First El Salvador, then the world
Like flipping a switch, the bitcoin audience went from “F-the Fed” chants to weeping as Jack Mallers, CEO of Zap, a bitcoin investment and payments company that transacts over the Lightning Network, announced through tears that Nayib Bukele, the 46th and current President of El Salvador, was advancing a bill to make bitcoin legal tender in his country.
On stage, Mallers spoke of his time in El Salvador and the poverty that he saw. Bitcoin is a solution to many of their problems, he said. We hope it is.