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Home»Bitcoin»The Guatemalan Government Is Taking A Closer Look At Bitcoin — All Because Of A Meme

The Guatemalan Government Is Taking A Closer Look At Bitcoin — All Because Of A Meme

Bitcoin By Gavin05/12/2024
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The author’s Note: Take(I offer an interpretive account of the recent events that have taken place in Guatemala from the perspective of someone who is on the ground there.

El Salvador’s X Account was opened on the 10th of November. Bitcoin Office posted This meme is for you:

This meme spread in Guatemala like wildfire.

The ad seemed to be harmless. When I first saw it, I don’t remember thinking too much of it. When I first saw this, I was laughing and just moving on.

A week ago, however, my colleague, who is a well-known Guatemalan Bitcoiner shared with me the news that this meme had gone viral in Guatemala. And not just a bunch of retweets-type viral — more like wildfire viral.

Bukele is a favorite of many Guatemalans and especially Guatemalan bitcoiners. Many Guatemalans reacted negatively when Bitcoin Office made a joke about Bukele buying Guatemala. “good.”

It was a shock to the system, and it pushed the Guatemalan Government as well as the Guatemalan Central Bank into researching Bitcoin.

Sources tell me that it’s likely that Guatemala’s central bank will recognize the bitcoin value, and provide guidance to any banks or other institutions interested in holding the asset.

I intend to talk to more people in the field to give more detailed reporting.

The article below is an overview of the topic. Take. The opinions expressed by the authors are their own and not those of BTC Inc. or Bitcoin Magazine.

“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: bitcoinmagazine.com

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