#Rumble has reached a cloud services agreement with El Salvador.#
Hot Topic Overview
Overview
Rumble has reached a cloud services agreement with the government of El Salvador, under which Rumble will provide cloud storage, cloud computing, databases, and other services to El Salvador. The agreement was signed by Rumble CEO Chris Pavlovski and El Salvador President Nayib Bukele, both of whom emphasized their trust in Rumble's handling of critical data. Both Rumble and El Salvador accept Bitcoin, with the country having declared Bitcoin as legal tender in 2021. Rumble has pledged to hold up to 20 million BTC as part of its reserves. This partnership could pave the way for a new era of technological cooperation and potentially offer more competitive cloud service prices for El Salvador.
Ace Hot Topic Analysis
Analysis
Rumble, a video-sharing platform and cloud service provider, has entered into a cloud services agreement with the government of El Salvador to provide the country with cloud storage, cloud computing, databases, load balancers, and Kubernetes integration.The agreement marks a further expansion of Rumble's presence in the cloud services sector and reflects the Salvadoran government's recognition of Rumble's technological capabilities. Earlier, Rumble secured a strategic investment of approximately $775 million from Tether and pledged to hold up to 20 million BTC as part of its reserves. Stacy Herbert, Director of the National Bitcoin Office in the Office of the President of El Salvador, stated that Rumble's cloud services will help El Salvador achieve its digital transformation goals and provide it with a more secure and reliable cloud infrastructure. Rumble CEO Chris Pavlovski highlighted the importance of independence from Big Tech companies, stating that this aligns perfectly with El Salvador's values of freedom and innovation. Rumble Cloud aims to disrupt the market with competitive pricing, and this partnership could pave the way for a new era of technological collaboration.
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Public Sentiment
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Classic Views
Rumble has reached an agreement with the Salvadoran government for cloud services, which will provide El Salvador with cloud storage, cloud computing, databases, and other services.
This agreement reflects the Salvadoran government's trust in Rumble's ability to handle critical data, as well as its recognition of the importance of being independent from large tech companies.
Both Rumble and El Salvador accept Bitcoin, which could pave the way for a new era of technological collaboration.
Rumble Cloud aims to disrupt the market with competitive prices, offering El Salvador a more cost-effective cloud service option.