Why El Salvador Made Bitcoin Legal Tender with President Nayib Bukele

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What Bitcoin Did

What Bitcoin Did

Күн бұрын

In this interview, I talk to El Salvador President Nayib Bukele. We discuss the decision to make bitcoin legal tender, education & infrastructure, volcano mining, and why he believes bitcoin is a ‘no-brainer’.
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TIMESTAMPS:
0:00 Introduction
00:00:16 - Why did President Bukele decide to do this?
00:07:09 - What are the risks of making Bitcoin legal tender?
00:09:10 - The pressures of being a President
00:17:23 - Can this law be stopped?
00:23:52 - How will this fit into President Bukele's legacy?
00:27:12 - The Presidential term
00:30:10 - President Bukele's understanding of Bitcoin
00:32:57 - Why classical economists dislike Bitcoin
00:34:18 - The World Bank announcement
00:37:30 - Meetings with the IMF
00:39:23 - The 90 day rollout strategy
00:40:13 - Article 7 requirements
00:46:55 - Any plans to hold Bitcoin in the reserves?
00:50:03 - Government wallets
00:53:52 - Altcoins
00:55:47 - When is this starting?
00:56:12 - Investing Bitcoin for permanent residency
00:58:32 - Favourable tax codes
00:59:26 - Mining with geothermal energy
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****
“This is just exercising our sovereign right to adopt legal tenders, like we adopted the US dollar in the year 2001...the only difference probably is the reasons why we are doing this; in 2001, it was probably done for the benefit of the banks, and this decision is done for the benefit of the people.”
- Nayib Bukele
Location: El Salvador
Date: Friday 18th June
Project: El Salvador
Role: President
Twenty years ago, El Salvador became a dollarised nation, bringing economic stability to the country and improving the country's potential for investment. However, it did so at the cost of giving up its monetary policy to the US Federal bank.
Two decades later, following the COVID-19, the global economic outlook has changed significantly. As a result, the Fed has taken extreme measures to combat the economic impact of the pandemic and is printing money at previously unseen levels.
The stimulus packages that help American's do not make their way to dollarised El Salvador, but the people of Salvadorans do suffer the adverse effects of the US debasing the dollar.
Two years ago, Nayib Bukele won a landslide presidential election in El Salvador, becoming the first President since the Salvadoran Civil War who did not represent either of the two major parties.
As the founder of the political party Nuevas Ideas, President Bukele lived up to his reputation when on the 8th of June 2021, El Salvador enacted its Bitcoin Law, making it the first country to adopt bitcoin as a legal tender. The decision has been met with excitement and scepticism.
Could this bold move be a catalyst for prosperity in El Salvador? And will other nations follow suit, potentially helping billions?
In his first interview since the Bitcoin law was passed, I talked to El Salvador President Nayib Bukele. We discuss the decision to make bitcoin legal tender, education & infrastructure, volcano mining, and why he believes bitcoin is a ‘no-brainer’.

Пікірлер: 1 100
@shayneduncan6600
@shayneduncan6600 3 жыл бұрын
'They are upset with us but they haven't been nice to us anyway.' Well said.
@tommyjhback
@tommyjhback 3 жыл бұрын
Brave and honest. A real man.
@SpontaneousCube
@SpontaneousCube 3 жыл бұрын
Brilliant
@McNaryMusic
@McNaryMusic 3 жыл бұрын
understatement of the century
@ChristianPretorius
@ChristianPretorius 3 жыл бұрын
The world needs more people like this in government
@XGiveMeLibertyX
@XGiveMeLibertyX 3 жыл бұрын
Are you fucking joking? This guy just admitted he wants to be president for 20 years the fucking dictator
@johnunvaxxed1918
@johnunvaxxed1918 3 жыл бұрын
and fewer Merkels, Macrons, Trudeau puppets
@9trogenta13
@9trogenta13 3 жыл бұрын
No. The world needs less government.
@johnunvaxxed1918
@johnunvaxxed1918 3 жыл бұрын
how's their c-policy though? paranoid like Australia and Thailand, or more reasonable like Mexico and Brazil?
@thejimd
@thejimd 3 жыл бұрын
@@XGiveMeLibertyX Mainlining that western propaganda straight to the dome
@ancientkid1635
@ancientkid1635 3 жыл бұрын
THIS GUY IS A LEGEND FOR EVER THIS IS AMAZING GOD BLESS EL SALVADOR
@iBuyBitcoin
@iBuyBitcoin 3 жыл бұрын
what he did was so historical, probably one of the most important laws after abolishing slavery
@gutzz12
@gutzz12 3 жыл бұрын
lol
@ludwigvonmises1911
@ludwigvonmises1911 2 жыл бұрын
I see a bright future for El Salvador - if he keeps up the freedom.
