El Salvador’s recent move in the crypto world is like finding out your grandma is a secret Bitcoin miner – unexpected but kind of cool! The country’s Congress, probably after a heavy session of ‘Crypto for Dummies,’ decided to offer speedy citizenship for Bitcoin donations. 🏃♂️💸
The lawmakers, led by Nayib Bukele’s party (maybe they accept campaign donations in Bitcoin too?), passed this law on December 21. It’s like saying, “Hey, give us Bitcoin, and we’ll give you a passport – Black Friday deals have nothing on us!”
JUST IN: El Salvador has passed a law to grant citizenship to foreign Bitcoin investors
— The Spectator Index (@spectatorindex) December 21, 2023
Now, the exact details are sketchier than a back-alley NFT sale. There’s no minimum donation mentioned, leading to a whole new meaning to ‘every penny counts.’ Maybe tossing a few Satoshis their way might get you a spot? 🤷♂️
And the man behind it all, Bukele, has taken a break from being El Salvador’s top guy to focus on his reelection campaign. Maybe he’s out there mining Bitcoin to fund his posters? 🤔
The National Bitcoin Office, or ONBTC (sounds like a hip tech startup, doesn’t it?), hasn’t said much officially. They’re probably too busy checking the crypto charts.
But hey, if you’ve got a spare million in Bitcoin or Tether lying around, El Salvador also offers a Bitcoin “Freedom Visa.” Because nothing says freedom like investing a fortune in a country you might’ve Googled once!
So, to sum up, El Salvador’s like that friend who jumped on the Bitcoin train and now can’t stop talking about it. Except this friend offers passports, not just boring dinner party conversations.
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