Bitcoin News

Story: Anthony Pompliano on El Salvador Embracing Open Nature of Bitcoin (BTC)

By Steven Anderson

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Anthony Pompliano gave an Overview of last 4 days in El Salvador: “1. President announces BTC adoption 2. Simple 3 page bill is presented 3. Government votes & approves bill 4.

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Anthony expresses that Bitcoin is censorship resistant and it is an open monetary network. El Salvador is focused on embracing the open nature of the bitcoin network.

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We have a mission to secure financial freedom for all. - Strike’s Jackmallers couldn’t be more proud watching the world wake up and recognize the tour de force that makes Jack…

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My role and responsibility is to be a Bitcoiner and to help the world with what I believe is one of the best tools that humanity has delivered in pushing the world forward.

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We meme'd bitcoin into legal tender in a country. Bitcoiners can do anything. If you sell your bitcoin with the hope of buying it back at a lower price, you don't understand…

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The most interesting thing that Nayib Bukele, Presidente de la República de El Salvador said last night was that El Salvador adopting bitcoin is good for the United States.

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Users were like: Over time it will limit the risks that come with illegal migration and create more prosperity and balance in Latin America and once the jumps on board the…

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Please explain how this is good for US and the IMF. El Salvador intends to use BTC as currency in addition to store of value. 

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The hypothesis is that it will slow immigration to the US from Latin America I suspect. El Salvadorians want to live in their own country in a good and great way.

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That really makes it harder for US to come out against it even though it competes with the USD. Will be interesting to watch this play out.

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