It’s a big day for El Salvador this Tuesday as the country’s new legal tender law is enforced. A large number of Bitcoin followers are planning to buy $ 30 worth of Bitcoin in support of the upcoming implementation of the Bitcoin Tendering Act. The $ 30 increase was conceived because Salvadoran President Nayib Bukele promised every Salvadoran citizen with a state wallet free bitcoins worth $ 30.
In less than 24 hours, El Salvador will officially accept Bitcoin as legal tender
On Wednesday, September 7, 2021, El Salvador’s Bitcoin Tendering Act comes into play. The currency shift has focused the whole world on the small Latin American country because people are very curious about what will happen after Bitcoin becomes legal tender. On June 25, Bitcoin.com News reported on Salvadoran President Nayib Bukele, who told citizens that anyone with a government-sponsored digital currency wallet will receive $ 30 free bitcoins. Bukele said at the time:
It will be within the Chivo app where we will deposit the equivalent of $ 30 in Bitcoin to promote its use in the economy and to encourage people to use the application.
# 30for30, # 7septemberbuybtc, #buybtctuesday
With less than 24 hours left before the crypto asset becomes legal tender, Bitcoin followers have started a social media trend to get a number of people to buy $ 30 worth of BTC in order to to support the Salvadorans. On social media platforms such as Facebook and Twitter, hashtags such as “# 30for30” are used in addition to Reddit posts.#buybtctuesday” and “# 7septemberbuybtc“Are trendy. A recent Reddit post stated, “Buy at least $ 30 tomorrow at 5:00 p.m. EDT (2:00 p.m. Pacific, 9:00 p.m. GMT).”
– RayG (@ RayG12461680) September 6, 2021
The post was removed from the Reddit forum r / bitcoin, but before it was removed, a lot of people commented on the topic. “Too late, bought $ 30 now,” exclaimed a Redditor. “Yeah, I thought it was today … I think I’ll buy more tomorrow too. And every day after that, ”wrote another Redditor.
BREAKING: At the same time, El Salvadors is #bitcoin Law becomes law, on September 7th at 3:00 p.m., a huge Brazilian Reddit community with more than 3 million members will buy $ 30 #bitcoin Everyone remembers that September 7th is Brazil’s Independence Day. More and more users are joining.
– Satoshi Nakamoney (@nakamoney) September 5, 2021
On Twitter, the comment is similar, as many people on the platform are trying to get Bitcoiners to buy $ 30 worth of BTC to aid El Salvador’s move to Bitcoin.
Michael Saylor: “Every Cyber Hornet I know plans to buy $ 30 in Bitcoin tomorrow in solidarity”
Microstrategy CEO Michael Saylor also wrote about the $ 30 purchase of BTC on September 7th. “On September 7, El Salvador will officially begin using Bitcoin as its national currency alongside the US dollar,” said Saylor tweeted. “Every cyber hornet I know plans to buy $ 30 in BTC tomorrow, in solidarity with the people of El Salvador and their leader Nayib Bukele. Saylor asked while he also shared a “yes” or “no” poll.
– Kensou (@Djkensou) September 6, 2021
At the time of writing, 39,949 Twitter accounts voted for Saylor’s poll and 83.4% said “yes” while 16.6% said “no” to Saylor’s “want to join” question. One person replied to Saylor’s tweet and said called: “I’m making $ 300 and you are $ 3 million.” On Reddit, one person said that he doesn’t think it will affect the price at all. The impact on price came when the news was first released, ”he said. However, one person said that buying $ 30 worth of BTC was not about moving the price of Bitcoin. He emphasized:
It’s not about influencing the price. It’s about recognizing and celebrating a historical moment.
What do you think of bitcoiners trying to convince others to buy $ 30 worth of bitcoin on September 7th? Let us know what you think on this matter in the comments below.
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