Paraguay cloud be the next country to adopt bitcoin

Paraguay bitcoin

Paraguay’s Deputy of the Nation Carlos Antonio Rejala Helman made a tweet today morning hinting at a big move towards bitcoin adoption. His tweet comes two days after the announcement made by El Salvador’s President Nayib Bukele on 5th June 2021, during the Bitcoin 2021 conference on proposing a bill to make Bitcoin legal tender in the country. Carlos Antonio is well known for the respect he holds for Nayib Bukele.

Carlos Antonio describes himself as “Bukele paraguayo,” which means “Paraguayan Bukele”. He has been a long-time supporter of the El Salvador President. He also pinned Bukele’s post on Twitter with a message directed at Bukele that reads “Thanks for your example.”

In his tweet today morning, Carlos mentioned that the country would launch a major project this week that cloud involves Bitcoin and PayPal. He wrote: 

“As I was saying a long time ago, our country needs to advance hand in hand with the new generation. The moment has come, our moment. This week we start with an important project to innovate Paraguay in front of the world!”

Though not many details are out as of now in media about his announcement on Twitter. He has definitely seen very affirmative in his tweet by using terms like “the real one to the moon” which is often used in the crypto world to refer to the stratospheric price appreciation of crypto assets. He also changed his profile pic on Twitter to “laser eyes” showing his strong support for Bitcoin and cryptocurrencies. 

Also read - El Salvador adopts bitcoin as its legal tender is much bigger news than most realize

Laser eye trend is a twitter-based meme that caught on earlier this year as the crypto community began calling for BTC to hit $100,000. People put laser eyes photos to show their strong support for Bitcoin and cryptocurrencies. 

Paraguay’s plan for adopting bitcoin might be very different from El Salvador since Carlos has mentioned Paypal also in his tweet. The company has recently made headlines by allowing crypto payments and withdrawals to third-party wallets by its payment portal. Looks like PayPal is going to be involved in the mass crypto adoption in Paraguay.

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[…] move by El Salvador will likely be followed by Paraguay and Panama and many other countries as well as indicated by their leader on social […]


[…] June 2021 receiving 62 out of 84 votes in the assembly. Other Central American countries like  Paraguay, Panama, Brazil, and more are following the likes of El Salvador and soon announce their plan for […]


[…] Bitcoin is seeing major adoption this year across countries and institutions. All major financial institutions and banks are opening up for providing crypto services to their client. Citi Bank, JP Morgan, etc have already announced their stand on crypto and agreed to provide financial service to wealthy clients, to begin with. Bitcoin also saw country-wide adoption this year. El Salvador was the first one to make Bitcoin a legal tender, a move that is now been followed by other Central American countries like Paraguay, Panama. […]

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