Important Announcement from President of El Salvador in Bitcoin 2021
An important statement was made on the second day of the world's biggest event,Bitcoin 2021. The President of El Salvador announced that the Bitcoin step has been taken.
An important announcement came from the President of El Salvador Bukele in
Bitcoin 2021. A big announcement has been made on the second day of Bitcoin 2021.
Nayib Bukele stated that a draft law will be prepared to make Bitcoin legal money and this bill will be sent to Congress.
Bukele, who sent a video message to the Bitcoin 2021 conference held in Miami, said:
“Next week, I will submit a bill to Congress that will make Bitcoin the legal currency in El Salvador. In the short term, this decision will have positive repercussions for employment and will help provide financial access to thousands of people.”
President of the Central American country El Salvador, Nayib Bukele, stated the following before his statement:
“Big ideas are beautiful and extremely powerful. But, like all good things, they can be fragile. When we were little, we always fantasized about the future and were excited about the possibilities. Also, we were excited for the future and eager to be a part of it. However, now, when we talk about the future, what comes to our minds is climate danger, hunger, chaos... We, as humans, can make anything we dream come true. This is the biggest difference that separates us from other creatures. Starting from here, we will include El Salvador in the future. One of the building blocks that makes us who we are is the ability to sensitively incorporate the most appropriate ideas from history and the world into our lives. I think Bitcoin is one of those ideas.”
Also touching on the issue of central banks, Bukele stated that central banks could harm the economic stability of El Salvador and continued his words as follows:
“Central banks are increasingly taking actions that could harm El Salvador's economic stability. In order to reduce this negative effect of central banks, it becomes necessary to allow the circulation of a digital currency with a supply that cannot be controlled by any central bank.”
It was a matter of curiosity whether other countries would take steps similar to El Savador.