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El salvador bitcoin what does it mean | Author Jay L. This would protect not only folks who use Bitcoin for payments, but also businesses that accept Bitcoin for goods and services. So it's really unclear exactly how widely Bitcoin is going to become used as a currency or whether indeed other countries beyond El Salvador start to accept Bitcoin as legal tender in the same way that the Central American country has done. Read more: Bitcoin: El Salvador's grand experiment. But having two legal tenders will complicate matters � particularly when one of those currencies is subject to wild swings in its value. The bill says all shops, individuals, and businesses are obliged to accept Bitcoin. Become an author Sign up as a reader Sign in. |
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How to make money off bitcoin mining | El Salvador is already facing higher interest rates as international investors are worried about the move. The alleged domestic assault occurred in Owings Mills, Md. Kennedy International Airport and were greeted by thousands of screaming fans, who had cut school or driven hundreds of miles to see the mop-topped quartet. Yahoo News The impact of similar payments in other countries, like COVID stimulus payments , appear to end after people have spent the money. And in the medium- and long-term we hope that this small decision can help us push humanity at least a tiny bit, into the right direction. |
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Bitcoin in El Salvador: How it Happened \u0026 What it Means!! ????El Salvador became the first country in the world to use bitcoin as legal tender, after having been adopted as such by the Legislative Assembly of El. means that most of the bitcoin purchased by El Salvador is underwater. Bukele's decision to use national funds to make large speculative. It is the first nation to adopt the �Bitcoin Standard,� serving as a testing ground for other countries looking to adopt the digital currency as.
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