Salvadoran President Nayib Bukele explained to famous gold bug and cryptocurrency skeptic Peter Schiff yesterday (December 4) why it didn’t make any sense to criticize his country for continuing to take …
MoreTag: El Salvador
Bitcoin (BTC) puts El Salvador on the map as tourism sector has seen a boom
El Salvador has been considered a tourist hotspot but the industry suffered following the pandemic and a measure of social instability. Bitcoin is changing the narrative for the Tom Thumb …
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El Salvador plans on building the world’s first “Bitcoin City” to be powered by one of the volcanoes
El Salvador — the first country in the world to adopt Bitcoin as legal tender in September — plans on building the world’s first “Bitcoin City,” an entire city to be funded …
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El Salvador is set to Buy $500 M Bitcoin, taps crypto market for government bonds, plans Bitcoin city
El Salvador is set to become the first country in the world to issue government debt, backed by its economy and taxpayers, on the bitcoin market. This will mark the …
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The government of El Salvador will build 20 ‘Bitcoin schools’ with surplus from Bitcoin Trust
The government of El Salvador is embarking on its next Bitcoin-related project, which involves building schools using profits the nation has made on the asset. Profits or the “surplus” from …
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El Salvador buys 420 Bitcoins (BTC) during the dip. The investment is already profitable
The president of El Salvador has done it again. As a good Bitcoin maximalist, the price crash didn’t scare him, and instead of complaining or tweeting that his precious coin …
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Subsidiary of Mexican airline Volaris to accept Bitcoin (BTC) payments
As a result of El Salvador’s mainstream Bitcoin adoption, Volaris El Salvador, a local subsidiary of budget Mexican airline Volaris, will accept Bitcoin as payment. The Bitcoin move comes a …
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According to President Nayib Bukele, El Salvador prefers Bitcoin (BTC) over the US dollar
El Salvador is on a mission to popularize the use of Bitcoin within the country’s borders and it may be reaching its goal, one citizen, at a time. According to …
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El Salvador went all-in on Bitcoin. Will other countries follow?
Since the announcement that El Salvador would establish bitcoin as legal tender in June, speculation has swirled around which other countries may follow suit. Some believe El Salvador’s hasty rollout …
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El Salvador will use part of its $4M in Bitcoin profits to build an animal hospital
El Salvador will use part of its $4 million in bitcoin profits to build a modern-looking pet hospital, its president Nayib Bukele explained Saturday in a series of tweets. Bukele said …
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