First Bitcoin Ad Produced By A National Government Recognizes It As Legal Tender
Video screenshot via Gobierno de El Salvador
In just a week’s time, Bitcoin will become legal currency in El Salvador, a global first. Plus, it has plans to mine cryptocurrency using power from its volcanoes.
Now, to promote the cryptocurrency to the masses, the country has released the first-ever Bitcoin advertisement produced by a national government.
According to Finbold, the commercial assures citizens that it’s not compulsory to use Bitcoin, but they can choose to receive or spend money either in dollars or the cryptocurrency.
As per a translation done by Reddit user u/felipebrunet, the advertisement said, “Starting in September, Bitcoin will be legal currency in El Salvador, along with the USD… You will have the option to pay and charge with Bitcoin or with USD.”
Additionally, citizens will be able to access the government’s wallet app to make transactions in Bitcoin or US dollars without incurring any fees. Upon downloading the wallet, they will also be entitled to a gift of US$30.
With cryptocurrency gaining steam among financial investors worldwide, it probably won’t be long before another country joins El Salvador in making Bitcoin legal tender. But, for now, enjoy the world’s first national Bitcoin advertisement below.
[via Finbold, cover image via Gobierno de El Salvador]
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