@KennyOmegasCavity
@KennyOmegasCavity Жыл бұрын
@@ludwigvonmises1911 same! Bitcoins gonna make them so rich!!
@modulemodule
@modulemodule 3 жыл бұрын
Holy shit, he's a president AND a normal dude? He speaks so freely.
@elpupusero
@elpupusero 3 жыл бұрын
His father was very smart, his father was a scientific
@gmork9279
@gmork9279 3 жыл бұрын
Charisma is a political wheapon ;) don get fooled.
@LoveVibez
@LoveVibez 3 жыл бұрын
Very rare for us to see in see in the mainstream countries and nations for sure... For instance if your in the USA like I, everything goes through 20+ filters, with an agenda, narrative, and is essentially a form of manipulation to coerce the public or audience to form some point of view for another's benefit. It's wholesome to see these two speak about potential futures and the dynamics of modern life through this innovation that is Bitcoin. I enjoyed the conversation.
@GlynTaylor
@GlynTaylor 3 жыл бұрын
He speaks freely because he runs a dictatorship 😂
@traemeelhorizonte
@traemeelhorizonte 3 жыл бұрын
@@GlynTaylor He's got a super majority, that's not a dictatorship. Over 90% approval, his people love his leadership, that's rare. It's probably why the mainstream media will say he's a dictator and sheep will repeat anything they hear.
@TopShelfMontana
@TopShelfMontana 3 жыл бұрын
how did El Salvador get so lucky to have this guy as president? Wow. He seems so honest and genuine in his intentions. Awesome interview. This fills me wth hope
@MystiqWisdom
@MystiqWisdom 3 жыл бұрын
Don't be so naive, bro. Maybe too much sarcasm there? I can't even tell.
@alanross2876
@alanross2876 3 жыл бұрын
How are the citizens going to transact with btc with such high transaction fees?
@MrPikkabo
@MrPikkabo 3 жыл бұрын
Let's not praise politicians, sir. He might seem genuine and like a good person, but let's wait a couple of years before we actually categorize him as a "good" politician. Personally I've never seen a good politician so I'm waiting and watching his moves.
@johndoo2407
@johndoo2407 3 жыл бұрын
@@alanross2876 Strike, lightning network?
@MrEdwinlima
@MrEdwinlima 3 жыл бұрын
let me ask you something, do you have any idea why the presidente doesn't about bitcoin to the salvadorean people, only to foreigners? Do you now how many interviews has he given to the local media? Shoot one number. I think you should inform yourself better
@miareal1746
@miareal1746 3 жыл бұрын
This President is not a politician He is a leader that cares for his people and a leader that has the wisdom to and courage to think forward
@offshore33cc94
@offshore33cc94 3 жыл бұрын
Yes! I don't consider him a politician!
@ali2k4
@ali2k4 3 жыл бұрын
El Salvador will do well under him unless he is you know taken care of
@PankajDoharey
@PankajDoharey 3 жыл бұрын
@@ali2k4 I fear the worst, but the cronies in the country might be rattled.
@ixxgxx
@ixxgxx 3 жыл бұрын
no seas pajera. he's an egotistical dictator. when he sent the army into la assembles legislativa i lost all respect for him. he politically persecuted those on the left and right
@sleepyswan5902
@sleepyswan5902 3 жыл бұрын
They where both dirty! Only a scumbag like you would hate the fact that your country is in it's best shape ever since the 60s
@jollyswagman295
@jollyswagman295 3 жыл бұрын
A Visionary politician. Fearless,articulate. A man of the people FOR the people. I Salute you.......Peace Love and Respect.
@offshore33cc94
@offshore33cc94 3 жыл бұрын
Almost can't believe this guy is a politician!! #BITCOIN!!
@inferno336
@inferno336 3 жыл бұрын
He's not. Not haitng bitcoin, just him as a stipid dumb politician.
@bachateroforju
@bachateroforju 3 жыл бұрын
@@inferno336 how is he dumb?
@mytravelinfo3307
@mytravelinfo3307 2 жыл бұрын
He is very Humble person and kind also He has sense of humor! El Savador so lucky to have him as your president! God bless you Mr president and Elsavador!
@cartmaninlove
@cartmaninlove 3 жыл бұрын
You will have a special place in history books Mr. Bukele.
@carloscontreras2842
@carloscontreras2842 3 жыл бұрын
This president is so smart....best thing that ever happened to el salvador, since he came to power I am proud to say that I am Salvadoran.
@KennyOmegasCavity
@KennyOmegasCavity Жыл бұрын
I agree!!
