El Salvador Releases First Official Bitcoin Commercial Video Ad

El Salvador Releases First Official Bitcoin Commercial Video Ad

According to Chain News, El Salvador released the first official commercial video ad for Bitcoin, emphasizing that the adoption of Bitcoin is not mandatory, and that Salvadorans are free to choose whether to use the government-launched Bitcoin wallet. The specific content of the video is: Starting in September, Bitcoin will become the legal currency of El Salvador along with the US dollar, and it is not mandatory for Salvadorans to use it. Everyone can freely choose to use Bitcoin or US dollars to pay and receive payments. At the same time, cash transactions, prices and wages will still be denominated in US dollars. Citizens can use the government-launched wallet application for free at any time and trade in US dollars or Bitcoin. They can also use any other wallet for transactions freely, but they will receive $30 worth of Bitcoin using the official wallet. At the same time, using mobile phones to conduct Bitcoin transactions can avoid handling money, signing vouchers or receipts, and there are always no transaction fees. Citizens can also receive and send funds from other countries or regions at any time, which is easy to use.

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