Bitcoin Fail – 80% Of El Salvador’s People Believe President’s Crypto Program...
Bitcoin took the internet by storm in 2021 when El Salvador – the smallest country in South America – announced it will make the cryptocurrency a legal tender. The plan was first made public during the 2021 Bitcoin Conference that was held in Miami through a video of El Salvador President Nayib Bukele that shared […]
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If successful, the “Mi Primer Bitcoin” program, which recently rolled out in El Salvador, could be coming soon to a school near you. The grassroots Mi Primer Bitcoin or “My First Bitcoin” program has picked up steam in El Salvador. The first cohort of Bitcoiner-come-students began studies in May this year. Founded by John Dennehy, an American activist and journalist, the program also has the support of the El Salvador government. El Salvador’s first #Bitcoin diploma program launched with the support of its Ministry of Education pic.twitter.com/ajIHPHzqap— Bitcoin Magazine....
Everything surrounding the ACES act is almost comedic. U.S. Senators Jim Risch, Bob Menendez, and Bill Cassidy introduced the “Accountability for Cryptocurrency in El Salvador” AKA the ‘‘ACES Act.’’ It’s bipartisan legislation that would allow the U.S. to produce a full report on El Salvador’s post-Bitcoin Law situation. Related Reading | Crypto Regulation: U.S. Senator […]
Bitcoin never asked for permission to exist, and some experts still feel the concept should not be allowed to exist in the first place. Andreas Antonopoulos recently held a presentation about the relationship between Bitcoin and blockchain. To some people, it is possible to separate the two entirely, but in reality, things are different. In fact, industry experts seem to think Bitcoin will fail, whereas the blockchain will succeed. It is not fundamentally correct to think either Bitcoin and blockchain will completely succeed, or utterly fail. At its core, both Bitcoin and the blockchain....
A recent study suggests that 99% of people from Mexico and Brazil and 96% of Americans fail to grasp the basic concepts of cryptocurrencies. Out of all the survey respondents aware of bitcoin, 17% in the U.S., 15% in Brazil, and 14% in Mexico own the crypto asset. The report published by cryptoliteracy.org further explains that 9 out of 10 survey respondents did not know that Bitcoin’s supply is capped off at 21 million.
Despite the Bull Run in 2021, Study Shows Crypto Knowledge Is Lacking in the US, Mexico, Brazil
According to a study published by cryptoliteracy.org....
El Salvador’s Bitcoin acceptance is a major win for the cryptocurrency industry, Cardano founder Charles Hoskinson believes. Following El Salvador’s historic adoption of Bitcoin (BTC) as legal tender on Tuesday, Cardano founder Charles Hoskinson predicted that a lot more countries will eventually follow in the Latin American country's footsteps.El Salvador’s Bitcoin acceptance further legitimizes the belief that people should be in control of their money, Hoskinson said in his “Congratulations Bitcoin” YouTube video on Sept. 7.The Cardano founder expressed confidence that cryptocurrencies....