El Salvador - Bitcoin News Related To El Salvador

The Central American nation is taking its first steps to harness massive natural power sources to mine Bitcoin. The impacts could stretch far beyond the world of crypto.

It’s rare that I agree with David Gerard, the British writer who has made a career out of cherry-picking the crypto industry’s problems to savage those of us who argue in good-faith for crypto’s long-term potential. But I find myself agreeing with many of his recent assertions about a badly handled rollout in El Salvador… [Read more]

More than nine years ago, we founded Bitcoin Argentina’s nongovernmental organization to defend bitcoin and its potential despite all public opinion to the contrary. At the time, bitcoin was criticized by families and friends, very little was known about the subject, and everything in the media was negative. No one could understand the social relevance… [Read more]

The Salvadoran President’s negotiations with gangs seem to have driven down murders – but they’re also ammunition for skeptics of Bukele and his Bitcoin policies.

The tiny nation of El Salvador will soon take a giant leap into the future of finance, as it will become the first country ever to recognize bitcoin as legal tender. Last week, President Nayib Bukele announced in a national address that the law will take effect on Sept. 7. As of this coming Tuesday,… [Read more]

Money talks, often in metaphors. Today, El Salvador became the first country to adopt bitcoin as legal tender, allowing residents to pay all public and private debts in the cryptocurrency. It’s a policy without precedent in the world, and one that symbolizes the beginning of a new period of national self-determination for the country. Proposed… [Read more]