ARGENTINA MAKING MOVES 🇦🇷ARGENTINA MAKING MOVES 🇦🇷
Argentina and El Salvador Engage in BTC Adoption Talks.
The government of Argentina is working with El Salvador to learn from its experience adopting Bitcoin.
According to an official report from the National Securities Commission of Argentina (CNV), regulators met with El Salvador to discuss how the government regulates BTC.
El Salvador’s CNAD president Juan Carlos Reyes (left) and Argentina’s CNV president Roberto Silva (right)
Back in 2021, El Salvador was the first country in the world to make Bitcoin legal tender.
And now it’s looking like Argentina may follow in their footsteps.
Roberto E. Silva, President of the CNV, had this say:
“El Salvador has emerged as one of the leading countries, not only in the use of Bitcoin but also has distinguished itself in the world of crypto-assets. It has created a specific commission, the National Digital Assets Commission (CNAD), and therefore has experience that is very valuable for the CNV at this time."
Roberto E. Silva - CNV President
Patricia Boedo, Vice President of the CNV backed these claims up with the following:
“I had the opportunity to exchange experiences during the visit to that country, and it seems essential to me to continue strengthening ties with a Republic that is a pioneer in the subject, and that has vast experience in the subject.”
Patricia Boedo - CNV Vice President
Will Argentina be the next country to make Bitcoin legal tender?
Possibly…
Back in late 2023, Bitcoin-friendly politician Javier Milei won Argentina’s presidential election.
And Argentina’s economy has been suffering with out of control inflation for a number of years.
Bitcoin may be the saving grace they need.
In fact Bitcoin CANNOT be "legal tender". (here is a short explanation)
Read more what really is legal tender and what really says that El Salvador paper about Bitcoin.
Bitcoin adoption is made by individuals not by countries.
Bitcoin is for individuals, not for countries or governments.
https://i.postimg.cc/XqjKHdcp/Darth-sovereign-logo.gif
All this "cooperation" between Argentina and El Salvador is a total bullshit.
I’m gonna take your word for it.
What countries (people in government) can do to spur Bitcoin adoption among it's population would be to provide legal clarity and investment with several policies:
LOL can you explain the term "legal rights" ? WTF is that?
wow statism is at high levels nowadays...
There are other forms of "legal rights": Constitutional Rights, Civil Rights, Property Rights, Contractual Rights, Human Rights. These are enforceable by the law of the land.
No. Anything preceeding to the word right is not a right. Is a privilege.
Slavery is a privilege for the slave-owner. But it is not a privilege for the slave.
Should a freed slave consider freedom a "privilege" or a "right"? I'll wait...
Here is an example of a legal right: An employer in America cannot fire you because of the color of your skin or your religion or your gender. People have "legal rights" and other protections.
No, that is not a "right". It's a privilege, a contract rule.
It already IS the saving grace (for the ones that understand it). There's no need for the state to do anything to adopt bitcoin here, otherwise than promote it. But it's already as usable as it could be.
Care to make a post about the integration?
Just kidding, of course :)
What would be some key-points for you?
Just write some of your experiences. I think that would be best. Maybe some pics of the shops.
Ok! Give me some time and will be posting about it :)
no
We'll see how Argentina does it.
We have been on this for 4 years now. The most the state can do is to make it "official"
Good, its citizens deserve sound money
Progress is inevitable ,🌪️
Good for them