#Rumble has reached a cloud services agreement with El Salvador.#
Hot Topic Overview
Overview
Video sharing platform and cloud service provider Rumble has entered into a cloud services agreement with the Salvadoran government to provide cloud storage, cloud computing, database and other services to El Salvador. The partnership comes after Rumble received a strategic investment of approximately $775 million from Tether. Both sides emphasized the importance of being independent from Big Tech companies and believe this collaboration will pave the way for a new era of technological cooperation. Notably, El Salvador declared Bitcoin legal tender in 2021, and Rumble has also pledged to hold up to 20 million BTC as part of its reserves, which makes both parties share a common vision in the Bitcoin space.
Ace Hot Topic Analysis
Analysis
Rumble has entered into a cloud services agreement with the government of El Salvador, marking a new phase in their partnership. Rumble will provide El Salvador with services including cloud storage, cloud computing, databases, load balancers, and Kubernetes integration. This partnership stems from both parties' shared pursuit of technological independence and their embrace of Bitcoin. Stacy Herbert, Director of the National Bitcoin Office in the Office of the President of El Salvador, stated that Rumble has secured a strategic investment of approximately $775 million from Tether, providing it with robust financial backing. Rumble CEO Chris Pavlovski emphasized the importance of independence from big tech companies, aligning this with El Salvador's values of freedom and innovation. Rumble Cloud aims to disrupt the market with competitive pricing, and this partnership has the potential to usher in a new era of technological cooperation.
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Public Sentiment
Discussion Word Cloud
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.
The agreement reflects the Salvadoran government's trust in Rumble's ability to handle critical data, and emphasizes the importance of independence from large technology companies.
Both Rumble and El Salvador accept Bitcoin, and the partnership could pave the way for a new era of technological cooperation.
Rumble Cloud aims to disrupt the market at competitive prices, providing El Salvador with a more competitive cloud service option.