by COINS NEWS - 3 years ago
Some people may not realize but El Salvador's main currency is the USD. It is used there as currency for everything, from savings to expenses. But the main difference is that unlike USD, the Salvadorean central bank can't print more of this...
Cryptocoins News / The Cointelegraph - 3 years ago
News of a major adoption move has no impact on lackluster BTC price action prior to government approval — can anything lift Bitcoin out of its range? Bitcoin (BTC) beg...
by COINS NEWS - 3 years ago
This guy is single handedly bringing BTC a bad name. After the absolute clown show in BTC conference, he seems to be doubling down on his shenanigans. He now claims he bought a home in El Salvador to show support for the country's pro- Bit...
Cryptocoins Exchanges / Binance - 3 years ago
With 70% of the population not having have access to a bank account, they’re embracing #Bitcoin, embracing hope. https://preview.redd.it/rosohruznq371.jpg?width=1280&format=pjpg&auto=webp&s=e6dadfcdf7fbe4d4615b0724040e59968...
Cryptocoins News / The Cointelegraph - 3 years ago
While some made out the announcement from a Lightning Wallet developer to be historic, the market seems to think it's ho-hum. While it was billed as the “one of the b...
Cryptocoins News / NewsBTC - 3 years ago
The adoption of the Bitcoin Standard by nation-states has begun. El Salvador will become the first country to declared BTC a legal tender. The announcement was made recently; the crypto space and its industry are still processing its impact.
Although...
by COINS NEWS - 3 years ago
According to Andrea Tosato, a lecturer and researcher on commercial law at the University of Nottingham, Bitcoin may be legally classed as money in the US if recognized as legal tender by El Salvador under UCC § 1-201. I am no expert on law, but this...
More / Bitcoin Reddit - 3 years ago
First of all, let me link you El Salvador's poverty map: http://www.fisdl.gob.sv/temas-543/mapa-de-pobreza It is information that comes directly from our current government. It is in Spanish, but you can see how bad our country is. People dont ha...
More / Bitcoin Reddit - 3 years ago
On its face, it’s obviously great for Bitcoin if El Salvador adopts it as its legal tender. There are, however, nuances in the internal revenue code that make this news much bigger than most realize. Most know that when trading foreign currencies gai...
More / Bitcoin Reddit - 3 years ago
A friend of bitcoin is a friend of mine. If you're in El Salvador and can do networking (Juniper, Cisco, Palo Alto) or development in C/C#/Java then send me a pm Let's get currency into your wallets to spend submitted by /u/thro...
Cryptocoins Exchanges / Binance - 3 years ago
El Salvador to accept Bitcoin as legal tender. Countries start to see the potential of Bitcoin and accepting it. We will see more adoption in coming months. This is just the beginning. https://preview.redd.it/ut4xyt26jl371.jpg?width=12...