RE: News of the day.

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I have no idea if El Salvador will actually be able to pull it off or not (obviously lots of steps before it becomes actual law) but it's obviously genius. With one move they've declared to the world that they want some of the best innovators in the world to move to their country. Sure, they'll also have to cope with a ton of crypto bros, but I'm very sure it'll be worth it. The value this could bring to the country could be huge - with Starlink they don't even really need to have a lot of infrastructure ready. I hope their work visas department is ready...

BTC is obviously terrible tech for actually transacting in El Salvador, but it's still such a genius move. I really hope it works out for them.



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When we look at the actual ramifications of their actions it seems like it's almost impossible that this will become a reality in the short term. But to me that doesn't matter: because simply the threat of this happening is enough.

A lot of money and power are going to be allocated by multiple dominating countries to make sure this doesn't happen in the short-term. It will happen sooner or later no matter what though. Cat is out of the bag.

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In truth, perhaps in the short term, perhaps not, but in the medium term if it will be a reality, for this reason, there are already pilot tests implemented in the beaches of El Tunco and El Zonte, there are already two BTC ATMs operating in those places, so people It is already sensitized, they have already learned to use the strike lighting network or whatever it is written, but I think that once the law is authorized, the implementation will be quite fast and today with the authorities that are advancing by leaps and bounds I think that by the end of the year we will already be with a good part of the population sensitized.

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He has a massive majority in Congress and this will become law quickly. Most transactions will be on the Lightening network not BTC directly. That’s what the Strike app does.

It was Strike’s CEO who drafted the bill and it was his presentation at Miami crypto conference where this was announced.

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On the beach el tunco and zonte there has already been a project for several days, in which the strike lighting network is being used through a project called bitcoinbeach, you can locate it in google play, through which you can buy up to tortillas, a soda, a snack, a plate of food paid for with satoshis, so I think we already have a great advance in that sense, the community is already sensitized, even older adults, 81-year-olds, are using btc as a means of payment as well I think it is only a matter of waiting for the law and implementing it in a massive way and everyone up, time will tell us if we can or if there will be difficulties, it will be a great challenge but for now we are already quite advanced.

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