President @nayibbukele and the Government of El Salvador welcome everyone who has come to our beautiful country for this year's @MissUniverse event. 🇸🇻


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Especially the government of El Salvador, Nayeb Bukel, cares so much about his country that he thanks every tourist. However, he has been trying hard to present El Salvador to the whole world since he has been very conscious of his country's progress in various aspects.

Great initiative by Galoy and Bitfinex and I am pleased that the event will only discuss Bitcoin. The conference focuses on promoting the Lighting Network so as to increase Bitcoin adoption. It will be a good opportunity for developers and entrepreneurs to discuss and brainstorm issues that affect the Bitcoin ecosystem. Tickets for this conference are payable in Bitcoin only and the proceeds from the event will be donated to any local organisation that promotes Bitcoin education. Last year's donation went to Mi Primer Bitcoin which is an initiative that is educating El Salvadorans about Bitcoin and also giving them a diploma. Last year's Adopting BitcoinIt conference was held in El Salvador but next year will be in Cape Town, South Africa which is closer to my home country.

The popularity resulting from good policies such as those carried out by the president of El Salvador is worthy of praise, because whatever Nayib Bukele has done is for the good of the country and also the common good of his own citizens. So it is natural for Nayib Bukele to receive that much popularity in Latin America at this time, because Nayib Bukele did not get this easily in his life. But this happened through a gradual process that was carried out seriously by Nayib Bukele and his staff in the country of El Salvador.

This is certainly a good improvement, because it will certainly help and come in handy as the lightning is an alternate route to the solutions of the congestion and piled up transaction in the Bitcoin mempool which is caused by the use of the Bitcoin Blockchain to process payment of alternative coins like the pepe and meme coins. This congestion was experience recently this year when there was a sudden increase in value of these coins and the demand became high  which caused clog and increase in price of Bitcoin.The Bitcoin lightning network is certainly a good intervention into the BATM in El Salvador.

Athena Bitcoin Global and Genesis Coin Inc. Team Up to Launch Lightning Network for Bitcoin ATMs in El Salvador and Latin America

Athena Bitcoin Global and Genesis Coin Inc. announced they have enabled Lightning Network technology across their technology infrastructure in El Salvador and Latin America. The incorporation of Lightning Network as an option is a major enhancement for customers using Athena Bitcoin and Chivo-branded kiosks in El Salvador and Latin America, providing faster withdrawals and minimizing fees. The upgrade will be rolled out progressively, starting with Chivo Bitcoin ATMs in El Salvador.

One hundred machines will be Lightning Network-enabled by the end of December 2023 and the remaining kiosks will follow in the first quarter of 2024. Chivo is the official Bitcoin wallet of the Salvadoran government, which Athena Bitcoin supports through its technology and infrastructure. In addition, Athena Bitcoin will extend this technology to its own branded machines in El Salvador and throughout Latin America, providing its customers across the region the opportunity to enjoy faster and more efficient transactions.

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This isn't the first time for their beauty pageant showcasing, last year experience was a blast, this year is going to be explosive, the beauty about this is in marking it with bitcoin to sum up the beauty in the celebration, ever since bitcoin adoption as a legal tender in El-Savador, things have always been going well than ever before, there have been increased developments in every aspect of it economy.


You should expect this already being a leader, some will accept you while others would not, no matter how you've tried hard to see that you pleased everyone, but when the majority likes you, that only is a victory on its own because those attacking can not make it because they are few in numbers.

Bitcoin News exclusive from @AdoptingBTC
@bitfinex CTO @paoloardoino discusses the success of the #Bitcoin legal tender law in 🇸🇻 El Salvador 👀

“There is a commitment from entrepreneurs, the government and educators to make El Salvador a template for the world”
https://twitter.com/BitcoinNewsCom/status/1722634174639620289?t=wgBwlhfHzBKGNoL_KOMUog&s=19

CID Gallup reported the end of September corruption of EL Salvador. El Salvador dropped 3%, according to CID Gallup's crime report. During Nayib Bukele rule, corruption in EL Salvador has decreased the most. In earlier reports also EL Salvador crime rate was 6%. But crime is now reported to have dropped by 3%. Peru has the highest level of corruption.According to CID Gallup's crime report, Peru ranks at 87%, making it the most corrupt and crime-ridden country in the world today. I respect Nayib Bukele rule the most because El Salvador was once a hotbed of gangs but under Nayib Bukele rule El Salvador has become completely crime free. I hope the government of EL Salvador Nayib Bukele will bring his country's crime down to zero.


https://twitter.com/cidgallup/status/1722623587897819379?t=e0d5xB_SSfUvue_Ii1JjGA&s=19

Fantastic achievement did by Nayib Bukele as El Savador president due criminal rate down drastically, its positive side from bitcoin adopting as legal payment currency there, not only benefit such as investment assets in the future but also bitcoin can drop criminal case where not space for happing criminal case less of using cash or fiat transaction. There are not opportunity for criminal cases how to stole people fund due save it in bitcoin such as in wallet or exchange account.
I think this positive impact could be evaluate for other countries still doubt with bitcoin benefit, actually with countries have bigger criminal case ration and bitcoin will help more for government how to make less criminal cases in the future. When bitcoin accepting as legal currency payment transaction all bad people not have any chance yet to make criminal anymore.