Get my new Bitcoin book:<br /><a href="https://www.amazon.com/gp/product/B08RX8Q4ZQ" target="_blank" rel="nofollow">https://www.amazon.com/gp/product/B08RX8Q4ZQ</a><br /><br />In this video, I discuss the breaking news that El Salvador will soon recognize Bitcoin as legal tender, as well as adding it to its balance sheet. El Salvador is the first country in the world to move to the Bitcoin standard.<br /><br />This is the beginning of an arms race, in which countries and central banks around the world move to acquire Bitcoin, thus further monetizing it.<br /><br />Any developing country like El Salvador that moves from a US dollar standard to a Bitcoin standard is able to remove itself from being collateral damage of Federal Reserve monetary policy.<br /><br />As Bitcoin becomes recognized as an official foreign currency, its tax treatment may also become more favorable around the world.<br /><br />The future is already here-- it's just not evenly distributed.<br /><br />Not investment advice! Consult a financial advisor.<br /><br />El Salvador Plans Bill to Adopt Bitcoin As Legal Tender:<br /><a href="https://www.bloomberg.com/news/articles/2021-06-05/el-salvador-plans-bill-to-adopt-bitcoin-as-legal-tender-cnbc" target="_blank" rel="nofollow">https://www.bloomberg.com/news/articles/2021-06-05/el-salvador-plans-bill-to-adopt-bitcoin-as-legal-tender-cnbc</a><br /><br />US Dollar System Is Crumbling:<br /><a href="https://www.youtube.com/watch?v=NS5dwtsD66Y" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=NS5dwtsD66Y</a><br /><br />El Salvador Diario on Bitcoin:<br /><a href="https://pbs.twimg.com/media/E3LLY0KXEAMRbZG?format=jpg&name=medium" target="_blank" rel="nofollow">https://pbs.twimg.com/media/E3LLY0KXEAMRbZG?format=jpg&name=medium</a><br /><br />The president of El Salvador has laser eyes:<br /><a href="https://twitter.com/nayibbukele" target="_blank" rel="nofollow">https://twitter.com/nayibbukele</a><br /><br />Japan recognizes Bitcoin as legal tender:<br /><a href="https://www.sygna.io/blog/japan-crypto-regulation-history-2014-2020/#" target="_blank" rel="nofollow">https://www.sygna.io/blog/japan-crypto-regulation-history-2014-2020/#</a>:~:text=2016%3A%20Japan's%20PSA%20recognizes%20Bitcoin%20and%20crypto%20as%20legal%20tender&text=The%20laws%20established%20cryptocurrency%20like,VCEPs)%20to%20register%20with%20authorities.<br /><br />Bitcoin's economic benefits to El Salvador:<br /><a href="https://twitter.com/nayibbukele/status/1401335885497524226" target="_blank" rel="nofollow">https://twitter.com/nayibbukele/status/1401335885497524226</a><br /><br />Jack Mallers and El Salvador:<br /><a href="https://www.cnbc.com/2021/06/05/el-salvador-becomes-the-first-country-to-adopt-bitcoin-as-legal-tender-.html" target="_blank" rel="nofollow">https://www.cnbc.com/2021/06/05/el-salvador-becomes-the-first-country-to-adopt-bitcoin-as-legal-tender-.html</a><br /><br />Strike and Jack Mallers:<br /><a href="https://www.youtube.com/watch?v=1fndbABsSOY&ab_channel=TraderUniversity" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=1fndbABsSOY&ab_channel=TraderUniversity</a><br /><br />Caitlin Long's thread on Bitcoin being recognized as a currency:<br /><a href="https://twitter.com/CaitlinLong_/status/1401334421773504517" target="_blank" rel="nofollow">https://twitter.com/CaitlinLong_/status/1401334421773504517</a><br /><br />Check out my online trading courses:<br /><a href="https://www.trader.university/join" target="_blank" rel="nofollow">https://www.trader.university/join</a><br />Use this secret coupon code to get a discount: YT99<br /><br />Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":<br /><a href="https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5" target="_blank" rel="nofollow">https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5</a><br /><br />I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.<br /> <br />My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.<br /><br />#Bitcoin<br />#ElSalvador<br />#BitcoinNews<br /><br />Disclaimer<br />Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties��<br />...<br /><a href="https://www.youtube.com/watch?v=8q5fzfWM2P4" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=8q5fzfWM2P4</a>