You don't expect it to solve their economic problems immediately, it's a gradual process that could help clear their national dept and help them be debt free or almost in the future, atleast they've taken a bold step that would be very beneficial to their economy on the long run, it's better than doing nothing moreover every since they declared their interest and even adopted Bitcoin we've seen some changes, good for them, they've got a hard working president that's crypto friendly and open to new development, he's fighting to set things right and has tackled one of the major issues which was crime and security issues, hopefully with the help of crypto they'll gradually solve the countries financial issues.

They try what they can implement and stick to what works - truly, that's how it should be in many countries that are still skeptical about the crypto as a whole.

Trump is a real wild card - one day he can say one thing, and in another - he goes back to where his mind was before.

I hope for all the best for El Sal of course, but they should be as cautious as possible.

Coming across this thread https://bt.irlbtc.com/view/5539476.0 makes me to understand that truly, some are there watching and taking after the footsteps of what El-Salvador is doing towards making everyone have the same and equal opportunity of learning and knowing what bitcoin is all about, seeing another institution taking after them in the offering of bitcoin course at the master's degree is something worth emulating, this shows that there are many more to come to our consciousness about how they have been benefiting form the impact of every implementations about bitcoin being done in El-Salvador.

The 🇺🇸 SEC is teaming up with 🇸🇻 El Salvador’s National Digital Assets Commission (CNAD) to launch a  cross-border cryptocurrency regulatory sandbox.



https://x.com/BitcoinNewsCom/status/1915442611738886541?t=4cbQtBxdhzSTzrWrcPJr-Q&s=19

This post is not primarily a Bitcoin-related announcement from El Salvador, but rather a special discussion about the intense reaction between Venezuelan residents and families of El Salvadoran prisoners regarding the prisoner exchange between El Salvador and Venezuela.
Here is exactly what the President of El Salvador said in response to a letter from the President of Venezuela to the President of El Salvador regarding the release of prisoners.

Just seeing this thread, not just El Salvador. Central African Republic has followed also it's a move to the right direction and hope others will follow suit in the coming years. We can't shy from the fact that Bitcoin is becoming force to be reckon with. But it's transparency across those countries must looked into.

It's great that a university in Spain is introducing such a degree in Bitcoin, but we need to think about where such specialists will be able to work after graduating from the university, and how much demand there will be for it now and in the future. In El Salvador, everything starts with school, and given how Bukele attracts Bitcoin-oriented companies to the country, this will have good prospects, but in Spain there is no such trend yet. I mean, the most important thing is that this is not just hype, with the help of which the university wants to attract attention to itself.

Bitcoin-Friendly El Salvador Pitches Tokenized Real Estate 'Sandbox' to Trump's SEC
The prospect was raised during a meeting between the U.S. Securities and Exchange Commission’s Crypto Task Force and El Salvador regulators.
The El Salvador National Commission on Digital Assets may let U.S. firms experiment with tokenized real estate in the Central American nation.
Perkin said her team includes CNAD’s president, Juan Carlos Reyes, and a former partner at Goldman Sachs, Heather Shemilt. Carmen Elena Ochoa de Medina, a former CNAD regulator, is also involved in the initiative, Perkin said.
The SEC nor CNAD immediately responded to a request for comment from Decrypt.
The proposal follows a meeting between U.S President Donald Trump and El Salvador’s President, Nayib Bukele, earlier this month. The two did not discuss their shared appreciation of Bitcoin publicly, while controversy surrounding a Maryland man who was wrongly deported to El Salvador took center stage.

The U.S. has adopted a crypto-friendly stance under Trump, but El Salvador has been experimenting with Bitcoin for years. In addition to making Bitcoin legal tender, it’s explored using energy from volcanoes to mine the asset, while cultivating a reputation for being a tourist destination among Bitcoin’s devotees.

The country has been stockpiling Bitcoin since 2021, mirroring the ambitions of Trump’s Strategic Bitcoin Reserve, which may use tariffs as a way to fund Bitcoin purchases. El Salvador’s government currently holds $573 million in Bitcoin, according to data from crypto analytics platform Arkham Intelligence.

In March, Bukele rejected conditions set by the International Monetary Fund for a $1.4 billion loan, which would effectively require El Salvador to stop buying Bitcoin. The Central American nation’s wallets still consistently receive Bitcoin, as recently as Wednesday.

https://decrypt.co/316186/bitcoin-friendly-el-salvador-pitches-tokenized-real-estate-sandbox-to-trumps-sec

El Salvador honors IMF deal, halting Bitcoin hoarding. “El Salvador continues to comply with its commitment to not hoard bitcoin by the fiscal sector,” says IMF’s Rodrigo Valdés.

Is this the end of their accumulation?


https://x.com/coinbureau/status/1916378594705596562?t=Kng8aviiC3SPN-_MFPyqBw&s=19