El Salvador creates a new association called AsoBitcoin

in hive-150122 •  2 years ago  (edited)

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Good morning everyone, President Nayib Bukele is giving way to bitcoin in his country every day to legalize its use amid the fury and enthusiasm of many, in El Salvador an association called AsoBitcoin *** (Bitcoin Association) has been created del salvador)*** with the intention of supporting the massive adoption of crypto assets that, together with the dollar, is legal tender in salvadoran territory.

AsoBitcoin is made up of several government companies and non-governmental companies with the intention of offering a financial service to those people where private banking does not arrive, among their plans is to create educational projects, technological development and economic strategy to improve the quality of life of many. salvadorans.

President Nayib Bukele is promoting the economy of El Salvador every day and quietly is at the forefront of financial technology. I think that giving the people opportunities to have access to bitcoin and be able to use it at will and have the privacy they deserve is something that speaks highly of Bukele's management.

Another thing that favors the legal use of bitcoin is that it can avoid the sanctions that big governments usually give, such as the economic sanction that the United States has on Venezuelans, bitcoin has not taken big steps in Venezuela because the government has not given it the publicity that it deserves and there are many Venezuelans who are unaware of the use of cryptocurrencies.

As he would like the president of Venezuela to take this initiative as El Salvador has done but the Venezuelan government is taking a step backwards instead of walking forwards, Bukele said that if Venezuela asks him for an accessory, he would do so with the intention of improving the country but the mature president has not studied this possibility.

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