@SirDavidPorter is LIVE in #DC at the National Press Club with US Ambassador to El Salvador, Milena Mayorga! #FoMGL
? @SirDavidPorter is LIVE in #DC at the National Press Club with US Ambassador to El Salvador, Milena Mayorga!#FoMGL https://t.co/VbQWlFtTpD
— Bruce Porter Jr. (@NetworksManager) January 27, 2022
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and we’re live in washington dc
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at the gba conference it’s the future of
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money governance and law so we’re the
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best world’s greatest crypto coverage
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when you come in here you get to meet us
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and uh we’ll share you some of the big
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shots speaking of big shots i have the
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us ambassador the uh of el salvador so
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thank you so much for coming on miss
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milana mayorja and it’s pleasure to have
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you so how has the event been for you
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today
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well it’s such a honor and a privilege
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to be here in the name of uh
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our president najib buchel
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and especially because uh you know this
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award is
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courage
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yes it’s a very important word that
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means
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that we need determination
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and
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and to have a certain goal and pursue
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in in this goal and president vocally
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definitely he’s courageous absolutely
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actually one of the most courageous
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presidents out there is really pushing
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bitcoin
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technology further he he opened it up to
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his citizens even airdropped and one
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amazing thing that happened was many of
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the unbanked citizens now have access to
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uh online uh currency so
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how is that working for the citizens
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well in september the app was launched
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and right now we have four million
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algorithms using the app
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and with the chibo wallet they are
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transferring money
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at zero coast to el salvador uh all the
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remittances the majority are coming from
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the united states
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and this is just the beginning because
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there’s a lot of fear using the app
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using bitcoin and that
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the wash wallet this national wallet you
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can choose if you
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uh use it with dollars of bitcoin
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and
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right now we were
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experimenting that the people are
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getting to know the app
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and we need to educate
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the server and people to see uh here in
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the united states advantage to send
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money
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at zero cost so they’re still learning
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and the best is that it’s by
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recommendation
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so from one to the other you know that
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the good news is traveling and
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and i think this year is going to be
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like the boom because you know it was
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launched in september
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with a
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bad campaign against the using of the
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of this new technology and when you say
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that
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the amount of population that where
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before unbanked
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is so important this big step because
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we’re always talking about financial
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inclusion this is not only financial
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inclusion this is economic freedom
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yes it’s fantastic so i was curious how
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did you get involved with the president
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of el salvador
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well he was from one political party i
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was from another political party but in
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this special moment
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of the history of el salvador i was
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fighting against corruption in the
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congress
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and
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i had to
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leave the party
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because i received like 42 episodes of
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violence political violence so i
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resigned it when
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they were against uh
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a lot of laws that it was in the during
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covet
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the
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most important days and they didn’t want
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to release help and
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money for the vaccine so this was like
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the last so that’s why i resigned
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and then i was fighting
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with the supreme court so i could find a
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path to run again as an independent
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candidate because the system blocks you
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and punish you
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so you have to wait three four years to
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run again and that’s your the end of
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your political career so i was
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fighting you know i was in the congress
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when president
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called me and he told me you know you
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understand the situation and the
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corruption in the congress and you
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you’re being um
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working on this and i need you to be
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part of my my government and because
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it’s sad that the system is blocking you
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so wow this was like an amazing proposal
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and very important for this moment yes
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because
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right now salvatore is changing
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the system and
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the rest of the countries are looking at
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us yes
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so el salvador is that example and we’re
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very proud of them and it is
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uh
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a peaceful revolution and things are
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advancing fast and so maybe what’s one
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of the latest advancements you’ve seen
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happening in el salvador and is it
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working well or not
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well imagine the first announcement was
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in june
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and then the law
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uh in september that the chiva wallet
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was launched also in september
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and then in november we had the bitcoin
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week
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yes
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with like four thousand tourists over
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there ten thousand people uh connected
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virtually
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and at the end of the bitcoin week
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president buchel announced that bitcoin
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city
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and volcano bonds
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and these open the door for
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another world and right now there’s a
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lot of companies that are looking for us
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because they want to
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move to el salvador
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and so this year is going to be very
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important not only because of the
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volcano bonds and the bitcoin city
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but for the rest for the rest exactly
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well thank you so much for coming on
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it’s absolute pleasure to have you here
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and we’ll keep the uh we’re at the end
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of the day here for gba but tomorrow is
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uh day two and we’ll keep you guys tuned
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so have a great day