Dr Saifedean Ammous, author of an explanatory book on Bitcoin BTC ($27,101) called The Bitcoin Standard, was appointed economic advisor of the National Bitcoin Office of El Salvador.
On May 30, the Bureau announced that an Austrian economist has joined the group as a consultant on various economic policy issues. Dr. Ammous’ now famous book was published earlier in April 2018. It examines the change from strong reserves of profit, inflated assets to fiat money, traces the history of money and aims to show how civilization has changed and their money system. Regarding the new position, he tweeted on May 30 that he was “excited” to work in an office in “the first country to adopt the Bitcoin flag!”
Speaking to the local media outlet Diario El Salvador on May 30, Ammous said, “What makes Bitcoin unique is that it gives you access to a solid asset that has not declined for many years.”
“If you have money that decreases over time, there is no point in saving and going into reasonable debt,” he added.
“If you keep collecting bitcoins for the next five years, chances are El Salvador will be free.”
The National Bitcoin Board (ONBTC) reported that Dr. Ammous recently visited El Salvador to teach students at CUBO+, a Bitcoin and Lightning Network development program to teach the community about code and ideas. He met with President Nayib Bukele and shared his views on the “significant value of the economic liberalization policy”.
ONBTC said Dr Ammous refused any compensation for the work and was only interested in supporting President Bukele’s bitcoin policy.
Bukele created the National Bitcoin Office of El Salvador in November 2022 to manage everything related to crypto. American broadcaster Max Keizer and TV presenter Stacy Herbert are also members of the Bitcoin Bukele group, in addition to the recently appointed professor.
Max Keizer said in The Bitcoin Standard “Many millions are ‘Orange Pilled,’ including [MicroStrategy founder Michael Saylor] and many corporate and financial heavyweights who continue to add Bitcoin to their wallets every day.”
Get $200 Free Bitcoins every hour! No Deposit No Credit Card required. Sign Up