El Salvador made bitcoin a legal currency. Now it gets interesting | Beyond The Valley

El Salvador made bitcoin a legal currency. Now it gets interesting | Beyond The Valley




El Salvador is the first country to declare bitcoin legal tender. But the experiment raises big questions about what will happen next — for bitcoin and the country …

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34 Comments

  1. Last year was a good year everyday we see improvement in trading ,,,Glad i invested right… I have made more than i expected..its 2021 let's make more morning

  2. I am a Salvadoran who has followed things very closely. There seem to be several misconceptions and misunderstandings by many foreigners who do not know the country and its politics very much.

  3. <<There's no doubt in my mind that we are not only going bull, but BTC is going nuclear. A lot of people are wondering if now is a good time to buy because of where the price is at right now. I'd say it's outrightly wrong to just sit back hodl and wait maybe incur some losses along the line, that's a wrong mindset for an investor because as an investor finding ways to always increase and stack up more coins thereby making prof!ts should be the way of lifeThat being said, the market is still all about BTC at the moment and I’ll advise current investors and newbies to take advantage of James Robeson program, a pro trader who runs a training program for investors/newbies who lack understanding on how trading Bitcoin works, to help them recover loss from the crash and also accumulate more bitcoin, with his program i went from having 1.3btc to 9.8btc in just 5 weeks. You can reach him on TE LE GRAM (@ James8841)and What's– application (+4917662729474 ,let’s make the best of whatever we can.

  4. She is a little bit negative about El Salvador and or probably not aware of the work the government is doing so the volatility don’t impact people.

    And also the real list of corrupted people is the one the government has not the one the US has which is based on newspaper reports .

  5. Bitcoin hardcore community never trust the gov monetory system… They will fight for the bitcoin survivability alongside with gold… They wont let another authoritarian China emerges who could ban anything without peoples negotiation..

  6. Peer to peer waytogo people of the world since VACCINES PASSPORTS seem to be THE NEW FIAT PRODUCT!!
    In FREE MARKET you do not have to market EXCELLENT products-word of mouth will sell it. The vaccine product & fiat debt system do not sell for real people, not even under force. Free market money is light years ahead. Sorry guys in fiat and vax. You are losing at least 5 billion people of the world who can continue outside your system.

  7. You guys trip me out. The law says they can not refuse a bitcoin payment, but switch it back into USD when they receive and process the transaction.

    Not only is this the rebrand of El Salvador, but they also feel inflation way more than The USA does.

  8. <Extremely point by point video ? Well I will also say this here, Most people don't understand the concept OF "buying the dip" buying the Dip is all about buying digital assets when their prices are down and selling off when the price rises just as the current market is down. Holding is great, Although trading is far more profitable. I was able to grasp the knowledge of trading crypt0 assets early enough, but I was still limited due to my lack of technical under standing of how to analyze the digital market, All that changed when I encountered Edward James Services, I must confess it was easier to understand with the assistance of Edward James and till now he has made me over 16ʙᴛᴄ. This is his details on TE LE GRAM<< @Edwardjames022>> for his assistance on strictly crypto related >>

  9. There are absolutely way better, sustainable, greener, less expensive cryptos that do way better job in being the means of payment. Bitcoin is outdated. Look up HEDERA HASHGRAPH yall (HBAR). If you invest in it now thats like investing in Bitcoin in 2012-2014 😉 thank me later when you become a millionaire ?????

  10. Why is no one talking about the fact that Bitcoin can take up to 2 HOURS for a single transaction? You'll never buy groceries in Bitcoin… A stablecoin would have made so much more sense.

  11. The USA will do everything possible to bring chaos, violence and instability in elsalvado, Bitcoin if adopted by many countries will bring down the US dollar as the world reserve currency, USA won't allow that, expect chaos in elsalvado, they will put sanctions on elsalvado, pressure other countries to sanction elsalvado, they fear elsalvado proving that Bitcoin is a good currency

  12. Look you two dingleberries, the business owners can convert it immediately. So, everything your just said is pointless. This why “mainstream” news is such a joke.

  13. I think digital currencies will rule the financial market but not Bitcoin, I think CBDCs will dominate this market. However, bitcoin will coexist.

  14. El Salvador needs to initiate a Bitcoin educational program for its unaware citizens to teach them about BTCs 4-year market cycles and accompanying (normal) volatility. When to buy and when to sell, how to operate your own node to confirm transactions are but several chapters that can be covered in a single YouTube video that’s not meant to mislead the viewer into thinking Bitcoin is bad for the poor foreigner.

    On the same note, CNBC needs to launch a Bitcoin educational program for all its employees such as this misinformed gentlemen here. This is best for both content creators and viewers to maintain credibility and trust within the media-sphere.

    What happens when all of the current viewers find out CNBC was not right about Bitcoins past, present, and future ??

  15. hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

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