36. Bitcoin in El Salvador: A Nation Embraces Cryptomurrency In 2021,
El Salvador became the first country in the world to adopt Bitcoin as its legal tender.
President Nayib Bukele saw Bitcoin as a solution to reduce the country's dependence on the US dollar and improve access to financial services.
Since then, El Salvador has launched several initiatives, such as the Chivo Wallet application, which enables citizens to store and spend Bitcoin.
However, the initiative has also encountered challenges, including concerns over Bitcoin's volatility and the technical implementation of payment infrastructures.
#studybitcoin #bullishbounty #bitcoin #btc
#nostr #zap #zapathon
Usgbtc21 / Ultimate Satoshi
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2024-09-28 09:00:14
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npub1cp9wpuyqfj94e2xla0apvfq5904m2kp0n3m6t07l2fyrnvxd26zqx9kxksSeen on
wss://relay.primal.netPublished at
2024-09-28 09:00:14Event JSON
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