El Salvador, And The Realities Of A Bitcoin Economy (In The Loop)

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  • Опубликовано: 24 авг 2024
  • As Bitcoin becomes more adopted at an institutional level, major fluctuations in price will have a much larger consequence around the globe than they might have before. Christian Bryant explores how El Salvador's push to adopt bitcoin as its legal tender has resulted in mixed results and reviews from its citizens.
    "In The Loop" brings viewers a distinctive deep dive into the news every weeknight. Host Christian Bryant keeps things real through a mix of creative explainers, on-the-ground storytelling, and some off-the-wall fun to unpack one big story each night and showcase a range of Newsy’s best reporting. You can find "In The Loop" on Newsy’s streaming apps for Roku, Fire TV and Vizio every Monday-Friday starting at 9pm EST, or head to newsy.com/stream to catch the full show.
    Connect with Christian on Twitter:  / bryantcp
    Follow Newsy on Facebook:  / newsy
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    Join our newsletter at bit.ly/2q1tepr

Комментарии • 143

  • @Frederick.56
    @Frederick.56 Год назад +16

    Investing appropriately today can save you a whole lot of stress in the nearest future

    • @nijazruslan7520
      @nijazruslan7520 Год назад

      This must be an investment with Mrs Charlotte Junko Walsh ,after I came across trading platform of Mrs Charlotte Junko Walsh my financial life has totally changed.

    • @Joshua_675
      @Joshua_675 Год назад

      Her trading income stream is mind blowing,I also trade with her. I've made $62,000 so far trading with her guidance/advice.

    • @maxwellelliottphillip3085
      @maxwellelliottphillip3085 Год назад

      Same here, I earn $17,000 a week.God bless Mrs Charlotte, she has been a blessing to my family.

    • @MuhammadAhmed-kx8el
      @MuhammadAhmed-kx8el Год назад

      Oh please, how can someone get to speak with Mrs Charlotte Junko Walsh !!?

    • @cahillvolkan3186
      @cahillvolkan3186 Год назад

      @@MuhammadAhmed-kx8el
      I will leave her number just below this comment

  • @santinosantino3164
    @santinosantino3164 2 года назад +5

    el salvador is doing fine.....................way better then a few years ago...economic growth and safety...........as a matter of fact.........i just bought a property there and it has been a great investment.......as far as bit coin.......is doing great.....believe me.....i live there

    • @karlaveneracion9199
      @karlaveneracion9199 2 года назад

      I can tell you don't read enough about bitcoin dinamic in El Salvador

    • @santinosantino3164
      @santinosantino3164 2 года назад

      @@karlaveneracion9199 yet you have not said anything!!....lets hear your point of view since, "I do not read enough!!!!

  • @karlad4082
    @karlad4082 Год назад +2

    The problem is that Bukele doesn’t listen to anyone even when he was warned by several entities and governments not to adopt Bitcoin. He keeps buying the dip of a bad investment and this will most likely end up Bankrupting El Salvador which is really sad to watch 🥺

  • @louisclifford9874
    @louisclifford9874 2 года назад +37

    I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

    • @anthonysam9391
      @anthonysam9391 2 года назад +1

      Investing in stocks and crypto is a good idea, a good trading system would put you through many days of success.

    • @tinythomas4438
      @tinythomas4438 2 года назад

      It is possible to produce superior performance provided you do something different from the majority. However most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.

    • @wilsonbrown8993
      @wilsonbrown8993 2 года назад

      Having monitored my portfolio performance which has made a jaw dropping $370k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market.

    • @louisclifford9874
      @louisclifford9874 2 года назад

      @@wilsonbrown8993 Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?

    • @wilsonbrown8993
      @wilsonbrown8993 2 года назад

      @@louisclifford9874 Exactly, the trick is to diversify your investment, don't panic when everyone else is and invest consistently.

  • @douglaszachary4226
    @douglaszachary4226 Год назад +32

    Thanks for this wonderful video..I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?

