El Salvador’s need for PundiX
the world is speaking of El Salvador.
a resurrection of Bitcoin has emerged in an organic transmission and dedication to revive the power of people. understanding that money is nothing more than the captivation of a persons labor or energy is the understanding that it all circles back to the people.
president Nayib Bukele of El Salvador sent a bill to his constituents to make Bitcoin legal tender. upon receiving the bill, congress worked through the night casting opinions until finally reaching a decision around midnight in favor of Bitcoin.
days prior to the passing of this bill, a surge of positive interactions took place which shows not only compassion, but character from a blockchain project titled PundiX.
Nayib Bukele recognizes Zac Cheah (CEO of PundiX)
pundix was created with the intentions of empowering people to utilize crypto without the need of banks, overlords, or government oversight. with this in mind it allows you to understand the morality in regards to why pundix decided to donate 100 xpos devices to merchants to achieve a smooth transition for accepting bitcoin.
while participating in the largest crypto twitter spaces event in history, President Nayib spoke about how making Bitcoin legal tender will require merchants to accept Bitcoin. whether it be through a government wallet or a decentralized wallet, in 90 days, all must do so.
in 90 days, it becomes law to accept BTC as legal tender.
this could be devastating to some, as they push to find the resources to make this reality. and this is why El Salvador needs PundiX. this is the moment PundiX has prepared for. giving all eligibility to not only accept crypto, but fiat, and in all forms, such as apple pay, google pay, paypal, and more.
but thats not all. a question to President Nayib was brought up around energy and mining. though the President was not familiar with mining and the capability of doing such, the crypto community was there to advise the president that it would be of great significance.
and there you have it. an idea was born. a thought emerged. and a volcano with laser eyes appeared overnight.
how can such progress occur so fast. clearly our transition to a decentralized monetary system is coming faster than we may have anticipated. and everyone is looking at El Salvador.
therefore, Zac Cheah (CEO of PundiX) and his team are moving quickly to help those in need of accepting Bitcoin. Monica Taher (El Salvador internal affairs) is working closely with PundiX in facilitating a fast and easy implementation.
this bill requires corporations such as Walmart, Starbucks, and Toyota, to accept Bitcoin. will these corporations scramble to utilize wallets on phones with a high security risks. or will they simply utilize XPOS made by PundiX.
if you are not aware, PundiX is a Fintech blockchain company partnered with all 3 major Point of Sale manufacturers. therefore, corporations have the eligibility of accepting Bitcoin, by simply installing the software on its existing POS system. or they can upgrade to PundiX XPOS hardware.
hence my opinions around PundiX being ready for this precise moment.
XPOS is software that will work on existing merchant platforms.
this is only the beginning. as more countries move towards adopting Bitcoin, we will see the need for PundiX more and more. there is a future bright, for not only PundiX, but the people as well.
This is the way!
CEO confirming contact directly with El Salvador.