- While many other countries in the region approach cryptocurrencies with a positive perspective, El Salvador, one of the Latin American countries, adopted Bitcoin as legal currency in September 2021.
- President Petro shared a message stating that the technology of cryptocurrencies could be promising for the Colombian people.
- On the occasion of the BTC possession, President Petro said that he would initiate the opening of working groups in public administration and communities wherever technology is beneficial to the economy.
The President of Colombia, a South American country, is now a Bitcoin HODLer: Insights into cryptocurrencies from Petro!
Colombian President Gifted with Bitcoin
A development that could mark the beginning of another Bitcoin adoption story in the South American region has occurred. Colombian President Gustavo Petro officially became the owner of a BTC. While many other countries in the region embrace cryptocurrencies with a positive outlook, El Salvador, a Latin American country, officially adopted Bitcoin as legal tender in September 2021.
Samson Mow, the company’s CEO, gifted the Colombian president with BTC worth 100,000 sats. Following this, President Petro shared a message stating that the technology of cryptocurrencies could be promising for the Colombian people. Samson Mow said:
“The Colombian President is now definitely a Bitcoin HODLer. Exactly 100,000 sats.”
President Petro, on the occasion of owning BTC, stated that he would initiate working groups in public administration and communities wherever the technology is beneficial for the economy. He mentioned that cryptocurrencies and blockchain are advancing worldwide and will experience developments towards the future. These technologies can promise hope for the well-being of people.
Argentina Advancing Crypto Adoption
After Argentina elected right-wing leader Javier Milei as the new president on November 19, 2023, Max Keiser, Bitcoin advisor to El Salvador President Nayib Bukele, requested permission for the Argentina Bitcoin team to visit El Salvador. Subsequently, according to COINOTAG, President Bukele approved the visit of the Bitcoin El Salvador team to Argentina for a “Bitcoin diplomacy mission” aimed at “peace and economic freedom.