    • @gretchenjessy5782
      @gretchenjessy5782 Год назад +1

      Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong

    • @patrickrobot5209
      @patrickrobot5209 Год назад

      Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

    • @russelllouis8846
      @russelllouis8846 Год назад

      I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mr Nicholas

    • @saraezra1106
      @saraezra1106 Год назад

      Wow I'm just shock you mentioned and recommended Expert Mr Nicholas,I thought I'm the only trading with him

    • @adamsilas6194
      @adamsilas6194 Год назад

      @@saraezra1106 You don't have to be shocked because I'm also a huge beneficiary of expert Mr Nicholas

  • @derdesdemden1234
    @derdesdemden1234 2 года назад +6

    El President bought ''the dip'' at 30.000 dollar. Look at the course now! LoL!

    • @alphaomega8373
      @alphaomega8373 2 года назад

      Dumbest thing since 2016.

    • @ElSalvadorRecords
      @ElSalvadorRecords 2 года назад

      well he buoght at 45,000 and it went to 69,000 from that we have "Chivot Pets" and he also bought at 19,000 most recently than went to 24,000 guess what? well if you wanna know i invite you to investigate and not follow those news pay by banks that dont wanna lose the power

  • @evansuarez5432
    @evansuarez5432 Год назад +1

    Oh boy after the FTX crash this week, this video is aging like fine wine

  • @ceciliaeleanor7347
    @ceciliaeleanor7347 2 года назад +6

    Having adequate orientation or knowledge about bitcoin trade or any other crypto currency is a key to a profitable and a successful Investment. I can unequivocally say it's one of the most profitable and lucrative business for every investors with the right expert.

    • @dorothykaitlyn1332
      @dorothykaitlyn1332 2 года назад

      I really feel left aside hearing and seeing several testimonies from people on profits they make from Bitcoin/Forex Investment. Can someone recommend a good expert that trade on my behalf and generate profit for me.

    • @jubrilmonalissa5674
      @jubrilmonalissa5674 2 года назад

      That's true a lot of people
      today have been having a ton of
      disappointment in crypto trading in
      light of helpless direction and awful specialists

    • @injusticeanywherethreatens4810
      @injusticeanywherethreatens4810 2 года назад +3

      continue that grift honey....

  • @EatMyShortsAU
    @EatMyShortsAU 2 года назад +5

    A whole country is falling for the Bitcoin scam.🤣

  • @spliced7383
    @spliced7383 2 года назад +7

    I like how everybody but actual Salvadorans are worried

    • @echotapout183
      @echotapout183 2 года назад +7

      Both my Parents are from there and are actually worried it takes 25 min to buy something with crypto currency because of Wi-Fi issues

    • @spliced7383
      @spliced7383 2 года назад

      @@echotapout183 I feel like that’s more to do with the system that is fairly new that problem hasn’t followed me everywhere in the country when I visited. So I personally give them the benefit of the doubt.

    • @alphaomega8373
      @alphaomega8373 2 года назад +4

      Its like a child being circled by sharks and everyone knows it but the child. Funny that.

    • @spliced7383
      @spliced7383 2 года назад +1

      @@alphaomega8373 until they bite that child will be finneeee who know’s the sharks might not even bite and they swim away 🌊🌊🌊

    • @WALDENSOFTWARE
      @WALDENSOFTWARE 2 года назад +3

      @@spliced7383 Yeah, the sharks might not bite after circling... fat chance.

  • @hamstergodfufurufufu8842
    @hamstergodfufurufufu8842 2 года назад +1

    Dangerous strategy, it could backfire like the late 1920's crash... All my best and let's hope everything goes well.

  • @panchopantera5281
    @panchopantera5281 Год назад +1

    Crypto sucks and I dont like it. I dont like using digital money period.

  • @angusabbott5615
    @angusabbott5615 2 года назад

    I'm investing in the emperor's new clothes as well as Bitcoin , but no one can see why ?

  • @tinocos9632
    @tinocos9632 Год назад

    It will go up all they need is pacience thats how crypto is

  • @drsushantverma
    @drsushantverma 2 года назад

    Love the fact that in these crypto videos on RUclips there are tonnes of fake promotion comments.

  • @PD55_
    @PD55_ 2 года назад

    Hey USA how's things in Haiti?

