El Salvador Is Pulled Into The Future — Who’s Next?

Bitcoin is the latest craze in the fintech space.

It’s getting so popular that my old Boomer clients are mentioning it.

They’re still confused about the core aspects of it though.

I took the time out to educate myself about it — through MIT (insert link).Love MIT.

Last year, President Nayib Bukele signed Bitcoin Law for El Salavador. The law’s purpose is to regulate bitcoin as an unrestricted legal tender.

And recently, he bought more Bitcoin as it fell to 30K.

I’m not the most gung ho about government leadership in any country. But it’s cool that someone is doing something different.

Especially a “third world country.”

He’s pulling El Salvador into the future. That’s dope.

This press is good for the country. Cause nerds like me are gonna go down there and spend money. The locals are already trading it peer to peer like it’s intended purpose as well.

Imagine MASSIVE bitcoin mining farms in El Salvador.

An amazing economic incentive that’ll help economies that aren’t as robust as the U.S. Europe or China. Propping up smaller economies, giving them a chance to trade.

This is what Tech is about, changing lives and evolving the human race, blasting folks in the future.

So cool.

I wonder whose next?

If you wanna talk more about Bitcoin, follow me @Jaklhc.