Since El Salvador adopted bitcoin as legal tender, President Nayib Bukele has been a vocal proponent, citing its adoption as a benefit for all Salvadoreans.
This week, the charismatic leader continued his efforts, attempting to orange-pill central bankers and financial ministers from 44 countries:
Meeting to Discuss Bitcoin
According to a tweet from Bukele, who regularly buys the dip, the president hosted a meeting this week with 32 central banks and 12 financial authorities “to discuss financial inclusion, [the] digital economy, banking the unbanked, the Bitcoin rollout and its benefits in our country”.
The meeting involved representatives from Paraguay, Nigeria, Angola, Ghana, Namibia, Uganda, Republic of Guinea, Madagascar, Haiti, Burundi, Gambia, Honduras, Madagascar, Bangladesh and Maldives.
‘Gradually, Then Suddenly’
An opt-repeated hypothesis for global Bitcoin adoption is how Ernest Hemingway described going bankrupt – “gradually, then suddenly”.
Noting that attendees to the meeting were those who seemingly benefited least from the current financial system, commentators quickly started speculating as to how things could play out.
Derek Ross of Swan Bitcoin envisioned the possibility of bitcoin-denominated trade:
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