  • @dogmoo
    @dogmoo 2 года назад +1

    oops

  • @fabricio4794
    @fabricio4794 Год назад

    What a Huge Lie 😂

  • @JamMaul
    @JamMaul 2 года назад

    El Salvador just. Hang tight. Because next. Big pump. Will make good just will take 1 to 2 years after bear market is over

  • @ijoelmelgar
    @ijoelmelgar 2 года назад

    Nobody can connect the dots yet. This is a revolution movement meaning everything and every way of thinking is going to get disrupted. Hint* Blockchain

  • @richardcrown9764
    @richardcrown9764 2 года назад

    I make huge profits on my investment since i started trading with a professional broker Mrs Stacie Morgan, her trading strategy are top notch coupled with the little commission she charges on her trade. Thanks so much ma'am♥

    • @benroland3652
      @benroland3652 2 года назад

      With just a thousand bucks. my portfolio is worth much more now within just weeks of trading with her thanks Stacie.

    • @martinthomas9371
      @martinthomas9371 2 года назад

      I'm surprise to see others who trade with Mrs Stacie, i am currently on my 5th trade with her and my portfolio has grown tremendously

    • @felixsizer300
      @felixsizer300 2 года назад

      I thank you for the level-headed financial advice. I started my investment with $3,345 in just a week of trading with her I’ve gotten $7,939 in my portfolio. Thank you Ma'am

    • @anitalawrence2668
      @anitalawrence2668 2 года назад

      Pretty good. please how can i reach this Mrs Stacie? i want to invest i'm in Taiwan

    • @benroland3652
      @benroland3652 2 года назад

      @@anitalawrence2668 REACH HER ON HER TELEGRAM

  • @joem.1112
    @joem.1112 2 года назад +1

    haha

  • @deathdecorvid9926
    @deathdecorvid9926 2 года назад +1

    Salvadorians should be ashamed

    • @jking1329
      @jking1329 2 года назад

      We are and most young people despise Bukele and his cabinet, do not swallow goverment propaganda.

  • @solutionautoservice3923
    @solutionautoservice3923 Год назад

    🫵🏽🤡😂

  • @Carlosaguilar-pe8fx
    @Carlosaguilar-pe8fx 2 года назад

    Buclele se te fue a la mierda el bit coin.

  • @alphaomega8373
    @alphaomega8373 2 года назад

    Wish we had waited a week to make this one. Volatile world indeed.

  • @BrandonClark-StocksPassports
    @BrandonClark-StocksPassports 2 года назад +3

    Crypto is fine
    Its just a down market because it is inflation
    Real rich guys and real investors don't panic.

  • @livethelife4833
    @livethelife4833 2 года назад +1

    Do you know that no matter the price of Bitcoin we are still getting the benefits we are looking for? We are not trying to get money because Bitcoin increases in price, the point is to be free from International Institutions and the possibility of any other country or organization making any kind of economical move against our country and its citizens, just see what happened to any country the USA using UN sanctions did to those countries, the idea is to be free from those kinds of international policies, and also in the case of an international fiat recession, like the one in Argentina, we can easily use cryptos, and our people will be free to move their money elsewhere without having to wait for the government to make a new monetary policy, the same thing Argentineans and Venezuelans wish they could do but their government is stopping them, contrary to them our government is creating all the infrastructure for Salvadorans to have economic freedom no matter the political-economical situation. Other than that, we are also using Bitcoin mostly to not pay transaction fees from the remittances our diaspora sends every year to El Salvador, we will save around 400 million each year only doing that, in 10 years it will be 4 billion in savings, so, we are paying a few million to save 400 yearly, is that not a good strategy? Thanks to Bitcoin tourism has increased too, Bitcoin Community is investing in infrastructure and there will be Bitcoin City which will attract more foreign investment due to the 0% charge for mining and using Bitcoin in any way. Bitcoin is about citizens' economic sovereignty, diaspora savings, and foreign investment, more than the few millions the government has spent up to now and in the future, try to see it from a holistic point and don´t just follow mainstream analysis which is full of bs as now many countries are trying to follow our example, just last Bitcoin conference included 44 countries which sent their Central Banks to learn more about our situation. Investigate a little more about citizen sovereignty and what it means with the new technologies been created related to the metaverse and you will know how important is for every citizen to be free to use a cryptocurrency, no matter which one, it will make your mind explode how important what we are doing is for future personal independence, many countries should follow through just because of that, it should be a human right already.

  • @moon3173
    @moon3173 2 года назад +1

    hey, you didn't put enough purple eye make up this time !!

  • @EuropeansWillneverBeAmerican
    @EuropeansWillneverBeAmerican 3 месяца назад

    The dude is not a Mayan man by blood.