@pepelapiu2004
@pepelapiu2004 8 күн бұрын
And I am proud to say I am moving to El Salvador and it will be an honor to try to become a Salvadoran.
@walterblake1
@walterblake1 3 жыл бұрын
If most presidents where like him the world would be a great place to live in.. congratulations to El Salvador for voting for this man and he will for sure be remembered in history
@falcon127
@falcon127 3 жыл бұрын
IF ONLY MOST PRESIDENTS WERE LIKE HIM AND MOST CEO's WERE LIKE ELON MUSK,... WHAT A DIFFERENT WORLD WE WOULD HAVE.
@zrusso8731
@zrusso8731 2 жыл бұрын
We're going for the second term 😊
@Epok317
@Epok317 Жыл бұрын
These comments are hilarious a year later.
@1knucklehead62
@1knucklehead62 3 жыл бұрын
This the first time in 48 years that I am seriously considering coming back to my homeland. Please don't give up Bukele !! don't ever give up You make me proud to be a from EL SALVADOR !!!!!
@yenverdiaz7557
@yenverdiaz7557 3 жыл бұрын
X2
@tupierorosa723
@tupierorosa723 3 жыл бұрын
I'm not El Salvadorian and even I'm considering moving there. I'm getting 1965 Singapore vibes.
@kevintejada3021
@kevintejada3021 3 жыл бұрын
Same bro same
@pepmintpatty
@pepmintpatty 2 жыл бұрын
Same I’m seriously considering it
@ceciliarodriguez9737
@ceciliarodriguez9737 2 жыл бұрын
I'm Going Hno I'm trying to get my $$ n a Big Lawsuit n Also getting my business ( Retail) going Thank GOD for Bukels n His Stuff
@lordfeo2
@lordfeo2 3 жыл бұрын
what a genius guy. I want to have president like him
@CBSInternational
@CBSInternational 3 жыл бұрын
Lol you are going to have a bad time
@LukesPersonalChannel
@LukesPersonalChannel 3 жыл бұрын
Costs you 3 Bitcoins.
@leonardo22895
@leonardo22895 3 жыл бұрын
@@CBSInternational why?
@elnova3854
@elnova3854 3 жыл бұрын
🐑
@ruddthreetrees1104
@ruddthreetrees1104 2 жыл бұрын
instead we've got a president that can barely form a sentence or walk up stairs. Awesome times.
@frankbenitez101
@frankbenitez101 3 жыл бұрын
if Bukele is a dictator, we need more like him one on each country. Surprisingly refreshing to hear this man discussing the future of his country, He does sound like a politician... a real human being that cares for his people.
@eagle032170
@eagle032170 3 жыл бұрын
We joke in El Salvador, well, we the Salvadorans because I’m living in the US, we make fun of the the dictatorship accusation saying “what a sweet dictatorship”. What a beautiful dictatorship translated literally . 😂
@aussienature2360
@aussienature2360 3 жыл бұрын
Coolest president in the world. I think he is genuinely trying to help his people .👏🏻 Good luck
@chrisjoyal6094
@chrisjoyal6094 3 жыл бұрын
This guy is incredible. Highly intelligent, speaks in a way that’s easy to understand, and gets stuff done...quickly. What a leader
@samuelboucher1454
@samuelboucher1454 3 жыл бұрын
This is a president who makes me want to move to his country.
@kevinjeter724
@kevinjeter724 3 жыл бұрын
Nice! Everyone argues that El Salvador is too dangerous but actually for the past 2 years its violence had plummeted to new lows. And with new money coming in from tourist, the president will be able to build stronger infrastructure to help keep people out of trouble!
@The_Situation
@The_Situation 3 жыл бұрын
I was thinking the same. The UK government is a joke.
@aljomardiez8454
@aljomardiez8454 3 жыл бұрын
Yes we can do it
@obduliocerceno4984
@obduliocerceno4984 3 жыл бұрын
I would visit too. Because of him and his government!
@anastasiominero
@anastasiominero 3 жыл бұрын
@@kevinjeter724 sure, the president is paying the gangs to burry people they kill, now you normally do not see corpses in the streets, only once in a while people find dozens of bodies under the ground.
@JoseMarquez01
@JoseMarquez01 3 жыл бұрын
My Presidente🧔🏻, Nayib Bukele is the best👌🏼. He’s young, intelligent and cool 😎 God bless El Salvador 🇸🇻
@jonnybingo4062
@jonnybingo4062 3 жыл бұрын
“Thank you Peter for dressing up for this interview, I can feel the respect you show by your tshirt and jeans.” President Bukele
@garethellis2889
@garethellis2889 3 жыл бұрын
President Bukele will go down in history, world-changing moves. Had me at "Removing the presidential outfit"
@hamzealawneh2812
@hamzealawneh2812 3 жыл бұрын
Best statement made here: “ America is the only country have a benefit of printing more dollars while our dollar value decreased” Much much respect +++
@ryanhill1216
@ryanhill1216 3 жыл бұрын
"There's plenty of money, if nobody steals."
