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❕NEWS Cardano Founder hoping to get cardano to El Salvador

Josemendez

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Charles Hoshkinson , Cardano founder has announced that he is in talk with El Salvador officials on the possibility of Cardano being used in the country. This came as a result of the country's decision to make bitcoin a legal tender come September 7.

Cardano has also announced government deals in Ethiopia and Tanzania as well.
 
Its a nice improvement, the sucess of the deal would contribute as a major benefit to the crypto community as well .The cardano company are really working on the coin development
 
This is fantastic to see grueling support for crypto in such under developed countries , this will help reform the vision about crypto for all of the world
 
This is fantastic to see grueling support for crypto in such under developed countries , this will help reform the vision about crypto for all of the world
Yeah but currently El Salvador is facing issues from international monetary fund over their adoption of bitcoin as a legal tender. Addition of Cardano may worsen the situation
 
Cardano has blockchain technology already in place so that may be an advantage for them, if bitcoin can be accepted I don't see why Cardano won't be. The issue of IMP I hope it is resolved soonest.
 
The president of El Salvador hangout made it clear that he is not going to accept any other coins as his currency but they are can be used in the country
Yeah I also read about it though I think other coins can be traded but not as legal tender because Exchange platforms will need to be operational there
 
That's an interesting reply actually from the authoritiative people , I think all currencies should be accepted. The momentary find company do have multiple policies varied for different countries
 
That's an interesting reply actually from the authoritiative people , I think all currencies should be accepted. The momentary find company do have multiple policies varied for different countries
All currencies can't be accepted as legal tender but they can be traded on different local Exchange platforms available in El-Salvador. Bitcoin remains the only legal tender.
 
So Cardano could already settle in El Salvador, from 7 September and this could then later also interest countries such as Ethiopia and Tanzania.
If everything is ok, I would say, in my opinion, an excellent choice.
 
This will be good since the developer of the coin are still working to make it better. So adopting it wouldn't be a bad idea and I think it will help to even improve the economy
 
Cardano is actually a good coin to reckon with , this time lots of developers will reach out to El-Salvador president for possible consideration of their coin.
 
That will definitely boost cardano if a country decided to take them and make it a legal currency like they did in Bitcoin. On the way to be a currency that people use if so
 
That will definitely boost cardano if a country decided to take them and make it a legal currency like they did in Bitcoin. On the way to be a currency that people use if so
Personally, I don't think the country will add up more coins as legal tender to Bitcoin they may just list it in their wallets. Cardano is a good coin .
 

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