El Salvador celebrates ‘Bitcoin Day’ on September 7th, as BTC becomes legal tender
Since the state’s BTC wallet systems are down, El Salvador’s Bitcoin Day is plagued by operational difficulties. Three months after El Salvador’s parliament enacted the landmark legislation, the country’s Bitcoin Law is officially in effect as of September 7. The Central American country has become the first to recognize Bitcoin (BTC) as legal cash, according […]
El Salvador becomes first country to accept Bitcoin as a legal tender after 200 BTC purchase
El Salvador is the world’s first country to recognize Bitcoin as legal money, making it the first in the world to do so. Despite criticism from some local groups, the government believes that bitcoin will be a net good for the economy and society as a result of its implementation. President Nayib Bukele of El […]
Twitter Campaign Urges Bitcoin enthusiasts to Buy BTC as El Salvador Launch Looms
Bitcoin is on the rise, thanks to a rapidly spreading social media campaign enticing users to buy $30 worth of cryptocurrency on September 7. As Bitcoin bulls envision a prosperous September, the largest cryptocurrency’s price rose 2.5 percent in one day on Monday, reaching a four-month high of $51,908, before retracing to $51,600 by press […]
Anti-Bitcoin Law Activist Mario Gomez, Arrested in El Salvador
The arrest of activist Mario Gomez, who has been a prominent critic of President Nayib Bukele’s newly enacted Bitcoin Law, which makes bitcoin legal tender, has been announced by the El Salvadorian police. According to local sources, police in El Salvador have apprehended cryptocurrency and computer systems expert Mario Gomez, who has been a vociferous […]
El Salvadorean retirees demonstrate against the use of Bitcoin
Former military personnel in El Salvador are concerned that the government may begin paying their pensions in Bitcoin rather than the United States dollar. Salvadorans flocked to the streets in early September to demonstrate their opposition to the country’s acceptance of Bitcoin (BTC) as its official currency, while the country’s Bitcoin (BTC) law was being […]