Small countries are celebrating. Paraguay and El Salvador are joining the Bitcoin camp

Small countries are celebrating. Paraguay and El Salvador are joining the Bitcoin camp

According to BitPush, Paraguayan Vice President Carlitos Rejala tweeted today, "As I said a long time ago, our country needs to move hand in hand with the new generation. That moment has come, it's our moment. This week we will start an important project to make Paraguay innovative and to make Paraguay a world leader. Truly to the moon". The tweet also included the Bitcoin and Paypal tags, as well as a photo of Cyclops related to the crypto community Meme.

Coincidentally, on Saturday, El Salvador's President Nayib Bukele changed his Twitter profile picture to laser eyes.

Nayib Bukele released a video through the Miami Bitcoin Conference, claiming that he would submit a bill to make Bitcoin a legal tender in the country.

Both countries have a human development index of around 0.7. Their national economies are mainly based on agriculture, supplemented by light industry. Their economies are generally highly dependent on foreign countries and are based on relatively uncompetitive agricultural products and handicrafts.

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