The adoption of Bitcoin as legal tender in El Salvador has prompted several lawmakers in Latin America to follow in its footsteps. Now, in a sign of the times, a number of them are sporting Lazer eyes on their Twitter profiles.
El Salvador Proposes to Legalize Bitcoin Encouraged Others in South America
On June 6, El Salvador’s millennial president, Nayib Bukele made a stunning announcement at the Miami Bitcoin conference that his majority government is set to legalize Bitcoin. This means El Salvador will become the first country to greenlight the world’s largest digital currency.
Bukele opines that the move will pave the road for an inclusive economy and steer humanity in the right direction over the longer run.
Like Bukele, Panamanian congressman Gabriel Silva is convinced about the untapped potential of cryptocurrencies. In a tweet posted on June 8, Silva highlighted that it is absolutely crucial for his country to not be left behind amidst the current developments taking place in El Salvador. Silva claimed, “if we want to be a true technology and entrepreneurship hub, we have to support cryptocurrencies.”
Silva also clarified that he plans to put together a proposal and those willing to contribute to it can reach him.
Latin American Lawmakers Share Crypto Enthusiasm on Twitter
Meanwhile, several Latin American lawmakers turned heads on Twitter with crypto memes popular among Bitcoin maximalists. For instance, on June 7, Paraguayan congressman Carlitos Rejala tweeted “El Salvador to the Moon”, accompanied by a picture of himself with a pair of laser eyes. Similarly, Brazilian politician Fábio Ostermann uploaded his own laser eyes image with the hashtag “#lasereyestill100k.”
— Satoshi (@Satoshii2014) June 7, 2021
Although crypto optimism remains at an all-time high, the prices of Bitcoin continue to stumble. The news of El Salvador’s adoption has had no impact on the institutional demand or the broader outlook for BTC. The currency’s prices have recorded a 10% decline, from $36,000 to $32,500, since Bukele’s announcement.