Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
His participation in the Bitcoin 2022 event was scheduled for tomorrow, but Bukele said he will not be able to attend because he has commitments in El Salvador that he must attend personally.
The president of El Salvador, Nayib Bukele, publicly announced that he would not attend the conference. Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. 2022, which is being held this week in the city of Miami.
President Nayib Bukele cancels his participation in Bitcoin 2022
The announcement was made by Bukele himself through a statement in English published through his official channels, where he reported that unfortunately he could not be present for the conference in which he was to participate tomorrow, where he was expected to make some important announcements regarding the adoption. Bitcoin within El Salvador.
The communiqué published by Bukele reads:
“I have just made the tough decision to cancel my participation in the conference due to unforeseen circumstances in my home country, which require my full-time presence as President of the Nation.”
Although the president did not offer details about the reasons that forced the cancellation, the truth is that the country is currently facing strong problems associated with gang wars, which is why there has been a state of emergency in certain localities since late last month.
In relation to Bukele’s announcement, Bukele’s team of Bitcoin 2022 shared the following message through his account an account is essentially a whose purpose is to track the financial activities of a specific asset/ of Twitter:
“We share a letter from President @nayibbukele who unfortunately will no longer be able to attend Bitcoin 2022 due to unforeseen circumstances in El Salvador that urgently require his attention. We stand in solidarity with the Salvadoran people in the midst of these difficult times.”
What was expected of Bukele during Bitcoin 2022?
Currently, the topics of greatest interest among those who closely follow El Salvador’s progress revolve around plans for cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. operations in the country, as well as the future launch of the first sovereign bonds backed by Bitcoin, which were postponed until further notice because certain legislative issues that would help to resolve regulatory concerns about these products have not yet been resolved.
Let’s keep in mind that El Salvador has quite ambitious plans in relation to Bitcoin for the coming years. Perhaps the biggest among these is the project for the creation of Bitcoin City, an urban complex of large proportions whose economy and operation would be specially based on the main digital currency.
While Bukele will not be able to make an appearance in the Bitcoin 2022, Some expect the president to send a recorded message where he makes some kind of announcement, as he did last year when he announced that the country would officially adopt a Bitcoin as legal tender. For the time being, the president stated the following in the letter released through his official channels:
“Much has happened since the last conference and it was my sincere hope to celebrate our collective victories with another announcement, another small contribution in our fight for the liberation of money, one of the pillars of modern society.”
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Version by Angel Di Matteo / DiarioBitcoin
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