#25 - El Salvador's National Bitcoin Office
Episode publishedPodcast: The Network State PodcastThe Network State Podcast
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Stacy, welcome to the New York City Conference. Thank you for speaking on behalf of the government of El Salvador. Great to have you here.
It's great to be here. You know, I posted this on X, and people are so excited to watch it. So, I can't wait to get into this interview.
Amazing. So, you know, as we know, El Salvador was put on the map by president Bekeli or last four years, had a meteoric ascent. Nobody really talked about it or or cared about it before 2021, 2020, and now, you know, it's a startup country. Why don't you tell me a little bit about, you know, El Salvador and then yourself and your your position there?
So first of all, my name is Stacy Herbert, and I am the director of the National Bitcoin Office of El Salvador. I am in El Salvador because El Salvador is Bitcoin country. As you mentioned, that's a the beginning of a network sort of state. And the remarkable thing about El Salvador is Bitcoin country. So everybody knows El Salvador is Bitcoin country. Right? You know it. Your audience knows it. Everybody knows this. Now before that, like, literally the month before that, if you had googled El Salvador, all you came up with was El Salvador is homicide capital of the world. After it became Bitc
You The thing is, it wasn't just it was a rebrand, but it's also substance.
Yes. I was just going to get into that.
Yes. Yes. Go ahead.
Yep. I mean, you can't just have a marketing gimmick, especially with Bitcoiners. Right? So we have the new layer one capital. We have gold, US treasuries, and Bitcoin. So how are you, you know, going to get these best and brightest in the world who now have your attention? You have not only the attention of the financial press. Right? And that's the most important press in the world because it's not politics. It's not culture. It's not entertainment. It's not local and domestic. It's international. Wall Street media has international attention because everybody wants to know what interest rat
And the first thing was the security environment. So that's why I think of him as Bukele Li Kuan Yew. Right? Where Yeah. First thing was physical security, and then on top of that, international capitalism. Go ahead.
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