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El Salvador’s Prez Proofing Against Fiat Money Crash With Bitcoins By CoinEdition

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El Salvador’s Prez Proofing Against Fiat Money Crash With Bitcoins
  • Samson Mow, the CEO of Jan3 said El Salvador has drawn a lot more attention to themselves globally as a country.
  • This has caused a spike in tourism by 30%, said Mow.
  • The bitcoin bond bill will allow El Salvador to sell 1 billion worth of bonds, 10-year bonds to investors.

Samson Mow, the CEO of Jan3 and architect of the BitcoinBonds believes that El Salvador’s President Nayib Bukele is proofing the country against fiat money crash. He added that El Salvador is heading to a safer place with Bitcoin adoption especially as the country continues to grapple with violence.

Mow, who is helping El Salvador’s Bitcoin adoption shared:

So President Bukele, I would say, is a pragmatist. He’s preparing his country for the future, proofing it against fiat money collapse.

He added that by rebranding themselves as a Bitcoin country, El Salvador has drawn a lot more attention to themselves globally. This has caused a spike in tourism by 30%.

Talking about the Bitcoin payment infrastructure El Chivo’s problems, Mow sa …

The post El Salvador’s Prez Proofing Against Fiat Money Crash With Bitcoins appeared first on Coin Edition.

See original on CoinEdition



Read More: El Salvador’s Prez Proofing Against Fiat Money Crash With Bitcoins By CoinEdition

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