Bitcoin finds a home and becomes legal tender for the first time in history and at the sametime if Lageo, El Salvador’s state-owned electricity company utilizes unused geothermal energy to mine bitcoin. El Salvador could be one of the world’s wealthiest countries in the world if bitcoin prices reach the million’s as they predict.
El Salvador is the murder capital of the world and president Nayib Bukele, only 37-year-old was elected to help get rid of this corruption and bring jobs and financial investment to the county, and then you will understand his decision to make bitcoin a legal tender and the IMF does not care about any countries problems only the control fiat capital around the world. People need to understand that the IMF does not produce anything they only take take and take. President Nayib Bukele a man with integrity doing what’s best for his people the reason he was elected for and not fill his pocketbook.
Could El Salvador be the financial capital of the world if bitcoin prices reach the millions this is the only country that has adopted Bitcoin as a legal currency and the only non-hostile country and tax-friendly for minors. Its also possible the loan from the IMF may be declined but will the cryptocurrency community step up to help as El Salvador help bring Bitcoin to the mainstream.