@Rinconmaniac
@Rinconmaniac 3 жыл бұрын
I wish the people of El Salvador all the best. I'm glad they are getting out of the grips of the U.S. financial manipulation. Love from Canada!
@V12F1Demon
@V12F1Demon 2 жыл бұрын
Er... Canada is very much in lock step with the US 'financial system'.
@alessandrochaconcaringella2097
@alessandrochaconcaringella2097 3 жыл бұрын
Just incredible what's going on in El Salvador. The next 2 years are going to be so full of opportunities.
@sandyiglesias3207
@sandyiglesias3207 3 жыл бұрын
I wish every country will have leader like president bukele. The world needs this kind leadership
@hv7978
@hv7978 3 жыл бұрын
Impressive, impressive and impressive. What an interview ! What a leader !! El Salvador has been blessed by having such a leader.
@zendenbali
@zendenbali 3 жыл бұрын
I want to cry! I can't believe this exists! So beautiful to witness!!
@GChan129
@GChan129 3 жыл бұрын
No wonder the west slander him as a dictator. He has a bright mind, courage and loves his country.
@walterlopez4216
@walterlopez4216 3 жыл бұрын
Bingo, I’m from ES trust me only the elite don’t like him
@RGames12345
@RGames12345 3 жыл бұрын
They had nothing else on him to start a slander campaign, I believe. So went around that "dictator long shot" based on a decision made to remove remainings of reds on his system.
@jonathanfan8813
@jonathanfan8813 3 жыл бұрын
wait, some people portrait this guy as a dictator? he doesnt look like a dictator
@tylermax5119
@tylermax5119 3 жыл бұрын
That's what happens with Bolsonaro here in Brazil. Midia lies, don't trust them
@NitrogenBullet
@NitrogenBullet 3 жыл бұрын
The first dictator to try a little more freedom for his people. Politicians in free countries could learn something.
@Shizomis
@Shizomis 3 жыл бұрын
Lord please help our brothers and sisters in El Salvador 🇸🇻 make them a prosperous and free country, and a great place to live! Go Nayib
@chrisrobinson9324
@chrisrobinson9324 3 жыл бұрын
As a salvadorean I’m very proud of our president. This been inevitable seeing how he faced other issues in the country with persistence & determination. Like he said: you don’t have to like me you just have to trust the bitcoin system.
@nd-rt7dl
@nd-rt7dl 3 жыл бұрын
You guys are really lucky to have a leader like him. I never knew anything about your country until now.
@ernst91
@ernst91 3 жыл бұрын
*Salvadoran
@nickm7786
@nickm7786 3 жыл бұрын
I really respect this guy. I'm just a regular American, but I agree with everything he said. I salute your bravery and wish your country the best of luck...!!!
@mastermined7443
@mastermined7443 3 жыл бұрын
I f*cking love this guy.
@305mrmanny
@305mrmanny 3 жыл бұрын
all salvadoreans love him too!
@wilraul9695
@wilraul9695 3 жыл бұрын
Nayib Bukele is the real salvador(saviour in english)of his country, very smart guy!
@JackTheRipper369
@JackTheRipper369 3 жыл бұрын
Who would've thought that Peter would be interviewing a President of a Country. Great work Peter👏
@Luis-xr6ec
@Luis-xr6ec 3 жыл бұрын
That’s my president! Bold & Tenacious 🇸🇻
@shikhinmehrotra
@shikhinmehrotra 3 жыл бұрын
Wow! What a guy! President Bukele understands economics better than the 'Prize Winner' at this point and with humility! This is going down in history big time. Amazing to know there's at least one President out there that's super smart.
@patrickcadiente1253
@patrickcadiente1253 3 жыл бұрын
Future Nobel Prize Awardee 💪😎
@JonathanHilierChannel
@JonathanHilierChannel 2 жыл бұрын
@@patrickcadiente1253 Hopefully it works.
@markpalmer8083
@markpalmer8083 3 жыл бұрын
Suddenly have an urge to move to El Salvador with a leader like him
@mikaelfloden151
@mikaelfloden151 3 жыл бұрын
I f***ing love El Salvador ❤️❤️❤️ I just must visit you! My life is not fulfilled until I have.
@JM-kv2kn
@JM-kv2kn 3 жыл бұрын
Just bought a trip for 10 days on December! I wanna see what it's got to offer.
