2022 sats \ 2 replies \ @TwoLargePizzas 29 Aug 2023 \ on: bitcoin adoption in el salvador. not what you think bitcoin
Can we just take a moment to go over all the good things you said.
- immigration was smooth and fast
- the country feels less corrupt and more secure
- 20% of places accepted Bitcoin
- small companies in san salvador and in santa ana accept bitcoin for payments.
- the government introduced people to digital currency wallets.
- the country said they will buy one bitcoin every day
- it put el salvador on the map
- two years later el salvador is booming
- it got a record number of tourists and a record number of 'investments
- a plan for a 'bitcoin city'
- a small community at the beach which uses it and trades small products using lightning
- bitcoin has been declared legal tender
Let's not throw the baby out with the bathwater. All of the above are good for the people of El Salvador and they bring more awareness to Bitcoin. This is not nothing.
Adoption takes time. This is what adoption looks like. Presumably some of the people in El Salvador have been orange pilled. Imagine what's going to happen in the next bull run when those people are telling their friends and so forth.
The media likes to shit on El Salvador now but at some point they won't be able to deny the benefits it has brought the country. Other countries will take notice.
Yes the cup is half full. Positive things agreed 100%. For the last four years I have been trying to get my B2B customers and suppliers to use Bitcoin, (now primarily in the Lightning realm), It's working slowly, But it's working, I'm long term. I strongly think B2B from smaller manufacturers, wholesalers will start to accept Bitcoin as they are slowly seeing their peers starting to go this way, not saying all at once, not everbody, that's ok it's workinig.
Thank god we have Bitcoin to help us our families, our businesses.
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good work. Keep it up and more will turn :). (just doubt you have god to thank for that)
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