Blockstream CSO Samson Mow Talks About Bitcoin Obligations
El Salvador is currently working on digital security law and issues Bitfinex Paolo and its best-selling first-party security commercial license in El Salvador.
Samson said this would make El Salvador an international financial hub and become Singapore in Latin America.
Bitfinex has many lucrative digital whales and will have no problem pulling millions of dollars out of contracts. The contract closing period is 5 years, so during this 5-year period, the total amount of Bitcoin exported from the market was US $ 500 million.
In the future, more and more countries will be able to declare similar agreements and more and more Bitcoin cash will be taken off the market. This increases the value of Bitcoin.
As a result, El Salvador would have the best first come as the first country to do so.
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