@suveettkalra5929
@suveettkalra5929 3 жыл бұрын
This guy is a Decent Human Being with Pride for his County, Ideals/ Protection for his Family / their Purchasing Power and Decency + Humility for the World, it's Different Power Structures and Institutions. Gosh, Hope we Had such Innovation Loving Politicians in India 🇮🇳
@pedroortiz4506
@pedroortiz4506 3 жыл бұрын
The media machine tries to make Bukele into a Dictator. Clearly he is intelligent and actually understands Bitcoin. Mucha fuerza!
@nd-rt7dl
@nd-rt7dl 3 жыл бұрын
The international community (USA, EU, UN, Human Rights Watch, IMF, International Bank, etc) are not happy because they don't want what is happening in El Salvador to start happening in other countries because they lose money and control over other nations and people. Good for El Salvador 👏👏👏👏
@ikaros21
@ikaros21 3 жыл бұрын
Exactly. They are already calling him a totalitarian regime because his taking extreme measures with criminals while here criminals are getting release and guys like floyd get a statue on his honor lol
@Jonathan_Vlog
@Jonathan_Vlog 3 жыл бұрын
@@nd-rt7dl That is correct, that is the main concern, the countries who handle the world may lose control if this also happens on the other countries.
@piplupsuper0
@piplupsuper0 2 жыл бұрын
makes you think whos in charge really, hmm.....
@Lucifers_waifu640
@Lucifers_waifu640 3 жыл бұрын
I am so happy to see so many comments from people all around the world!!! Makes me feel so proud that such a little star like el salvador is glowing so bright to the world!!!! Light up the world with your example Señor Bukele!! The best president ever!!!!
@dixienormus8406
@dixienormus8406 3 жыл бұрын
Came away from this feeling like he really wants to help his people. Which is rare from what I've seen from most politicians. I'm excited to see how this will benefit the people of El Salvador I wish them the best.
@budperry9338
@budperry9338 3 жыл бұрын
When your President duties are complete in El Salvador come to Canada. We have a Prime Minister role for you.
@joshuajames2425
@joshuajames2425 3 жыл бұрын
Nah American next our president has dementia lol
@yaderalvarado3951
@yaderalvarado3951 3 жыл бұрын
@@joshuajames2425 🤣🤣🤣
@frankjoy2455
@frankjoy2455 3 жыл бұрын
You have not met the Spanish one yet 🤦‍♂️
@veritasinvicta6909
@veritasinvicta6909 3 жыл бұрын
@Bud Perry yeah you need to get rid of your woke clown Trudeau.
@mtbsv5289
@mtbsv5289 3 жыл бұрын
Proud to be Salvadorian, Proud what our líder is making for us, first time in my life in 30 years, im pending of a president and for the first time i can say im proud to have a smart and young líder that really works for our benefit. 🇸🇻♥️
@pedroewert143
@pedroewert143 3 жыл бұрын
great quote from the interview: "The problem with using an international currency, that is not yours to print, you´re only absorbing the cost. Now your dollars are worth less, but you are not getting any of the new printed money, because they didn´t print it for you."
@Newlinjim
@Newlinjim 3 жыл бұрын
Even if it is yours the benefit is skewed to those receiving it first. Nothing about a fiat currency is fair or sustainable for the majority over time.
@marioevangelista8572
@marioevangelista8572 3 жыл бұрын
This President is cleaning the house for his people benefit ; then people who have Bitcoins, are welcome to spend their money helping to increase the economy , even when the Dollar is going down already, when US prinst
@marioevangelista8572
@marioevangelista8572 3 жыл бұрын
The US had prinst Dollars 4 times in the last 8 months to send money to people. In theCovid19 pandem crisis.( Like blank check) US. Ecconomy(Dollar) is going down.El Salvador have Dollar coin. Bitcoin is a bust to the ecconomy!.
@KrakenTechTutorials
@KrakenTechTutorials 3 жыл бұрын
I watched this to the very end, and found myself for the first time, admiring a politician and leader of a genuinely free people! El Salvador (The Savior) This guy is the real deal! Embracing the future Today!
@planecrazyish
@planecrazyish 3 жыл бұрын
The real world, thinks you're an intelligent and brave leader, with true vision. Congratulations on your achievement and best wishes for the future of EL Salvador and all those that follow your lead. You took the first step, and EL Salvador can be proud, that you have made History. Well done to you Sir!
@MrChuckomatic
@MrChuckomatic 3 жыл бұрын
Great job and Great President ! The people of El Salvador are lucky
@ddljddlj704
@ddljddlj704 3 жыл бұрын
Only president i have listened so long.
