President Bukele Guarantees Zero Commissions, Shows Confidence In Bitcoin Law
To respond to the opposition’s claims and announce several key aspects of his Bitcoin Law strategy, President Bukele used a tweetstorm. On September 7th, El Salvador’s Bitcoin experiment goes into full effect. The timing is right for a presidential update, and we got it and then some. President Bukele went into familiar territory, reaffirming several […]
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The government’s new “Chivo” Bitcoin wallet will be interoperable and commission-free. The latest announcement from El Salvador's pro-Bitcoin president, Nayib Bukele, has clarified that citizens will not be forced to use the government-issued “Chivo” Bitcoin wallet.In a tweet on June 29, El Salvador’s President Bukele stated he wanted to clear up any misinformation regarding the government’s wallet application following the passing of the country’s Bitcoin law on June 9, which will take effect on September 7.The new Bitcoin wallet is called Chivo, which is slang for “cool” in El Salvador,....
At the Bitcoin 2021 conference in Miami, El Salvador’s president, Nayib Bukele, appeared via a Zoom presentation and noted that he plans to submit a bill next week that recognizes bitcoin as legal tender. Bukele revealed a partnership with the company Strike, a bitcoin payments firm launched by Jack Mallers. Progressive President Nayib Bukele Says Bitcoin Will be Legal Tender in El Salvador El Salvador is looking to become the first country to adopt bitcoin (BTC) as legal tender, as the country’s president Nayib Bukele announced El Salvador’s BTC support at the Bitcoin....
El Salvador President Nayib Bukele gives a sneak-peek into upcoming Volcano-powered Bitcoin mining farms. President Bukele Releases Preview El Salvador’s President, Nayib Bukele, used Twitter to give an early peak at the planned Bitcoin mining setup, which would be powered by volcanoes. Earlier this month, Salvador became the first country in the world to recognize […]
President Bukele tweeted his predictions for Bitcoin this upcoming year, including a $100,000 price target.
According to Nayib Bukele, there will be 200 ATMs and 50 branches capable of converting Bitcoin into U.S. dollars starting on Sept. 7. Nayib Bukele, the president of El Salvador and the principal figure behind the country’s adoption of Bitcoin (BTC), said residents will have the opportunity to convert their crypto to fiat immediately after Bitcoin is recognized as legal tender. In a Sunday announcement on Twitter, Bukele said 4.5 million adults in El Salvador would have the option of HODLing their Bitcoin once the country officially accepted the cryptocurrency as legal tender or....