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
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
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More / Etherum Reddit - 3 years ago
If a crypto like Bitcoin becomes legal tender, then every payment made is a trade. The buyer is in a short position while the seller is in a long position. That said, how can a crypto obtain price stability? Yes, fiat decreases in value because of in...
More / Bitcoin Reddit - 3 years ago
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More / Bitcoin Reddit - 3 years ago
As of this moment, everyone are panicking about Bitcoin as there is a potential Death cross about to form in the next few days. But technicals are not reliable as the momentum, trend and volume keeps changing and could reverse any time soon. What is...
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Bitcoin News / Bitcoin.com - 3 years ago
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...
More / Bitcoin Reddit - 3 years ago
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More / Bitcoin Reddit - 3 years ago
The President of El Salvador has announced that he will make #Bitcoin legal tender in his country. El Salvador will be the first country to hold bitcoin in its reserves. submitted by /u/alvarosb [link] [comments]
by COINS NEWS - 3 years ago
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More / Bitcoin Reddit - 3 years ago
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by COINS NEWS - 3 years ago
The President of El Salvador just announced that he is making Bitcoin legal tender in his country. This is the first country to take such a courageous step, but it won’t be the last Today, the country of El Salvador has taken one small step for bitco...
More / Bitcoin Reddit - 3 years ago
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