@Perro_salvaje_
@Perro_salvaje_ 3 жыл бұрын
You are not the first person to say that
@ddljddlj704
@ddljddlj704 2 жыл бұрын
@@Perro_salvaje_ that means most libratarian hate politicians then
@transam4889
@transam4889 3 жыл бұрын
OMG This F-ing guy is a Genius. This is exactly what I would do if I had a country to run. Complete respect.
@FullSend27
@FullSend27 3 жыл бұрын
I have so much respect for the leadership in El Salvador 🇸🇻
@Luke-cj7gz
@Luke-cj7gz 3 жыл бұрын
El Presidente gets it, like he really gets it. Thoroughly enjoyed listening to him. What a trailblazer!
@davematson939
@davematson939 3 жыл бұрын
"you don't have to trust me..." Bravo! Truth here. I love this guy.
@frankbenitez101
@frankbenitez101 3 жыл бұрын
That got me!!!, first time that i hear a head of a country saying that.
@herbertjung5992
@herbertjung5992 3 жыл бұрын
God, I feel so happy for the people in El Salvador. Big step in the right direction and great leadership!
@bitsnbots7541
@bitsnbots7541 3 жыл бұрын
Great man who will go down in history as the President who decentralized nations
@rohunvora3430
@rohunvora3430 3 жыл бұрын
THIS GUY IS A LEGEND
@sanjaysrivatsa2793
@sanjaysrivatsa2793 3 жыл бұрын
What an eloquent forward thinking statesman: Andale Mr. Presidente!
@ioanaioana8815
@ioanaioana8815 3 жыл бұрын
Let's make it work for El Salvador 😎. Ignacio Ellacuria : "Do everything possible so that liberty is victorious over oppression, justice over injustice, love over hate." ❤
@masteryoda9044
@masteryoda9044 3 жыл бұрын
From a Rapper in Canada to the President of El Salvador this guy has come a long way.
@soccerstars5709
@soccerstars5709 3 жыл бұрын
Wish America had a president like him.
@contsonis2756
@contsonis2756 3 жыл бұрын
You wish America had a President. Period.
@r9molina1
@r9molina1 3 жыл бұрын
I vote Republican but I can agree with you but The President of El Salvador is a right wing guy more conservative than anything. The U.S. right now is a joke a battle of tug o war between democrats and republicans and nobody agreeing on anything
@maudrownedworld
@maudrownedworld 3 жыл бұрын
@@r9molina1 yeah he’s right wing, pro life and very conservative yet for almost 2 years he’s had over 92% approval rate so people in the country don’t see him as right wing or left wing they just know he’s doing a good job and support him.
@naturallookbyeva3038
@naturallookbyeva3038 2 жыл бұрын
Yes absolutely
@avankleef
@avankleef 3 жыл бұрын
He is very in his right to do this. I hope other countries like El Salvador that only receive the downside of the US money printing can become independent from them in the future. And not left out.
@BikeRideTherapy
@BikeRideTherapy 3 жыл бұрын
He is one of the greates presidents ever. Soon El Salvador will become the Singapur of the Americas'
@AtoLinato
@AtoLinato 3 жыл бұрын
1 of the most important interview in human history
@MrClarosp1
@MrClarosp1 3 жыл бұрын
God is helping El Salvador giving us this man as Precedent.
@joshuajames2425
@joshuajames2425 3 жыл бұрын
Good luck to you and your country!!
@innerdinosaur5667
@innerdinosaur5667 3 жыл бұрын
Fantastic to see this young man becoming president of. El Salvador as a very bright future Viva El Salvador 🦖✌️🌋🌈
@thobtc
@thobtc 3 жыл бұрын
Superb interview Peter. El Salvador is now top of the list for a visit.
@johnunvaxxed1918
@johnunvaxxed1918 3 жыл бұрын
yo, skip Australia forever, visit El Salvador
@Kkiikkee10
@Kkiikkee10 3 жыл бұрын
People are quite welcoming there👏
@instantkarma2724
@instantkarma2724 3 жыл бұрын
It's incredible beautiful. Fantastic nature and beaches. Very nice people and you have to try their national dish "popusas"
@instantkarma2724
@instantkarma2724 3 жыл бұрын
And yeah btc is legal tender by the way
@cringe_on_purpose
@cringe_on_purpose 3 жыл бұрын
Peter: ..."why should people trust you?'" Bukele: "They don't have to, because bitcoin is an open and free system..."
@tonymontana9570
@tonymontana9570 3 жыл бұрын
El Salvador has vast surpluses of green electricity generation that will go into mining bitcoin, thus generating $ billions for the local economy while helping the rest of the world with a common problem. I've been to Iceland, they've been mining bitcoin for years, I can tell you that Iceland is an amazing country [apart from the weather] Iceland provides an awesome life to its citizens. El Salvador should take the same path.
