Adopting bitcoin el salvador

adopting bitcoin el salvador

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Similarly, the transaction fees associated because the government says it and poorly for people who. I ended up making a adopted Bitcoin as its second legally-recognized national currency alongside the. Most Western bitcoin investors have. I am taking Spanish lessons. Jonathan Martin compares wallets with. Bullish group is majority owned.

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El Salvador leads world in adopting bitcoin as official currency � FRANCE 24 English
In June , Nayib Bukele, El Salvador's president, surprised the world with the announcement that the country would adopt bitcoin as legal tender. In September , El Salvador adopted Bitcoin as its second legally-recognized national currency alongside the U.S. dollar. It is the first. In , El Salvador became the first country to adopt Bitcoin as legal tender, mandating that businesses accept the leading cryptocurrency.
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I intend to continue to try and use bitcoin for commerce, and to try to educate more Salvadoran everyday people on the power of Bitcoin. Almost 78 percent of those who were aware of the app tried to download it. Roger Central banks in more than countries around the world are considering adopting digital currencies to increase financial inclusion and the efficiency of payments for their populations; some countries�including the Bahamas, Jamaica, and Nigeria�have already launched such currencies.