2024, 06:20:52 PM »
I don't really know what is going on in El Salvador and if their electoral process is free and fair, but congratulations to Bukele and if he won the election because he tackled gang violence in the country, then that is good for his people, but take note that i don't live in El Salvador and the situation exposed to the media could be different from the situation on ground.

His re-election is also great for BTC adoption in the country, Bukele and his government would continue to make policies for BTC growth and development in the country.
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Offline Aanuoluwatofunmi

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Re: Bukele Wins Re-election in El Salvador, Vows for Bitcoin Push
« Reply #4 on: February 07, 2024, 01:58:20 AM »
No country or people that ha e the interest of the nation building and see the opportunity of having someone like nayib bukele as president and never wish for his re-election I to office the second time, right from bitcoin adoption down to other numerous achieved ments that have been observed with El-salvador's economy development and the wellbeing of the great people of El-salvador, there have been a lot to talk about whenever it comes to their Bitcoin adoption because the people never had a better yesterday ever since then.

Offline Charles-Tim

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Re: Bukele Wins Re-election in El Salvador, Vows for Bitcoin Push
« Reply #5 on: February 07, 2024, 07:23:25 AM »
I only see this thread as a duplicate. A day before, a thread of the same propose as this was created on the same board which is news related to crypto.

Bukele won again - Bitcoin is continuing to win to everyone...

Let us try and go through a board and also make use of search engine before posting something like this.
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