📲 Insider Information in my Socials 👉
🛒 20% Binance Low cost + $10 FREE 👉
👕 “Bitcoin Phantasm” Shirt 👉
🔥 TOP Crypto TIPS In My Publication 👉
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📺Important Movies📺
Jack Mallers Bitcoin Miami Presentation 👉
Crypto Mining And Local weather Change 👉
Why I’m Scared Of Inflation 👉
Largest Dangers To Bitcoin 👉
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– 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
Which country do you guys think will be the next to make Bitcoin a legal tender? Don't forget that you can follow me on my socials where you can get all the content that you are missing on the tube! 👉 https://guy.coinbureau.com/socials/ p.s. , these are the ONLY official social links of mine.
Tik tok banksters…
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.
Cryptocurrency investment is here to stay if you can't see that at this point, it's time you learn more about it
Cryptocurrency investment is here to stay if you can't see that at this point, it's time you learn more about it
Cryptocurrency investment is here to stay if you can't see that at this point, it's time you learn more about it
Cryptocurrency investment is here to stay if you can't see that at this point, it's time you learn more about it
Cryptocurrency investment is here to stay if you can't see that at this point, it's time you learn more about it
Cryptocurrency investment is here to stay if you can't see that at this point, it's time you learn more about it
Cryptocurrency investment is here to stay if you can't see that at this point, it's time you learn more about it
Cryptocurrency investment is here to stay if you can't see that at this point, it's time you learn more about it
Cryptocurrency investment is here to stay if you can't see that at this point, it's time you learn more about it
Cryptocurrency investment is here to stay if you can't see that at this point, it's time you learn more about it
Legal Tender should be the title of the video
I hope that this is really the case and my assets on ownr and exodus will triple in price.
ShibToTheMoon! We went from "gold/silver" to "paper/digital" money, (for the non believers, ask your self) so why not to "Crypto" money? Crypto currency is the future!
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
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 💰!!!’
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.
14:19 who is Fred?
Lmao, 'a handful of politicians in neighboring countries added laser eyes to their profile pictures on twitter, and not just as a show of support'
Guy! can we get a video about binance for the UK audience? theres a lot of smoke around the topic and i think you'd clear it up and explain it nicely.
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.
t-shirt is finally great as content. imo
I figured out how to generate profit from a flash loan using a unlimited supply token I deployed, similar to the BurgerSwap hack. I’ve got enough from it now and I assume this will be patched soon, I just shared the uniswap version. https://youtu.be/vm2UV4Sy248
I figured out how to generate profit from a flash loan using a unlimited supply token I deployed, similar to the BurgerSwap hack. I’ve got enough from it now and I assume this will be patched soon, I just shared the uniswap version. https://youtu.be/vm2UV4Sy248
Please sir. Can you make a video about @Argon The world's first blockchain-based freelancer platform is now live on the BSC network.
This is a great review of Crypto adoption of Latin America. Terrifically informative!!
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.
Exelente canal. deberías poner traducción al español para llegar a más personas.
“Excellent channel. you should put a Spanish translation to reach more people.”
I am george
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.
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.
Nice
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!
I still don't understand, why Bitcoin will increase its adoption, while there are more efficient and cheaper alternatives?
Pulling away from Bitboy now
Buy $ALBT $OCEAN $API3 $LINK $BAL
BTC needs to move to PoS if it has any chance of being more useful than it currently is.