BITCOIN NOW A LEGAL CURRENCY IN EL SALVADOR. AT THE COUNTRY'S PRESIDENT ANNOUNCED THE MOVE EARLIER THIS MONTH AND JOINING ME NOW IS THE CHAIRMAN OF THE BITCOIN FOUNDATION BROCK PIERCE. RECENTLY HE TRAVELED TO EL SALVADOR TO MAKE BITCOIN THE OFFICIAL CURRENCY. BROCK, GREAT TO HAVE YOU. LOVE TO HEAR ABOUT YOUR TRIP TO TAKE US INSIDE YOUR DISCUSSIONS AND GIVE US THE PICTURE ON HOW IT WILL BE IMPLEMENTED AND HOW DID YOU GET EL SALVADOR TO AGREE TO ALL OF THIS? WHAT ARE THEIR GOALS? I MEAN, EL SALVADOR IS A NATION THAT HASSTRUGGLED WITH A NUMBEROF ISSUES.
70% OF THE POPULATION DO NOT HAVE ACCESS TO BANKING OR BASIC FINANCIAL SERVICES.THERE HAVE BEEN CRIME OBVIOUSLY, THE SHARED STRUGGLE RELATED TO LOCKDOWNS THE PANDEMIC. SO, I WAS VERY EXCITED TO LEAD A GROUP OF MORE THAN 30 INDUSTRY LEADERS AND EXPERTS DOWN TO MEET WITH VARIOUS OFFICIALS FROM THE CENTRAL BANK FINANCE JUSTICE, HEALTH, TOURISM ECT. TO UNDERSTAND THEIR OBJECTIVES, THEIR TIMELINE TO SEE HOW WE COULD BE OF SERVICE APPEARED WITH A PLAN TO ROLL THIS OUT IN UNDER 75 DAYS. A DAY ARE AN EXTRAORDINARILY ENTREPRENEURIAL GOVERNMENT CUTTING THROUGH RED TAPE, AND FOR MANY THINGS IN RECORD SPEED. I WAS ABSOLUTELY AMAZED.I MEAN, IT SEEMS TO ME THAT THIS IS A GOOD ANTIDOTE FOR THOSE COUNTRIES THAT DO HAVE SUCH TROUBLE HAVING ACCESS TO BANK ACCOUNTS, THESE PEOPLE WHERE YOU HAVE SUCH TROUBLE HAVING THE ACCESS, THIS SEEMS LIKE A GREAT IDEA. ALSO, VERY POSITIVE FOR PEOPLE OUTSIDE OF EL SALVADOR TO BE ABLE TO SEND MONEY, AND RESOURCES BACK TO FAMILIES THERE. ARE YOU LOOKING TO ADOPT THIS AND OTHER COUNTRIES? TELL ME WHEN OTHER COUTRIES YOU ARE LOOKING AT AND WHO YOU THINK IS POISED TO ALSO CREATE A LEGAL TENURE IN THEIR COUNTRY. SO, IT LOOKS LIKE THIS MAY BE KICKING OFF A CHAIN REACTION JUST IN THE CENTRAL AND SOUTH AMERICAN REGION. YOU HAVE GOT INTEREST FROM BRAZIL, MEXICO, PARAGUAY, NICARAGUA. IT'S AMAZING WHAT WE ARE SEEING BECAUSE EVERYONE iS LOOKING TO EL SALVADOR AND THE SEEING THE INCREDIBLE LEADERSHIP COMING FROM THAT PRESIDENT AND GOVERNMENT.
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