Yes To Bitcoin! No To CBDC! (Part 9: El Salvador)

Unlike any other righteous leaders, President Nayib Bukele approves Bitcoin as an unrestricted legal tender and puts El Salvador on the map.

Their Bitcoin Law states there is a Trust Fund exclusive for Bitcoiners while their central bank continues to manage USD as their fiat currency.

Bukele understands Bitcoin is an evolution of money filled with a set of decentralized rules without rulers.

There is no need to trust someone or anyone even him. There is no need please people. You just need to trust the system.

Bitcoin is a programmable money that is made of math formulas that are safely stored inside an untracked block chained together in one peer network.

This network is visible to the public, which put a stop to corruption.

As the president of El Salvador, Bukele serves as the executive leader of the country. He is granted with powers to approve or veto laws.

Making Bitcoin a legal tender is a brave decision amid the FUD Propaganda. This made me realize the president can protect his citizens against the threat of Central Bank Digital Currency or CBDC.

The citizens can buy anything, whether as small as a cup of coffee or as big as a vacation house near the sea without paying layers of fees.

A cashless society is easier and less stressful with Bitcoin.

There is an internet connection every where in El Salvador. Bitcoin is highly promoted too. There are signs that say We Accept Bitcoin. There are Bitcoin ATMs too.

President Nayib Bukele made it happen! This is something to look up to!

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