77.1% of Salvadorans surveyed think the gov’t should ‘stop spending public money’ on Bitcoin
Less than 40% of surveyed respondents said they supported the approval of Bitcoin as legal tender. Go to Source Powered by WPeMatico
El Salvador
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Bitcoin, space travel and TikTok debut in Guinness World Records
The latest edition has included a host of achievements from “Cryptomania” including the record CryptoPunk NFT sale and El Salvador becoming the first country to adopt BTC as legal Tender. Go to Source Powered by WPeMatico
Close to 60,000 BTC Erased From Bitcoin Treasuries in 9 Months, 4 Entities Hold More Than 100K BTC
During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. However, during the last nine months of 2022, the number of bitcoin stored in these types of treasuries dropped by 57,481 bitcoin, worth around $1.1 billion using today’s exchange rates. $1.1 … Read more
El Salvador focused on bringing investment to Bitcoin City, says ambassador
The El Salvador official noted that the government is looking to attract more investments to its Bitcoin City with special incentives for businesses investing early. Go to Source Powered by WPeMatico
Global Bitcoin adoption is ‘still in its infancy,’ but here’s how it might accelerate
Rome wasn’t built in a day, and it will also take some time for every country on Earth to adopt BTC. Go to Source Powered by WPeMatico
South Carolina treasurer goes on Bitcoin ‘fact-finding trip’ to El Salvador
The state official reportedly used his own funds to pay for the trip, which included discussing Bitcoin with government officials and exploring financial literacy programs. Go to Source Powered by WPeMatico
McDonald’s starts to accept Bitcoin and Tether in Swiss town
The global fast food chain is among the first to participate in a crypto-friendly experiment in the town of Lugano. Go to Source Powered by WPeMatico
El Salvador’s Bitcoin decision: Tracking adoption a year later
El Salvador made history last year in September by making BTC a legal tender. One year later, the falling BTC prices and delayed Volcanic bonds have fueled skepticism. Go to Source Powered by WPeMatico
El Salvador’s pro-Bitcoin president Nayib Bukele announces reelection bid
Bukele says that despite past laws which prohibited the reelection of presidents, El Salvador can follow in the footsteps of developing nations. Go to Source Powered by WPeMatico
Dips be damned, El Salvador is stronger because of Bitcoin
Bitcoin is helping El Salvador to regain its monetary sovereignty, providing its citizens with financial opportunities, and solving problems the country has historically faced. Go to Source Powered by WPeMatico