@trustme2001
@trustme2001 3 жыл бұрын
I don't know about being a free system. There's definitely a cost to maintaining the infrastructure plus you have the banking cartel running coinbase. So how free and open can it be?
@omoklamok
@omoklamok 3 жыл бұрын
@@trustme2001 CHINA already ban mining bitcoin
@lifeisgood6798
@lifeisgood6798 3 жыл бұрын
@@omoklamok that's perfect we welcome them
@oscara8111
@oscara8111 3 жыл бұрын
From 4.55min, well said and this is why others will follow.
@rickymicky272
@rickymicky272 3 жыл бұрын
A president that's taking the name of his country to heart. And why not, with blockchain we can all help.
@wirirz6511
@wirirz6511 3 жыл бұрын
This president knows very well what's the main problem and knows what he is doing right now. He can see how the future going to be like, such a great ambitious president. Salute and Respect to El Salvador
@qayotee
@qayotee 3 жыл бұрын
I also get this feeling that I want to help El Salvador in some way. Bitcoin does something to humanity and I like it
@OriginalPeterPan
@OriginalPeterPan 3 жыл бұрын
This will impress many and shut up those that were calling Nayib Bukele. What an interview!
@gregorylivanos
@gregorylivanos 3 жыл бұрын
"Most people in the world are younger than you!" Hahaha! Great interview!
@mercurynfo
@mercurynfo 3 жыл бұрын
45:20 “…clean, no ear marks, no fine print, no pork, nothing hidden…”. Anyone on the Hill listening to this?
@offshore33cc94
@offshore33cc94 3 жыл бұрын
Of course not! They're all pieces of sh_t!!
@joshuajames2425
@joshuajames2425 3 жыл бұрын
They don't have to listen they have already captured all of the important institutions and banking Basically they will do whatever they want, seen that play out this last few years .. they twist all the captured press to push ppl whichever way they want and it works very well
@jamietheframe
@jamietheframe 3 жыл бұрын
I like this guy a lot. Really agree with a lot of what he says, he comes across as a very genuine person. Wish he was my President.
@kayann3
@kayann3 3 жыл бұрын
I will come back to this interview in 4 years 🤘👌👏
@HopeandI
@HopeandI 3 жыл бұрын
They better protect this man at all costs.
@Jonathan_Vlog
@Jonathan_Vlog 3 жыл бұрын
Right
@walterdiaz2003
@walterdiaz2003 2 жыл бұрын
The Dems don't like him.
@jamieplowman800
@jamieplowman800 3 жыл бұрын
"Its like the fiat system, nobody understands the fiat system" True, got me 😂
@jonnysteven9047
@jonnysteven9047 3 жыл бұрын
Don't waste your money in fancy platforms start earning $3200 with your phone or PC ask me how I will give you the link
@moralhazard1
@moralhazard1 3 жыл бұрын
I always try to mention that when I explain crypto to people lol. They ask so many questions, understandably, because it's a new thing, but when you ask those same questions about fiat, they realize "oh yeah, I guess bitcoin is a better option" 😁
@tsharpe3555
@tsharpe3555 3 жыл бұрын
He is a smart man. Nobody is helping his country anyway. You may as well do your own thing. I wouldn’t want another country to control my country by their currency so you may as well control your country yourself.
@shaman_ns
@shaman_ns 3 жыл бұрын
Yup. Well played
@dallas_barr
@dallas_barr 3 жыл бұрын
11:25 "There's always going to be haters, that's how free speech works, right ?" Bam! El Salvador giving a lesson about free speech to the rest of the world right now!
@ascendrio
@ascendrio 3 жыл бұрын
In 10 years we´ll look back at this point in time and we´ll hit ourselves over the head for ever thinking otherwise. The only reason is that because most people just don´t understand it yet.
@offshore33cc94
@offshore33cc94 3 жыл бұрын
Exactly! El Salvador will thrive!!
@josehernandez-jy8kr
@josehernandez-jy8kr 3 жыл бұрын
he will make a good historic.
@JustSomeGuyWlthoutAMustache
@JustSomeGuyWlthoutAMustache 3 жыл бұрын
What a nice man! This is how a leader of a country SHOULD be! Mad Respekt !! 👍🏽
@kayworld6861
@kayworld6861 3 жыл бұрын
I'm proud of being El Salvadorian left when I was 2 years old went back when I was 8 and my blood always gonna be el Salvadorian. Best president in the world for the people and make us all proud all around the world to be el Salvadorian. I will go back one day and show my wife and kids there mother land. Education is the key. Respect from Australia you make us proud keep doing what u doing the world see it.
@wrlk636
@wrlk636 3 жыл бұрын
"President costume," haha, I already like him!
