Powered by

Artificial Intelligence

Bitcoin MILESTONE!! LATAM Mass Adoption Incoming!! 🚀



📲 Insider Information in my Socials 👉
🛒 20% Binance Low cost + $10 FREE 👉
👕 “Bitcoin Phantasm” Shirt 👉
🔥 TOP Crypto TIPS In My Publication 👉

~~~~~

📺Important Movies📺

Jack Mallers Bitcoin Miami Presentation 👉
Crypto Mining And Local weather Change 👉
Why I’m Scared Of Inflation 👉
Largest Dangers To Bitcoin 👉

~~~~~

– TIMESTAMPS –
0:00 Intro
2:21 El Salvador’s Adopts BTC As Authorized Tender
5:30 Opposition To El Salvador’s BTC Adoption
8:27 Paraguay’s Potential BTC Adoption
9:41 Panama’s Potential BTC Adoption
10:39 Mexico Strikes To Make clear Crypto Guidelines
12:06 Why Is Latin America Adopting BTC First?
15:05 Affect Of BTC Adoption
17:13 Conclusion

~~~~~

⛓️ 🔗 Helpful Hyperlinks 🔗 ⛓️

► El Salvador’s Bitcoin Invoice (English):
► Poolin Provides El Salvador Announcement To Bitcoin Blockchain:
► JP Morgan El Salvador Bitcoin Adoption Report Abstract:
► Paraguay Crypto Adoption:
► Panama Crypto Adoption:
► Mexico Crypto Adoption, Newest Replace:

~~~~~

📰El Salvador Bitcoin Saga📰

On June fifth, the ultimate day of the occasion, Strike founder Jack Mallers was presenting the unimaginable adoption his app has seen in El Salvador since launching there in March this 12 months

After seeing how well-liked Strike was in El Salvador, president Nayib Bukele requested Jack if he could be on board with serving to him draft a invoice to make BTC authorized tender within the nation

Jack accepted, and this invoice was revealed in a pre-recorded video clip on the finish of Jack’s presentation. Along with authorized tender, features a sequence of crypto pleasant legal guidelines, together with zero capital positive factors on BTC

⚖Hurdles To El Salvador’s BTC Adoption⚖

For starters, evidently El Salvador’s prime minister has his justifiable share of controversies. In keeping with Coindesk, Nayib has a historical past of authoritarian tendencies

An opposing political occasion in El Salvador has additionally filed a lawsuit in opposition to the present administration which argues that the Bitcoin invoice is unconstitutional

👨‍💻Paraguay’s Crypto Adoption👨‍💻

A congressman in Paraguay is at present working in the direction of passing a invoice that goals to draw crypto firms of all types

The invoice might be tabled subsequent month, and if profitable, the identical congressman might be pushing a invoice to make BTC authorized tender in Paraguay as properly.

💰Panama’s Crypto Adoption💰

In the meantime in Panama, one other congressman hopes so as to add to the crypto competitors between nations with a invoice that might be introduced to Panamanian lawmakers

Whereas the precise particulars of the Panama’s Bitcoin invoice will not be but recognized, it can try to bundle related perks being provided by Paraguay together with a authorized tender designation for BTC

🌮Mexico’s Potential Crypto Adoption🌮

A number of lawmakers in Mexico are additionally hoping to get their nation within the Latin American crypto area race

They’re dealing with a justifiable share of hurdles on condition that the Mexican drug cartel have actively been utilizing cryptocurrency to launder

🌎Why Latin America?🌎

The one factor that El Salvador, Panama, Paraguay, and lots of different Latin American nations have in widespread is that all of them rely closely on the US greenback, even these which have their very own nationwide currencies. Shifting to Bitcoin permits them to free themselves from US affect

📊Market Results Of BTC Adoption by Governments📊

Essentially the most vital affect the federal government adoption of cryptocurrency can have relates to not value, however to regulation and coverage which exists upstream from value motion

As we’re seeing now, the preliminary knee jerk response by overseas greenback pushed pursuits and three letter monetary organizations might be to sanction any nations that undertake Bitcoin as authorized tender

Slightly than dissuade nations from persevering with their crypto adoption, I predict that it’ll speed up the method. Mass adoption will remove Bitcoin’s volatility and alter the best way we measure its worth

~~~~~

📜 Disclaimer 📜

The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who will not be a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable danger of loss. The speaker doesn’t assure any specific consequence.

#bitcoin #crypto #btc #adoption #latam #elsalvador

Source: Coin Bureau

39 Responses

  1. BITCOIN LEBANON? Lebanon in total collapse caused by 90% CURRENCY devaluation, the Beirut Blast Explosion, and Pandemic….this is deadly serious. People went from earning $ 1000 a month to $ 45 a month, as their currency gets blown apart. Solution? BITCOIN? Decentralized, supported worldwide by hundreds of millions of owners, away from the corrupt officials… this crisis must be stopped.

  2. Bull. There is no mass adoption coming. Just because some are willing to take it to syphon profits does not make it adoption.  BTC had promise but falls way short. Too slow and energy dependent. Costly to use and Forks. Not scalable or stable. It has no functionality or enterprise adoption. Therefor no real value. It is way out classed by the likes of Hedera.com

  3. Hey guy!

    Can you please take a look at Polkadex (PDEX) ?

    It’s a multi-billion project with 100x potential !!!! 2 month left for the mainnet launch !!

    It’s the biggest DEX building on polkadot !!

    Huge companies backing the project 💰!!!’

  4. For mass adoption to take place you should start saying, "Not your keys not you crypto, lose your keys lose crypto!". My mom will lose her keys for sure. I love your recommendation to use Celsius Network since the are now responsible for my (and mum's) keys. Thank you Guy.

  5. You should do a video about MoonAss $MOASS. Auto-staking, deflationary utility token. User interface used for wallet to wallet messaging will be released in the coming weeks. $300k market cap, presale dumpers are out, huge upside potential.

  6. THIS IS A NICE VIDEO; EVERYONE NEEDS MORE THAN THERE BASIC SALARY TO BE FINANCIALLY SECURED. THE BEST THING TO DO WITH YOUR MONEY IS TO INVEST. MONEY LEFT IN SAVINGS ALWAYS END UP USED WITH NO RETURNS.

  7. the headlines will spin so hard on Bukele but it is only from MSM outlets or Soros magazines or NGO's. All this is the same propaganda that they use against BTC, same lies, tactics, narrative. Bukele has close to 95% approval of the PEOPLE! Rich mofo giving freedom back to El Salvador and the corporate media following the orders of their Zionists masters.

  8. I really don't understand why these Latin American countries are using BTC when there are other networks like Cardano, Polkadot or Algorand that can be more efficient for their needs than BTC.

  9. Those that control the fiat dollar are scared shitless! Crypto will put the rich fiat controlling agency's negligible , and lose their control over the population and countries! Make JP Morgan and all the other crony's POOR and not so important!

Leave a Reply to Jeprox Cancel reply

Stay Connected
Category

To stay on top of the ever-changing world of cryptocurrency, subscribe now to our newsletters.

Subscribe To Our Weekly Newsletter

Get notified for our latest news
We’ll never spam your inbox

At Upshot Firm, we can help your business automate using latest technologies, like New Website Development, Applications (Apps) Creation, Blockchain Integration, Artificial Intelligence (AI) process managment. We also have experience in Smart Marketing and have access to influencer.