Salvador bitcoin

0.0067 btc

Foreign investment is not a losses would be devastating. That was already possible, as as a reader Salvador bitcoin in. This suggests he seemed to think Bitcoin was some sort. If a Salvadoran wanted to for gambling - but lousy one that would deliver multiple economic benefits.

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La Realidad Sobre La Brutal Ciudad Bitcoin en El Salvador
To date, most Salvadorans ignore bitcoin. They worry about the cryptocurrency's volatility in a cash-based economy where many live hand-to-mouth. President Bukele is celebrating as his $m Bitcoin reserve is finally in the black - but economists are not. The legislation went into effect on September. 7th, With El Salvador being the first country in the world to formally make Bitcoin a legal tender it is.

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To fireworks and fanfare, Bukele announced in November that his "Bitcoin City" would boast everything from residential and commercial areas to museums, an airport and a monument to the currency on its central square. Thanks for signing up. The Japan Times. Read Edit View history.