Thousands Of People Plan To Buy $30 Of Bitcoin To Celebrate El Salvador
People from all over the world are planning on buying $30 worth of bitcoin to celebrate El Salvador making it legal tender.The world is about to change forever as today is the last day on planet Earth where bitcoin won’t be legal tender somewhere. Because tomorrow, BTC officially becomes legal tender in El Salvador, marking a historic milestone in Bitcoin’s journey to becoming the world reserve currency. To jump-start bitcoin usage in El Salvador, citizens will have the option to receive a free $30 in BTC via the government’s Chivo wallet app. This is to incentivize El Salvadorians to get....
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El Salvador, the country which made bitcoin legal tender, has purchased 21 more bitcoins to celebrate “the last 21st day of the year 21 of the 21st century,” President Nayib Bukele announced. The country has bought about 1,391 bitcoins altogether. El Salvador Buys More Bitcoins El Salvador’s President Nayib Bukele announced Tuesday that his country has bought more bitcoin. His announcement began with a tweet that reads: “El Salvador’s entire size is 21,000 km2. Coincidence? I don’t think so!” He followed up with a series of tweets that....
A central American country, El Salvador, has been buying Bitcoin since September. However, the country’s big bet on crypto has collapsed in recent weeks because the cryptocurrency washed out roughly a third of the value of the government’s assets. El Salvador is the first country to adopt bitcoin as a legal tender. They also plan […]
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 […]
Buying Bitcoin is becoming a way of celebrating different occasions or playing around with meaningful figures by El Salvador. The government of El Salvador continues celebrating significant days by buying more Bitcoin (BTC), with President Nayib Bukele announcing a new purchase of 21 BTC on Tuesday.Worth around $1,036,000 at the time of writing, El Salvador’s latest BTC investment is to celebrate the “last 21st day of the year 21 of the 21st century” and commemorate the scarcity of Bitcoin as its supply is limited by 21 million BTC, Bukele said.The president also noticed that El Salvador’s....
The International Monetary Fund (IMF) has warned El Salvador against using bitcoin as legal tender due to various risks associated with cryptocurrency. The warning came one day after Salvadoran President Nayib Bukele announced his plan to build a “bitcoin city” powered by a volcano and financed by bitcoin bonds. IMF Says El Salvador Shouldn’t Use Bitcoin as Legal Tender The International Monetary Fund (IMF) warned El Salvador on Monday that the country should not use bitcoin as legal tender, citing various risks associated with the cryptocurrency. El Salvador is the....