The adoption of Bitcoin as legal tender in El Salvador has prompted several lawmakers in Latin America to follow in its footsteps. Now, in a sign of the times, a number of them are sporting Lazer eyes on their Twitter profiles.
On June 6, El Salvador’s millennial president, Nayib Bukele made a stunning announcement at the Miami Bitcoin conference that his majority government is set to legalize Bitcoin. This means El Salvador will become the first country to greenlight the world’s largest digital currency.
Bukele opines that the move will pave the road for an inclusive economy and steer humanity in the right direction over the longer run.
Silva also clarified that he plans to put together a proposal and those willing to contribute to it can reach him.
Although crypto optimism remains at an all-time high, the prices of Bitcoin continue to stumble. The news of El Salvador’s adoption has had no impact on the institutional demand or the broader outlook for BTC. The currency’s prices have recorded a 10% decline, from $36,000 to $32,500, since Bukele’s announcement.