“the fact that bitcoin is now legal tender in a country is absolutely astonishing. Yesterday, some nerds discovered a system that allows magic internet money to emerge by sending messages back and forth. Today, a country decided to adopt this system as their currency” – DerGigi
Today we cover an excellent little piece from DerGigi that takes a step back and puts the news of legal tender in El Salvador into perspective. This isn’t just another bullet point, this is a key step in the realization of a global, open monetary system. This is a major more toward a Bitcoin Standard. Listen to find out more.
Check out all the incredible work by DerGigi and follow him at DerGigi.com:
https://dergigi.com/2021/09/09/moving-towards-a-bitcoin-standard/
Plus the threads covered in the Guy’s Take from BitcoinBeach linked below:
As the Bitcoin Law goes into full effect this is what I expect to see happen. First I think September 7th will be anticlimactic. I expect the Chivo wallet will launch on the 7th but most probably it will be very buggy and challenged. This is normal for these type of rollouts-
— Bitcoin Beach (@Bitcoinbeach) September 5, 2021
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