In the latest in a long line of problems plaguing El Salvador’s Bitcoin embrace, locals are reporting that their Bitcoin is vanishing from their accounts.
El Salvador - Bitcoin News Related To El Salvador
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President Bukele fires back at critics on ‘Bitcoin experiment’
The adoption of Bitcoin is changing El Salvador’s economic landscape, according to the Salvadoran president.
An Essay From El Salvador: A Moment In Time For Bitcoin And A Country
Bitcoin adoption in El Salvador has put the country in the news in a positive light, as the world watches their progress.
El Salvador Buys 21 Bitcoins on 21st Day of 21st Year of 21st Century
Announcing the purchase on Twitter, the President also noted that the country’s land area is 21,000 square kilometers.
Lyn Alden on Bitcoin, El Salvador and the Unprecedented Macro Moment
An end-of-year analysis from Lyn Alden, one of economics’ most interesting thinkers.
Behind the Scenes of El Salvador’s Bitcoin Bond With the Man Who Designed It
Samson Mow reveals the fast-moving process behind a radical financial experiment.
As Tanking Bitcoin Gives Salvadorans a National Haircut, UK Analytics Firm Sees a Smokescreen for Bigger Financial Troubles
El Salvadoran President Nayib Bukele’s $70.7 million bitcoin investment was down $3.4 million — about 5% — a headline in La Prensa Grafica screamed on Tuesday (Dec. 7). On Friday it was down another $2.3 million. Volatility in bitcoin is nothing new, but if new investors are battered by fear, uncertainty and doubt — FUD […]
Lack of Transparency Blighting El Salvador’s Bitcoin Adoption, Critics Say
Media outlets claim that bitcoin (BTC) adoption has been a damp squib thus far in El Salvador – and have bemoaned the fact that the government has failed to produce any explanation of how it has spent the money it has forked out on token purchases….
Read More: Lack of Transparency Blighting El Salvador’s Bitcoin Adoption, Critics Say
Blame the Bitcoin Bond? El Salvador’s Dollar-Denominated Debt Slides
Bitcoin bonds are a contributing factor to the slide in El Salvador’s dollar-denominated debt, but not the only one.
Salvadoran Ecologist Claims Nayib Bukele’s Volcano-Powered Bitcoin Mine Will ‘End in Environmental Disaster’
El Salvador’s leading ecologist Ricardo Navarro believes that mining bitcoin with a volcano, or geothermal energy, will “end in environmental disaster.” Navarro believes geothermal energy costs more than oil, and thinks El Salvador’s millennial president Nayib Bukele’s decision is questionable. Salvadoran ecologist Ricardo Navarro Questions His Country’s Volcano-Powered Bitcoin City Venture During the second week […]
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