El Salvador President Nayib Bukele Wants to Host 44 Countries to Discuss Bitcoin

President Nayib Bukele has extended an invitation to around 44 countries around the world to gather at the Central American nation.

The long list of the sovereign state invitation includes 12 financial regulatory agencies and 32 Central banking governors. Bukele posted the invitation on his Twitter profile recently. The date of the meeting is currently undisclosed.

It is worth noting that Salvador became a prominent country on the world map last year when Bukele decided to elevate Bitcoin as a legal tender in the region.

Bukele has planned to issue a Bitcoin bond, a plan that was delayed recently, keeping in view the ongoing skirmishes between Ukraine and Russia. On the other hand, the plans for the development of a Bitcoin city in Salvador that would be powered by geothermal energy are also in full swing.

Bukele’s Invitation for Developing Countries

Bukele’s invitation for comment on Bitcoin is extended to Central Banks from Eswatini, Gambia, Honduras, Uganda, Republic of Guinea, Namibia, Sao Tome, Angola, Ghana, Maldives, Madagascar, Jordan, Burundi, Haiti, and Paraguay. Meanwhile, banking officials from Pakistan, SASRA, Rwanda, Costa Rica, Ecuador, Kenya, and Costa Rica are also welcome to attend.

There are reports that several countries are planning to make arrangements to get to the country to attend the meeting. Bitcoin Beach is a Twitter account that shared a map highlighting the countries that are invited to attend the Bitcoin conference by Nayib Bukele.

The tweet of Bukele where he talked about the Bitcoin meeting is getting a lot of attention from netizens.

Many economists believe that the current economic systems prevalent in the world are responsible for creating an exponential wealth division in the world. Due to such issues, a small percentage of people have amassed a considerable amount of wealth.

At the same time, others believe that cryptocurrencies like Bitcoin could be the key that can allow the leaders to break out of this notorious cycle.

Therefore, several commentators supported the idea proposed by Bukele by inviting developing nations of the world to join hands. At the same time, some posts are trying to predict a reaction from organizations like IMF that depend on developing countries to keep granting massive loans.

Leave a Reply

Your email address will not be published.