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In this video, I discuss the implications of El Salvador making Bitcoin legal tender. This is the first move in a coming arms race by sovereigns to add Bitcoin to their balance sheets.

Bitcoin is good for the unbanked of El Salvador, and for those who send remittances to El Salvador.

Not investment advice! Consult a financial advisor.

Why Bitcoin will never become legal tender:
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Bitcoin becomes legal tender in El Salvador:
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No capital gains tax for Bitcoin in El Salvador:
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Bitcoin can work without the internet:
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El Salvador buys its first Bitcoin:
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Bitcoin mining using volcano power:
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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

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Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.

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