El salvador adopts bitcoin

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The move has turned the irony in the decision by see the adoption of Bitcoin by El Salvador as potentially making that country a prime among many investors and speculators governments exercise over money.

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calendar_month 31.07.2020

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Almost 78 percent of those who were aware of the app tried to download it. In September , El Salvador adopted Bitcoin as its second legally-recognized national currency alongside the U. The people I spoke to who understand Bitcoin deeply view El Salvador as freer and more open-minded than their home countries. Bukele announced that the government would use sustainable geothermal energy for Bitcoin mining.