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Strike Drives Bitcoin Forward as El Salvador Becomes World’s First Country to Adopt Bitcoin as Legal Tender
Business Wire ^ | 06/05/21 | Victoria Reynolds

Posted on 06/05/2021 7:28:18 PM PDT by Enlightened1

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1 posted on 06/05/2021 7:28:18 PM PDT by Enlightened1
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To: Enlightened1

“Credits” in your account, “credits” out of your account. All perfectly safe and effective. Just like THE 💉😉.


2 posted on 06/05/2021 7:38:32 PM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this?)
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To: Enlightened1

So what? It is a virtual currency, dependent upon access
to the internet. El Salvador? You’re kidding. One in three have internet access there. When you cannot hold your money and have access to it in your hand, it is controlled by those that do. So electricity is also available 24/7? So what?


3 posted on 06/05/2021 7:41:59 PM PDT by Fungi
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To: rktman

Haha!

It’s A LOT more secure than the pen.


4 posted on 06/05/2021 7:47:32 PM PDT by Enlightened1 ( )
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To: algore; aMorePerfectUnion; amorphous; Andyman; ARGLOCKGUY; abishai; battletank; ...

Ping!

If anyone would like to join the Crypto Ping List, pm me.


5 posted on 06/05/2021 7:49:56 PM PDT by aMorePerfectUnion (“Old wood best to burn, old wine to drink, old friends to trust, and old authors to read.” )
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To: rktman

Do you keep all your savings and assets in physical bullion buried in the backyard?

This really isn’t any different than the electronic ledgers at any bank or brokerage where you keep your money. It’s all bits and bytes.


6 posted on 06/05/2021 7:51:29 PM PDT by ProtectOurFreedom (“A free and open Internet is 'an essential human right in modern society'” -- Twitter)
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To: Enlightened1
Advantages of Bitcoin Payments
7 posted on 06/05/2021 7:52:26 PM PDT by Enlightened1 ( )
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To: Enlightened1
If El Salvador protected the privacy of bank accounts from income tax evasion inquires from other countries and protected Anonymous Bitcoin accounts they'd soon be rolling in more capital than they would know what to do with. More than enough to weather the leftist attempts to get them to stop.
8 posted on 06/05/2021 8:00:15 PM PDT by Nateman (If the Left Is not screaming , you are doing it wrong..)
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To: Enlightened1

El Salvador - now there’s a vote of confidence that makes me want to run and a s squander my hard earned on their new currency.


9 posted on 06/05/2021 8:01:39 PM PDT by NWFree (Somebody has to say it)
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To: Enlightened1

Not to mention China just kicked it to the curb.


10 posted on 06/05/2021 8:04:40 PM PDT by NWFree (Somebody has to say it)
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To: NWFree

It’s called adoption and it’s happening.

You think El Salvador will be the only country?

Haha!


11 posted on 06/05/2021 8:05:17 PM PDT by Enlightened1 ( )
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To: NWFree

No they did not.

That’s fake news.

In China anyone can mine Bitcoin. However, if you use Bitcoin they you have show your ID.

I know I know you saw the headlines in the news. So it must be true. It’s an old trick they use to drive down prices and keep people away.

If China or any nation could get rid of it, then it would have already happened. They cannot and this is why it’s still around.

Banning it makes it work for Chinese Yuan.


12 posted on 06/05/2021 8:08:41 PM PDT by Enlightened1 ( )
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To: NWFree

China just wants to be able to control and monitor it. They don’t much care for their people being able to exchange money without them knowing.


13 posted on 06/05/2021 8:11:44 PM PDT by Bones75
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To: Fungi

I imagine the drug cartels are very happy. Wonder how much they greased the skids to get this to happen.


14 posted on 06/05/2021 8:20:56 PM PDT by oldvirginian (Shut up and sing, shut up and dribble, shut up and play, shut up and act...just SHUT UP)
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To: Enlightened1

Today El Salvador, tomorrow the world. LOL


15 posted on 06/05/2021 8:21:20 PM PDT by devere
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To: Fungi
When you cannot hold your money and have access to it in your hand, it is controlled by those that do.

I prefer to pay for a loaf of bread with a wheelbarrow full of government fiat currency.

16 posted on 06/05/2021 8:23:53 PM PDT by E. Pluribus Unum (Biology is science. Homemade pronouns are narcissism.)
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To: ProtectOurFreedom

Hard assets. A.M.M.O. 😂🙌


17 posted on 06/05/2021 8:30:14 PM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this?)
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To: Fungi

This is about as meaningful as saying El Salvador started usung sea shells as currency.


18 posted on 06/05/2021 9:18:35 PM PDT by BiglyCommentary
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To: Enlightened1

I guess Kameltoe running point on the illegal invasion not-a-crisis is paying off! She keeps yapping about fixing the problems in Central America. Giving refugees bitcoin must be so much easier than something crazy like protecting the southern border and enforcing the law, guess it’s a Kalifornia thing.


19 posted on 06/05/2021 11:01:33 PM PDT by No_Mas_Obama
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To: Enlightened1

“This is the shot heard 'round the world for Bitcoin.

Could be... One if by land... two if by sea...

20 posted on 06/05/2021 11:05:52 PM PDT by GOPJ (Democrats say blacks are too stupid to get an ID to vote. Is that insulting or what?)
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