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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country (23352 Views)
President Bukele Of El Salvador Has Deployed 4000 Soldiers To Three Communities / Protest In El Salvador As Bitcon Crashes After Government Makes It Legal Tender / President Nayib Bukele Takes A Selfie At 74th UNGA (2) (3) (4)
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Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by naijadrivablog: 4:13pm On Jun 09, 2021 |
Drug lords there now have a cleaner way to launder funds |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by mrkings84(m): 4:14pm On Jun 09, 2021 |
Rather than get a young leader to rule nigeria, our elites politicians have lined up ancestral spirits to rule this corntree for ages..... |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by Sniper4real(m): 4:14pm On Jun 09, 2021 |
Kriss216: Which our darling daddy |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by Tundex911: 4:17pm On Jun 09, 2021 |
The president is 39years old... Hope you dey think what I'm thinking., not old cargoes of this part of the continent. Awon weyrey gbogbo Smh |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by eagleonearth(m): 4:20pm On Jun 09, 2021 |
Icarus99: |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by Ghostmode2two(m): 4:21pm On Jun 09, 2021 |
Kriss216: Your own na to ban and continue banning to other aspect of livelihood |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by emmnprince(m): 4:28pm On Jun 09, 2021 |
light099: What's the name of China digital currency? |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by ELKHALIFAISIS(m): 4:32pm On Jun 09, 2021 |
I think digital currency should be implemented worldwide |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by Emotionss: 4:34pm On Jun 09, 2021 |
[color=#006600][/color] Kriss216: In Nigeria we don't vote competent individuals we vote base on tribe. People like Obama of America, V.putin of Russia or Even Mandela will lose election in Nigeria if the come from the tribe we all love to hate. |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by focus7: 4:54pm On Jun 09, 2021 |
Nairamanly: Assurance na scam |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by donforeign: 5:01pm On Jun 09, 2021 |
Icarus99: Do you buy the btc to stock up or you mine it? Just wondering how people get btc |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by Gjmff: 5:03pm On Jun 09, 2021 |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by CryptoRepublic1: 5:07pm On Jun 09, 2021 |
naijadrivablog: It shows that you don't understand crypto. It's easier to launder cash than crypto. 1 Like |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by YoungAncient1: 5:30pm On Jun 09, 2021 |
Pity for us and add doge, ripple, tron, cardano and even shiba inu to the list please. 1 Like |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by Nobody: 6:00pm On Jun 09, 2021 |
Ekez:I won't be surprised the CBN governor is an active trader. 1 Like |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by Flamees(m): 6:10pm On Jun 09, 2021 |
yommen:100% True |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by arcdone(m): 6:22pm On Jun 09, 2021 |
Why cryptocurrency matter? The future of finance is crypto Today, the 'reserves' that banks rely upon to create new money have no intrinsic value whatsoever. In other words, where once a bank might issue paper money equal to ten times the value of gold or silver coins they held in the vault, today there isn't a single ounce of gold or silver coins backing our currency. Today, our money is created using nothing but fiat paper and computer entries as reserves! There is no real money anywhere. Even worse, every dollar in circulation is inextricably tied to debt. What we are forced to use today is WORSE than fiat money, it is debt money." "Our entire monetary system, as it now stands, is based on nothing but debt. Every physical dollar had to be borrowed into existence. So long as our entire money supply is made up of this debt money, the bankers are guaranteed to earn interest on every single dollar, every moment it exists. It also means our debt is inescapable. To pay off every loan, we'd have to give back every dollar the bankers have created. "Bankers not only profit from this debt money system but also, they've structured their business in such a way that we (operating within the rules of the system) can never escape it. Pi is developing, building an honest universal monetary system using blockchain technology. Pi_Network is another Bitcoin in disguise, make your research..google and youtube are there for you. Something big is coming Check my signature to follow the revolution and prepare yourself for the future to come 3 Likes
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Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by SavageResponse(m): 6:39pm On Jun 09, 2021 |
Icarus99: It's village people |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by GMBuhari: 6:42pm On Jun 09, 2021 |
if you can please buy , but buy with money you believe is lost some people can afford to by 100 btc at once, if it's just 100k , 20k or 2k own just buy Icarus99: 1 Like |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by Perfectbeing(m): 7:04pm On Jun 09, 2021 |
See a president wearing face cap backwards. But some Nigerian universities will make wearing a cap a big deal. |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by Sheriman(m): 7:09pm On Jun 09, 2021 |
light099:People can't fall to Elon musk tweet again. If he says another thing in his tweet nobody will listen to him anymore |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by ogbu80(m): 7:12pm On Jun 09, 2021 |
Kriss216:this tinubu that is older than buhari o, ndi mmadu sef |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by Elchechereche2: 7:18pm On Jun 09, 2021 |
benzene00:Buy the Dip |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by lkillbrokehoes: 7:25pm On Jun 09, 2021 |
Kriss216:Nigerian youths are really cursed, suffer no dey tire them |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by DollarBuddy: 7:39pm On Jun 09, 2021 |
Icarus99: Heheheheheeeee!! Maybe one of the two... Maybe both �� |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by maasoap(m): 8:03pm On Jun 09, 2021 |
Kriss216:[/s] Absolute rubbish from you. That thing is too volatile to be used as legal tender. Crypto Currencies are being manipulated way too much. |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by Nobody: 8:21pm On Jun 09, 2021 |
emmnprince:It's just simply, digital Yuan. Similar to pegged cryptos like USDT or BUSD, except that it is digital currency not cryptocurrency and it is controlled by China central bank. Sheriman:People still do. It still happened two days ago. Once you understand the difference between fiat and crypto, you know things like that are inevitable. yommen:Yea but not exactly about Musk. Just to show how liable cryptocurrency is to FUD. If just a tweet can crash/shoot the market, then any other more important event can even wreck more havoc/good. It's called crypto and volatility/uncertainty is name of the game. |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by CryptoRepublic1: 8:39pm On Jun 09, 2021 |
light099: You guys are still not getting it,go and read the bill to have the full scope. Price of goods is still in dollars, so when someone buys or sell,the goods will then be calculated in dollars,but if you chose to pay with btc it's then converted into dollars straight away if the seller so wish. It's great moves from the country and many other countries will definitely follow suit soon. I strongly believe that it'll attract a lot of investors to the country very soon. 2 Likes |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by Bigshoe2028: 8:47pm On Jun 09, 2021 |
This means that the country can fork bitcoin now and has its own crypto more like a stable coin |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by Pharovo(m): 8:51pm On Jun 09, 2021 |
safesurfer: Unsurprisingly, it does. |
Re: Bukele: El Salvador Adopts Bitcoin As Legal Tender, The First Country by saintmm(m): 10:01pm On Jun 09, 2021 |
This must be a product of high powered international politics. El Salvador economy an experiment for future financial route. Take it or leave it, this guy knows what he's doing and whatever the outcome, he will still be strong. Fingers crossed to see this international financial game goes. I rise |
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