El Salvador Adopted Bitcoin As A National Currency. Here’s How It’s Going.



It’s been seven months since El Salvador President Nayib Bukele declared bitcoin as a national currency, but so far, the country has seen confusion, glitchy transactions and fluctuating prices that have left most Salvadorans slow to adopt. NBC News’ Gadi Schwartz has a closer look.» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
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#ElSalvador #Bitcoin #Economy

El Salvador Adopted Bitcoin As A National Currency. Here’s How It’s Going.

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44 comments

  1. Not an international tv channel copying the work of youtubers like Uptin and Drew Binsky lol. It reminds me of this video https://youtu.be/iAQWvhn-lWg but his is so much more interesting

  2. Every single project takes time and specially if all international system is against it.
    7 months have passed for something new for EVERYONE!!! So yea it will not be perfect or smooth.

  3. Bitcoin is a scam. PERIOD

  4. I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

  5. Ich bin neu in der Kryptowährung und verstehe nicht, wie es wirklich funktioniert. Kann mir jemand den richtigen Ansatz zum Investieren und Erzielen guter Gewinne aus Kryptowährungsinvestitionen zeigen?

  6. seem like the reporter have very hard time using Bitcoin, kind hard to report on something you don't how to use it.

  7. Those 70% don’t want Bitcoin

  8. I agree to all that is being said, If there’s one thing I’ve learnt recently is to remain calm especially when it comes to investment in Cryptocurrency. if bitcoin doesn't go bearish further, it means we may get a period of some relief rallies across then markets would be good but the crypto market is unstable and you can’t easily tell if it’s going bullish or bearish. While myself and colleagues are trading without fear of making losses but profits, others are being patient for the price to skyrocket, well It all depends on the strategy/signal you follow. I was able to amass a lot of profits 11.5 btc! when i started at 3.5btc by implementing daily trade signals and strategy from Feven Lena..,.,,.,.

  9. 🇸🇻 Our financial system can destroy any world's currency.but some people from other countries just can illegaly invade our country,make wars and try to stop us. for that reason. .I.

  10. Weak level of journalism.

  11. <Always good to hear your logical analysis. Do yourself and family a favor and stop stressing the day to day headlines, trade a small percentage of your portfolio rather than going in and out trying to time the market👌trading went smooth for me as I was able to raise over 9 BTC when I started at 2.2 BTC in just few weeks implementing Bobby Lucas's daily trading signals and tips.

  12. I'm a skeptic, <-yet I'm familiar with a lot of elements of BTC. So, let's get a few things straight: BTC is an investment asset – it's scarce, like gold, but it's easier to obtain, and large firms like PayPal and Grayscale, as well as a slew of banks, hedge funds, and ordinary people, own it. Whales with self-hosted bitcoin wallets have a hard time selling it without going through KYC, which can be financially disastrous in some situations. People lose access to their bitcoin wallets, causing their bitcoin to be frozen indefinitely. The hype and fear of missing out (FOMO) are on the rise, and most individuals merely buy and hodl bitcoin. You must realize that traditional stock market fundamentals do not apply. BTC may become even more desirable as a result of the new regulations (although have a minus). Basically, anything that could prevent bitcoin from mooning, in my opinion, would be strict regulation and greater investment options uncovered by bitcoin owners. However, it is recommended that you develop a workable strategy/daily signals in order to build and expand a robust portfolio in the future. Despite the recent volatility, I have been trading using Mr David Mayor daily signals and method. His direction makes trading less stressful and more profitable. With David Mayor daily indications, I was able to easily expand my portfolio from 0.5 BTC to 7.2 BTC in just 4 weeks of trading. His daily signals are extremely precise, resulting in a high positive return on investment and is willing to help anyone who is interested in crypto trading; you can reach him on Telegram ( @Dave_signal1 ) (no additional digits or letters) for questions and effective trading techniques.

  13. wow, this is wonderful it is really a great thing to see others who trade with Mrs Anabel Jackson. i am currently on my 8th trade with her and my profit has increased tremendously.

  14. HELLO, I'M NEW TO CRYPTO AND FOREX TRADING AND I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

  15. I still see cryptocurrency as one of the best digital investment and i totally love the technology when it comes to the largest crypto asset Bitcoin As a trader, i have been able to understand that there are two sides when it comes to crypto and everyone has their opinions when it comes to choosing sides, though i am not kicking against Hodl, but i see it as an old and odd strategy to make profit of the market as when the market goes bearish investors/traders loses their investment which is always painful, when you can take advantage of the market by involving in day trading or copying trade alert from a professional trader that understand the market and use strategy to generate signals daily to make profit to grow your portfolio. i started with 2.5 BTC and i have accumulated over 8.6 BTC in just three weeks, with the trading strategy given to me by expert trader Salvador Herndon.

  16. msnbc in full propaganda mode. disgusting. I will be so happy when you guys disappear for sucking

  17. These regular people are not accepting BTC Bitcoin because they enjoy being broke blokes

  18. How can u make a currency NATIONAL currency when u have no control over it?

  19. Yeah, okay. Which financial institution paid for this video? lol

  20. Instead of Bitcoin, Salvadorans should learn how to code. In no time, they would have
    had money in their pockets, and fractional equity shares as their main phone apps.
    Petty Politics and anti-USA narratives only hurt the population, and enrich the local elites.

  21. avoids fees yet takes $.99 per transaction

  22. It <makes sense, BTC and crypto is off helping to regulate, rather that pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. And benefits they were unaware with before turn out to be far more beneficial. Few if any rug pulls. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. I’d get involved more knowing that I have made over 16` btc from day-trade with Anika Hobson Crypto in few weeks

  23. This is a surefire way to rekindle the revolution in El Salvador, Ronald Reagan must be spinning in his grave.

  24. So pathetic. They didn't need to do this to an entire country..

  25. The president is savage, (okay boomers) lol.

  26. Growing Economy or Declining economy has little to do with what currency it uses.
    There are more retail crypto transaction in Argentina per month that annually in El Salvador, Agrentina is still a basket case

  27. Like… why not just set up proper legitimate banks in the country to begin with? Why go with the cult-like hype of Bitcoin? This President is gotta be a joke supporting Bitcoin and such cult-like movements… I pray for the El Salvadorian people cause if they let their President go down these paths like this continuously, their country is going to get into even more troubles than they already have now. Like how could a President be so easily influenced by black magic like this? El Salvadorians, pray for your President, for him to wake up and stop dreaming.

  28. I want to 👆👆express my appreciation to you for the kindness during difficult time thank you so much for the 2BTC!

  29. Even Rubles would be more practical…lmao

  30. Calling someone "Boomer" while playing with fake coin??????

  31. You're the best 👆when it comes to bitcoin mining I really appreciate thank you for the 2btc sir🙏,

  32. Hermosa eleccion 7😍 SEXTINDER.Uno de mejor siempre en mi corazónv mañas no se la.🌹🤩💜 Son unos de los mejores conciertos.

  33. Might want to look at the reason why 70 percent of people didn't have a bank account

  34. They must understand every country that tried something like this was attacked financially and every other way

  35. El Salvador you are doing the right thing… don't trust this crap

  36. Everything reeks inflation in the economy…. I don't know who, however a person desires to pay attention to this, you have to stop relying on the government and saving all of your money . Venture into making an investment a few in case you actually want monetary freedom

  37. give away bitcoin to start them using it to catch on faster DUH

  38. I raise Ducks for meat and eggs. If someone offered me Bitcoin for a Duck I would turn it down. What is a Duck worth 1 or 100 or a thousand Bitcoin?
    I would tell them to come back with money and we make the sale.