Bitcoin in El Salvador #6: This Tiny Central American Nation Marks the Beginning of Greater Trend

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    brennanhm

    Published on Jan 07, 2022
    About :

    Hello fellow HIVErs and LEOFinancers,

    I hope these early days of January are treating you well. The Pacific coast of El Salvador is set for sunny skies and a high of 29 degrees today. Great weather not only for surfers, but beach goers and poolside dwellers too.

    A few days ago, the president of El Salvador, Nayib Bukule, made a prediction via Twitter that two more countries will adopt Bitcoin as legal tender in 2022.

    nayib_tweet.jpeg

    His prediction makes sense, because at this point the traditional financial system is barreling out of control, and there's no way to bring it back onto the rails. There needs to be a reset, and Bitcoin and crypto are here to bring accountability and transparency back to the financial world.

    El Salvador has made the bold move to be the first nation to adopt Bitcoin as legal tender. They have opened their borders to crypto tourists and investors alike, which is not only going to spur economic activity in the country, but lead to futher development as well.

    Other struggling nations will be paying close attention to what's going on in this tiny Central American nation, and follow suit when the success of El Salvador's "experiment" becomes apparent. It only starts here, but will spread quickly to other parts of the globe.

    May I be so bold as to predict that three or four more countries make Bitcoin legal tender this year.

    Until next time, remain optimistic, because even during these temporary market drops, the groundwork is being laid for the new financial system.

    How many countries do you think will adopt Bitcoin as legal tender this year?

    Tags :

    bitcoin elsalvador adoption payments

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