Indira Kempis, a Mexican senator, hailing from Nuevo León, spoke with Diario El Salvador recently about Bitcoin’s impact on El Salvador and the unavoidable benefits Bitcoin would bring to Mexicans.
During the conversation, Diario questioned Kempis about how her recent trip to El Salvador had influenced her perception of Bitcoin’s ability to alter a nation within the context of the Bitcoin ecosystem.
“El Salvador is unquestionably becoming the world’s most crucial center or laboratory for the future of bitcoin.” Kempis presented his opinion.
“It is apparent to me that financial exclusion is one of the public concerns that few of us have addressed with viable alternatives, and that this sort of technology is allowing us to develop an alternative, a method, a solution to include millions of people in the financial system.”
When Diario inquired about Kempis’ ambition to legalize bitcoin as legal money in Mexico, she continued their conversation by sharing her approach to legislation. They specifically inquired if El Salvador had influenced their decision.
She went on to explain why legislation is needed, as well as the cost of inaction. She added that it would be pretty difficult to develop an effective plan if they do not decide to accept bitcoin as a legal tender. The key to constructing a new financial structure, a fully established bitcoin ecosystem, is to maintain bitcoin’s core legal tender status, on which the ecosystem may be constructed.
Kempis plans to introduce the legislation during the current legislative session.
Mexican senator’s words will inspire other countries
Some lawmakers in the United States, like Kempis, have pushed for Bitcoin acceptance in their states. Last week, Colorado Governor Jared Polis said that the state would begin taking cryptocurrency for tax payments this summer.
In a similar vein, California State Senator Sydney Kamlager advocated embracing cryptocurrencies as a form of payment for government services. The crypto adoption craze appears to be spreading far and wide, with official institutions now adopting it.
It’s hard to ignore the fact that nations will have no other option other than accepting bitcoin five years down the line. If they refuse, they should be prepared to fall into the pit.