Bitcoin News / Bitcoin.com - 2 years ago
El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” said, “No international organization is...
Cryptocoins News / NewsBTC - 2 years ago
Bitcoin started rising with the news El Salvador rejected the IMF request to drain BTC as a currency. In response, Bitcoin grew to a 14-day high price level, adding more than a quarter trillion US dollars into the crypto market.
Price tendency follo...
by COINS NEWS - 2 years ago
Two posts are on the front page right now: "El Salvador angrily rejects IMF call to drop Bitcoin use" and El Salvador Treasury Minister Alejandro Zelaya angrily rejects IMF demand to drop Bitcoin as legal tender, “We are a sovereign nation....
Bitcoin News / Bitcoinist - 2 years ago
El Salvador’s president Nayib Bukele has been ever hopeful and positive about Bitcoin and its value as a digital asset. Despite Bitcoin’s squally price movements in the past few weeks, Nayib Bukele believes that it is only a matter of time till Bitco...
Cryptocoins News / The Cointelegraph - 2 years ago
There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said. Salvadoran President Nayib Bukele made yet another bullish Bitcoin (...
Bitcoin News / Bitcoin.com - 2 years ago
The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF has also urged El Salvador to dissolve the...
More / Bitcoin Reddit - 2 years ago
hello everyone. i am finally visiting el salvador after 4 years. i was eager to check how btc was implemented and buy pupusas with : p . i got to start to say that i am an IT guy in germany. i am btc gold and silver hodler. my purpose with this text...
Cryptocoins News / The Cointelegraph - 2 years ago
Here are some travel tips from a couple who traveled around El Salvador for 45 days using only Bitcoin. El Salvador adopted Bitcoin (BTC) as legal tender over four mon...
More / Bitcoin Reddit - 2 years ago
I went to El Salvador with no expectations. When I first landed it felt hot, lovely. Had to wait for a friend so I grabbed the rental car, where they try and scam you for insurance, and went for a coffee. Friend arrived and we drove to El Zonte a.k.a...
Cryptocoins News / CoinJournal - 2 years ago
El Salvador adopted Bitcoin as legal tender in September 2021 and wants to build a ‘Bitcoin city’.
The IMF says the cryptocurrency poses threats to the country’s financial stability and consumer protection.
The International M...
by COINS NEWS - 2 years ago
Lots of people here keep spreading the narrative that El Salvador is "gambling recklessly" with people's savings and what not. Reading those posts one would think their entire reserves is now in BTC. But the fact is that just 2% of the...
by COINS NEWS - 2 years ago
Lots of people here keep spreading the narrative that El Salvador is "gambling recklessly" with people's savings and what not. Reading those posts one would think their entire reserves is now in BTC. But the fact is that just 2% of the...
by COINS NEWS - 2 years ago
Lots of people here keep spreading the narrative that El Salvador is "gambling recklessly" with people's savings and what not. Reading those posts one would think their entire reserves is now in BTC. But the fact is that just 2% of the...