The author’s note is that in this TakeI interpret recent events from Guatemala as seen through the eyes of someone living in the country.
El Salvador’s X account will be accounted for on November 10. Bitcoin Office posted This meme will help you:
It looked harmless. When I first saw it, I don’t remember thinking too much of it. I can remember laughing at it when I first saw the picture and then going on with my day.
However, about a week back, one of my colleagues, an influential Guatemalan Bitcoiner told me that this meme was going viral in Guatemala. And not just a bunch of retweets-type viral — more like wildfire viral.
Bukele has a large following in Guatemala, especially among Guatemalan bitcoiners. When the Bitcoin Office joked that Bukele was considering buying Guatemala, many Guatemalans reacted positively.
This shook the power structure in Guatemala, causing the Guatemalan Central Bank and the Guatemalan Government to research Bitcoin.
According to my source, it is possible that the Guatemalan central bank and government will acknowledge the value of bitcoin and offer proper guidance to banks and other institutions who may wish hold the asset on their books.
I intend to talk to more people on the field in the coming weeks to provide more substantive reporting.
This article is an overview of the topic. Take. Opinions are those of the author and may not reflect BTC Inc.