11 August, 2022

Salvadoran diaspora waiting for the entry into force of the Bitcoin Law

photo VD: Milagro Orellana.
Editorial Dept. Voz de la Diaspora

U.S -Beyond the economic issue the diaspora in the city of Los Angeles, California, one of the largest Salvadoran cities in the United States, Even those who are followers of President Bukele are concerned about the recent ruling of the Supreme Court of Justice that opens the doors to a reelection of the president.

Despite the popularity of President Nayib Bukele, more and more Salvadorans inside and outside the country oppose some of the main economic and political measures adopted by their administration, considering them unconsulted, and almost unknown.

photo VD: Milagro Orellana.

El Salvador is the first country in the world to establish bitcoin as legal tender, a bet that has earned Bukele opinions found by experts and analysts around the world.

The measure that will enter into force by law on 7 September keeps in suspense, especially to a large part of the diaspora of Salvadorans abroad who still do not assimilate what the handling will be to send remittances, and how a generation of senior citizens who receive them in the country will be able to handle two currencies, so different from any point of view.

video CEO: Milagro Orellana.