@Needlestitch
@Needlestitch 3 жыл бұрын
Indeed. Politics is theatre for the most of it.
@Perro_salvaje_
@Perro_salvaje_ 3 жыл бұрын
@@BitcoinAndChess he actually doesn't wear a tie.. he hates them...lol Even for his inauguration ceremony when he took the presidency chair he didn't wear one
@eagle032170
@eagle032170 3 жыл бұрын
That’s what he usually wear, sometimes a leather jacket. Only in special events he wear the purple socks 😂
@simplementemarina5386
@simplementemarina5386 3 жыл бұрын
He has said, that he does not like ties, he has problems with it, and he always appears without ties. Take a look at all the videos
@MrCyberamp
@MrCyberamp 3 жыл бұрын
Coolest president 😎🙌 will be visiting ElSalvador for sure!
@croydenwheeler7017
@croydenwheeler7017 3 жыл бұрын
What a great president! So in tune with what's going on and what the people one. He also actually understands. Going to be exciting times for El Salvador
@sanjinkubrick7897
@sanjinkubrick7897 3 жыл бұрын
I wish this was my president
@LukesPersonalChannel
@LukesPersonalChannel 3 жыл бұрын
3 Bitcoins and he can be.
@yaderalvarado3951
@yaderalvarado3951 3 жыл бұрын
@@LukesPersonalChannel 🤣🤣🤣🤣 That's a good one
@mordecaisackett9421
@mordecaisackett9421 2 жыл бұрын
This man seems genuine and honest. I believe he will build El Salvadore into a modern financial hub with Bitcoin. Bukele will be famous for a long time while his critics are forgotten.
@aljomardiez8454
@aljomardiez8454 3 жыл бұрын
That's a powerful interview GOD BLESS PRESIDENTE BUKELE GOD BLESS EL SALVADOR Saludos desde Santa Ana El Salvador para todo el mundo.. adelante YES WE CAN
@hibiscus2031
@hibiscus2031 9 ай бұрын
Lmao god
@AnthonyDoesYouTube
@AnthonyDoesYouTube 3 жыл бұрын
I am moved to tears by this. I hope every other Latin American country does the same
@scrooge-mcduck
@scrooge-mcduck 3 жыл бұрын
"Very easy to be younger than him… [the American president]" - well said. Respect to El Salvador!
@connielinares66
@connielinares66 2 жыл бұрын
Wow amazing interview Peter, Bukele is very humble and smart Thanks a lot Peter for that interview 🙏🏻
@olveaustlid4383
@olveaustlid4383 3 жыл бұрын
Bukele is an amazingly forward thinking politician. I can understand why is so popular in El Salvador. He gives people hope for a better future. I wish more politicians were like him.
@1218joker
@1218joker 3 жыл бұрын
He makes me feel proud of my country 🇸🇻
@mikefernandez1367
@mikefernandez1367 3 жыл бұрын
Since he took office two years ago on a pledge to fight gangs, squash corruption and break with the country's entrenched political parties, Bukele's approval ratings have hovered around 90%, practically unheard of in politics. my family members that still live in el Salvador is very happy with him, the best we have they say in the las 30 years .
@fusion9619
@fusion9619 3 жыл бұрын
I wanna help them build their volcano miner.
@pitmanncb4368
@pitmanncb4368 3 жыл бұрын
i just hope the president does not have a car crash, plain crash or any freak accident that seem to happen to people that try to look for alternatives to the big banks (IMF). Thanks for risking it president you are very brave. No one likes to be first at this sort of stuff.
@olgasorto3041
@olgasorto3041 2 жыл бұрын
God protects him! We Salvadorans believe in God, nothing negative will come on his way because God is with him!
@anthonygr5033
@anthonygr5033 3 жыл бұрын
El Salvador just elected the best president in the world. Mexico too. But El Salvador is headed for 1st world status in a few years we hope.
@freedommoney1693
@freedommoney1693 3 жыл бұрын
What a wonderful human being and president. I wish we had more like him
@bitcoinbombz5605
@bitcoinbombz5605 3 жыл бұрын
Beautiful interview. I was almost in tears when he mentioned schools that could be named after The Bitcoin Law
@lamebrisee
@lamebrisee 2 жыл бұрын
me too tears of joy :)
@davidgross2684
@davidgross2684 3 жыл бұрын
godspeed a man ahead of his time, if only our founding fathers could see him, and see where we are
@stevepeungraksa5661
@stevepeungraksa5661 2 жыл бұрын
We used to be proud of our Pupusas, now we can also be proud of Presidente Bukele.
@arhgentumm
@arhgentumm 3 жыл бұрын
My new favorite country leader. Go Salvador!
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