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[ElPaule]

During a national address on Thursday evening El Salvador's president, Nayib Bukele, announced the date when the notable crypto law would come into effect. Bukele mentioned the Sept 7th as official start date and offered every El Salvadorian an wallet with $30 in the official CHIVO wallet.
the concurrent rise in the BTC price is directly associated with the announcement.

 

[Niftyicon]

This is very good and starting the people out with some sort of airdrop is a good step in the right direction. I like that the president has made up his mind regardless of misgivings of some international bodies.

 

[Razor1911]

The bonus is very nice to hear. El Salvador is the first such country which is literally accepted Bitcoin to the fullest.not only the accepted they are also providing bonuses to the citizen which is very commendable.

 

[07Trinity]

During a national address on Thursday evening El Salvador's president, Nayib Bukele, announced the date when the notable crypto law would come into effect. Bukele mentioned the Sept 7th as official start date and offered every El Salvadorian an wallet with $30 in the official CHIVO wallet.
the concurrent rise in the BTC price is directly associated with the announcement.

I really envy them,for once I really wished I am from El Salvador,you can imagine the amount offered just to participate in the program,how much more will be offered as time goes on.

 

[BullyMaguire]

30 dollars is very generous for every citizen. No wonder they see a success in the adaption because they got the people started with their free crypto currency

 

[ElPaule]

I really envy them,for once I really wished I am from El Salvador,you can imagine the amount offered just to participate in the program,how much more will be offered as time goes on.

Look at world stats or Wikipedia I think there is no reason to wish to be from there. It is a mostly poor country and a few coins will not change this. They need to fight corruption, starvation and brain drain.

 

[Brain]

30 dollars is very generous for every citizen. No wonder they see a success in the adaption because they got the people started with their free crypto currency

That' was the trick to get started with liking the coin. When they see how valuable it is they will start investing and it actually worked. I think Bitcoin is a legal tender now for them

 

[07Trinity]

Look at world stats or Wikipedia I think there is no reason to wish to be from there. It is a mostly poor country and a few coins will not change this. They need to fight corruption, starvation and brain drain.

Wow that's really bad for a country with such low population and still having struggles, never the less we still need to appreciate their effort,given the condition of things in their locality.

 

[BullyMaguire]

That' was the trick to get started with liking the coin. When they see how valuable it is they will start investing and it actually worked. I think Bitcoin is a legal tender now for them

It is and they are successful because i read an update before and the citizens are buying millions worth of Bitcoin already which is awesome because they don't seems to like it at first

 

[Brain]

It is and they are successful because i read an update before and the citizens are buying millions worth of Bitcoin already which is awesome because they don't seems to like it at first

The government needed to lure people to try out the coin and start liking it that is why it gave them the little he did and it worked in his favor look at where he is now

 

[btaliat]

El Salvador is one of the countries that ease the tension created by China after the ban. The incentive and support given to cryto during the bearish moment gave life to crypto users and crypto coins in general.

 

[Wisdom01]

I really hope the law created would be convenient for traders , because that's the most important thing and would make more investors to be interested in the project

 

[a_jerobon]

That is very good for El Salvador. It shows that the government are really concerned with its citizens. $30 is such a good amount to gift each citizen.

 

[Styleplus]

El Salvador always taking the world by surprise,there is no other motivation that can beat this in the crypto space.
I hope they will be a withdrawal clause to be certain that the coin is actually invested and not withdrawn for personal use.

 

[Ptrikha90]

I think now Data on How this move worked would be available and one can know what went fine with this move and what all needs changes.
Looking forward to see the results.