Is El Salvador's $1 Million Bitcoin Visa Program Changing How People Get Citizenship? 💳

El Salvador launched a unique $1 million Freedom #Visa program tied to Bitcoin, attracting hundreds of inquiries and dozens of applications within days of its December 7 launch.

The initiative offers residency and a citizenship pathway to 1,000 individuals donating $1 million in Bitcoin or Tether.

Despite criticism of its price compared to other programs, El Salvador's National Bitcoin Office defends it as reasonable, emphasizing the nation's pro-Bitcoin #policies .

President Nayib Bukele's initiatives, including recognizing Bitcoin as #legal tender and removing taxes for Bitcoin investors and tech firms, might lure prospective applicants despite the high cost.

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