El Salvador Hosts “Adopting Bitcoin” Conference With Over 100 Speakers
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El Salvador, the first country to legalize Bitcoin (BTC), is hosting an “Adopting Bitcoin” conference to promote financial freedom. The Adopting Bitcoin conference will take place on the 15th-17th. November, bringing together some of the most popular figures in the Bitcoin industry. The information was published a few hours ago a Press release.
El Salvador Hosts Bitcoin Conference
El Salvador will host the “Adopting Bitcoin” conference on 15-17 November. Thanks to the introduction of Bitcoin, the country has been chosen to host this unique Bitcoin conference, which is expected to attract over 100 speakers. from more than 30 countries around the world.
It is worth noting that the event is organized by Galoy Inc., a company already established in El Salvador with the Bitcoin Beach Wallet. According to a press release, the first two days of the event will be held at the Crowne Plaza convention center in the nation’s capital.
Jon Atack, Bitcoin’s core developer, will be present at the event, highlighting Bitcoin-related technology and development. At the same time, Mexican senator Indira Kempis is also participating in the economic negotiations. For those who do not speak English, live translations are available for attendees.
Galoy CEO Nicolas Burtey said:
“No one expected a sovereign nation to adopt Bitcoin as legal tender in 2021. The move has changed public perception of both the country and the currency. El Salvador is now taking steps to become the Singapore of Central America and a beacon of financial inclusion, while Bitcoin has proven to be an excellent medium of exchange that can facilitate millions of daily transactions.
At the same time, Bitfinex is one of the main sponsors of the event. The exchange is one of the largest in the industry and has been offering trading solutions to investors for many years. Bitfinex CTO Paolo Ardoino said the company is proud to be El Salvador’s partner in its journey to financial freedom. Bitfinex is also working in the country on various projects to help the local community.
El Salvador was the first country to make Bitcoin legal tender in 2021. Despite facing a lot of pressure from financial institutions around the world, the country continued with its plans to adopt Bitcoin and improve people’s lives. In addition, the country aims to become less and less dependent on traditional financial institutions.
In the future, there may be other countries that make Bitcoin legal tender. We must not forget that the Central African Republic (CAR) has already made Bitcoin a legal tender in the country. However, El Salvador had a big impact (at least as covered by the mainstream media).
Bitcoin (BTC) is the world’s largest cryptocurrency and was launched in 2009 during the global financial crisis. At the time of writing, Bitcoin is trading at nearly $19,500 and has a market cap of $375 billion.