El Salvador

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Careful everyone, Bitcoin is "far-right", anti-democratic and El Salvador adapting it is somehow related to Trump (?)

14 Sep 2021 2 minute read 0 comments Kovichni

Another day, another ******* idiot who writes littlešŸŽšŸ’© stories fishing for a popular angle to antagonize the masses against Bitcoin. https://www.thedailybeast.com/how-the-worlds-far-right-bitcoin-fanatics-could-royally-screw-you That's what this is y...

September 7th, 2021: Bitcoin Day

8 Sep 2021 1 minute read 0 comments Fety Bernard Etienne(fetinafety)

Salama Landers, September 7th, 2021 is Bitcoin Day. Ā  Ā  Back in June 2021, he has already bought 400BTC before. El Salvador is the only country that agrees on BTC as a legal tender currency in his country. On September 7th, 2021, Nayibe Bukele, El...

El Salvador Adopts Bitcoin as Currency Despite Protests and Risks

7 Sep 2021 3 minute read 0 comments DailyCoin

Visit DailyCoin for more articles. Ā  The government of El Salvador, led by Nayib Bukele, put Bitcoin into force as a legal currency this Tuesday, amidĀ protestsĀ and the disapproval of 70 percent of the population, disapproval from the United State...

Next Olympics should be held in El Salvador and end to the gold standard; Bitcoin for 1st, Ethereum for 2nd and UniSwap for 3rd place

3 Aug 2021 1 minute read 0 comments Kovichni

Yes yes I'm just joking, but the point of this is to highlight scarcity. Did you know that the "gold" medals athletes win nowadays aren't actually real gold? Due to the scarcity, price and other factors the Olympics of 1912 were the last where the aw...

Reverse psycologize much? The goons of the Dollar are warning El Salvador's Bitcoin adaption may make them vulnerable to "malign actors"

2 Jul 2021 1 minute read 4 comments Kovichni

Remember how in a previous post we summarized that for a nation, holding the US Dollar by the billions as your foreign reserve you are exposing your entire country to utmost vulnerability regarding sanctions whenever Washington decides you are not fo...

Top Ten Countries By Crypto Usage

29 Jun 2021 1 minute read 5 comments SeventyFourSeventyFive

Ever wondered if the US is the top country for crypto acceptance? Well, if you thought it was, you would be way off.Ā  In a recent survey from Statista Global Consumer, Nigeria tops the list with almost one third of the respondents saying they used or...

I Am Sceptic About El Salvador Adopting Bitcoin. Here Is Why

26 Jun 2021 1 minute read 1 comment Sir Loin

The banking trick with the adoption of Bitcoin as a legal national currency in one single state has been unraveled. The law comes into force on September 7th. By this time, the Chivo crypto wallet will be ready for downloading and installing on smart...

Bitcoin is legal in El Salvador- Is it a Gimmick President Bukele?

24 Jun 2021 2 minute read 0 comments Suny Ag

El Salvador has become the first country in the world to recognize bitcoin as a legal tender (ie official currency). But experts have refused to consider it as a big step. Rather, he has called it a publicity stunt of El Salvador President Nayib Baka...

Celsius CEO reinforces 160k bitcoin in 2021

15 Jun 2021 1 minute read 0 comments Jacalf

After all the El salvador bitcoin legal tender situation. The CEO of Celsius predicts that we can reach a 160k bitcoin this year. https://finbold.com/celsius-ceo-bitcoin-to-hit-160000-in-2021-backed-by-legal-tender-adoptions/ This prediction comes wi...

Bitcoin And El Salvador: Gordon's Perspective On The Arguments Of Decentralization

13 Jun 2021 8 minute read 16 comments BitcoinGordon

Bitcoin Maximalism... Bitcoin Maxi's... Toxic Bitcoin Maxi's... Boy oh Boy it's been a salty week in crypto. But, it's okay. Sometimes when communities dig in, express their passionate positions on ponderings of particular points (px5), we get to see...