El Salvador's plans according to Bitcoin and the possibility of being a reserve currency.

in hive-175254 •  10 months ago 

Greetings to all readers of this great platform, especially to those who make life within the great community of #ProjectHOPE, in the present opportunity I want to talk once again about El Salvador and the plans that await it for this year, remembering that a few weeks ago I spoke to you about the possibility of having a great movement of the crypto market in the month of February mainly because of the elections in El Salvador.


Screenshot taken at: PixaBay

It is a great reality that we are facing a great year for the crypto market, and with this we must take into consideration all possible scenarios and make the most of each of the opportunities that can be had in the crypto market, on the other hand, we must remember the large amount of Bitcoin reserves that have the country of El Salvador due to the different investments they made in the crypto market.

It is also necessary to highlight in the current moments that, the month of the presidential elections in this country arrived, having clear that, if the current president Nayib Bukele is reelected, his cryptographic project will continue, with which we are facing a month of many movements for the market according to the investments of only 1 country, since it is one of the few that has legalized this currency in their country, with this we are facing a good scenario.



Many point to the Bitcoin as a reserve currency, because in El Salvador they already affirm it and keep it in their possession with constant investment and waiting for a great bull market to know all the decisions that may come to take, in statements made yesterday by the current president states that his plan to be elected once again is to continue his investments in the crypto market and generate a better economy in his country.

In this perspective really the country of El Salvador is being the focus of the center of attention in the cryptographic world, in addition to this we will observe one of the drivers of the possibility of being the Bitcoin its reserve currency and not the dollar, with which I am sure many will be attentive to the elections that will take place in this country, we will see what benefits can generate this situation.





All the images used by the Author @Chucho27 are Public Domain, in each one of them you can find the source of the image.

The image used in the banner at the bottom is by the author @chucho27, made using the Canva application.

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