Community Trust ScoreVerified
El Salvador has become the first nation in the world to adopt Bitcoin as legal tender and their official currency. A historic day for humanity.
Pizza Hut is now accepting Bitcoin in El Salvador.
Global companies in El Salvador will accept Bitcoin and develop the organizational competency to roll it out globally. This is HUGE.
El Salvador Signs a Cooperation Agreement To Develop the Government’s Blockchain Infrastructure on Algorand; ALGO Founded by TuringAwards winner ( Nobel Prize of computing ) & Solved blockchain Trilemma With Novel PPOS & will have 46k TPS in Q4 2021
Community response: A historic day indeed. The first country to go bankrupt from Bitcoin. Now for those emergency loan from the IMF.
Whenever I see a brand or celebrity get into Bitcoin, I give them an immediate follow. Though a small act, I feel powerful doing it, ha! Like a vote of confidence to let them know. The little wins.
I see millions of sorrows for those who buy Pizza with BTC. Learn from history. Don’t repeat it.
Yesterday the people of El Salvador could afford a large; now they got to split that 8’’ Pizza hurt after accepting Bitcoin.
McDonald’s accepting Bitcoin in El Salvador makes it easier to accept BTC in neighboring countries. Once that internal competency has been established, it’s very easy to share the knowledge with other countries.
Do you have an example? Which global company? Source?
Bro, if they don’t hold it on the balance sheet, any payment in BTC is accepted in El Salvador but will get dumped back to fiat and won’t be held. This is not huge; it actually increases volatility for BTC.
Who the Hell would use BTC to buy a burger? Does a burger’s price just jump around by the hour? How would that even work? This is the new way corrupt governments can steal; it’s easier and faster—a very good point. The El Salvador step is a catalyst in so many ways. One small country is managing to change the whole world.
Now we see how the corporate world REALLY feels. US lawmakers need to catch up, or they risk going the ways of the Romans, the Ottomans, the USSR, the Dinosaurs. Dominance and strength are two different things.
It’s perfectly safe as long as you cozy up to Dear Leader Bukele as Peter has been doing. Just don’t criticize Bitcoin or anything else Dear Leader does unless you want to end up in one of their jails.
Receipt, or it didn’t happen. There are lots of receipts floating around already. Let’s see how it worked for you.
