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* BIRTH OF THE 1st CRYPTO-NATION ??
= </> = ‘Saludemos la patria orgullosos de hijos suyos podernos llamar’….
…. those are the forewords to EL SALVADOR ANTHEM.
“ Let us greet the homeland, proud of its children, it can call us” …
You may…hum along the anthem of the FIRST CRYPTO-NATION on earth !!
* NAYIB Armando BUKELE ORTEZ, The leader and president of EL-SALVADOR virtually attended the MIAMI Bitcoin Conference on the 4,5th of June 2021, and announced that his country will accept BITCOIN as a LEGAL TENDER and a STORE of VALUE, as a CRYPTO-ASSET to be purchased by its central bank !!
We are a long way from the Silk Road usecase of the “ end of the Bitcoin Stone Age in 2012”, especially once a nation, or a government here, actually recognizes a crypto-asset, outside of ‘In Virtual Life’ (#IVL) or even….
I. #ECOSYSTEM: Now…What should ‘EL SALVADOR’ … do next, to build it?
Create El Salvador’s either a crypto-asset, or…CRYPTO-BOND, or even, a..‘stable coin’,… or , why not… calling it this time, a “CRYPTO-CURRENCY” a national one, that ‘mimic’ or copy, as close as possible, the Bitcoin deployment (Including, proof-of-work, security layer).
‘El Salvador’ should, also…..
Make sure that its new digital currency/asset is also fully ‘compatible’, or ‘Blockchain Inter-operationnal’ and ‘exchangeable’ with the Bitcoin.
==> Let’s call it ‘SAL’ by the way !! :))-
El Salvador, should back that new crypto-currency, by buying on a regular basis, on ‘SAL-coast average’ (In correlation to the national’s economic growth, and the Global Bitcoin ecosystem’s growth) a certain amount of #Bitcoin and other crypto-assets to support El Salvador’s effort, thus, lending credibility to El Salvador’s decision !
==> Go further, …. Create a digital crypto-Market and exchange in El-Salvador, too !
—> Make sure that El Salvador’s people do benefit from its new Ecosystem , by creating a maximum of ‘WIN-WIN Joint ventures’ between those incoming foreign startups and local projects.
El Salvador could also setup crypto THINK-TANKS, schools, coding-schools, (Like our partner, #Faster Capital, already on the ground…), and incubators in spanish and english, aimed at… training, nurturing tomorrow’s El Salvador’s crypto-talents and entrepreneurs.
Fifth but not least, is of course, the question of energy and how could ‘El Crypto-Salvador’ mine Bitcoin and its own national crypto-asset with the cleanest ( and non-fossile) possible source of energy …
IN FACT …
El-Salvador has already done it…by using …. VOLCANO ENERGY !!
How BADASS is THAT !?
Here’s the EXCLUSIVE drone-shot, from DRONE DJ, of the most innovative Bitcoin Mining facility, using geothermic energy coming from VOLCANO, of ALL TIME, here !!
… SIX, and LAST POINT, for today ? :
Create an ‘Electronic Firewall’ a TECHNOTRONIC structure, made of hardware and software, to protect El Salvador Cyberspace in a few years, as ennemies of the Crypto-space and ‘Sh*tcoin Scammers’ will try to derail ‘El Salvador’s crypto effort, as we’ve seen before, elsewhere in the world….
An ‘Electronic wall’, comparable only to the…
II. ‘GREAT ELECTRONIC WALL OF CHINA’ ?…or … even the … ‘SMALL ELECTRONIC WALL of the 2 KOREAS’
Also known, as the ’ DMZ- ELECTRONIC WALLS OF SOUTH AND NORTH KOREA.
* The ‘Small Electronic wall of the Koreas’, for exemple, is using SNI filtering to block websites from abroad, as requested by the internet watchdog, KCSC.
South-Korea and the North have now both established an “Electronic DMZ” which replicates the one ‘Korean DMZ’, as it is offically known, existing in the physical world and IRL (In Real Life) ..to shield and protect their respective sovereign cyberspace
There are points 7, and 8, 9 and 10, to come… but it would be easier to simply invite #ADMP to El Salvador and hear it from us, once on the ground, to provide better insights !! :))-
That’s all Folks’ ! :))-