Josh Doña: Panama Could Benefit From Bitcoin Adoption Like El Salvador
On June 8, 2021, Satoshi Nakamoto smiled as wide as the horizon that can be seen from the west beach of El Zonte. After all, perhaps not even Satoshi could have predicted a sovereign nation adopting bitcoin as legal tender just 12 years after its invention. Since El Salvador passed their Ley Bitcoin, the entire cryptocurrency community has been anxious to know which country will follow as the second to pass a bitcoin bill, furthering the alpha coin’s presence on the world stage. As one of eight countries to have a politician don laser eyes after El Salvador passed their Ley Bitcoin, Panama could be that country. Though Panama’s population of 4.3 million is less than El Salvador’s 6.5 million, the global impact of a second country with bitcoin-centered legislation would be incalculable.
Lynne 3 year ago
The people in El Salvador are marching in the streets against this as it gets enacted in a week. Anyone who understands crypto knows you can loose it all in a second. Haven't we given up enough rights, now you're going to let those in control access to your money?? Does Panama want chaos in the streets? Watch the barter system become an economic reality. Try taxing that.
Oh ya 3 year ago
And as soon as your digital money is in a bank account the government will have complete control over you as they can shut down your bank account. And if you think that will never happen you need mental health help.