Tensions Grow In El Salvador Over The Bitcoin Gamble

2021-9-6 01:15

El Salvador will become the first country that adopts Bitcoin as its legal tender in September. However, several warnings are coming from the economist over the risks such a move poses. According to John Hopkins University findings, paying remittances with Bitcoin will be more costly than the usual traditional method. Also, another survey revealed that […]

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bitcoin salvador paying remittances findings hopkins john

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Источник: bitcoinist.com

bitcoin salvador → Результатов: 9

El Salvador launches website to monitor the Bitcoin holdings in its treasury

El Salvador has made headlines once again in the cryptocurrency world with the launch of a Bitcoin treasury monitoring website. Since adopting Bitcoin (BTC) as a legal tender in 2021, El Salvador continues to pioneer initiatives aimed at embracing and leveraging the potential of digital assets for economic growth and financial inclusion. The Central American […]

2024-5-13 14:20	Bitcoin
bitcoin salvador website treasury leveraging embracing initiatives

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IMF Demands Changes to El Salvador's Bitcoin law: Report

The IMF is reportedly demanding changes to El Salvador's pioneering Bitcoin law amid $1.4 billion credit negotiations, underscoring tensions over Bitcoin's disruptive potential.

2024-4-16 14:17	el salvador
bitcoin salvador imf law changes underscoring credit

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New Bitcoin Education Initiative Launched In El Salvador’s Public School System

A non-profit organization focused on Bitcoin (BTC) education, operating out of El Salvador, has recently unveiled an updated version of its Bitcoin Diploma program. The initiative aims to promote wider adoption of the leading cryptocurrency and educate individuals about the benefits of understanding its underlying technology.

2024-4-2 00:30
bitcoin salvador initiative education wider promote adoption

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First Nation to Buy Bitcoin El Salvador Passes $400 Million in Holdings

El Salvador's pioneering embrace of Bitcoin as legal tender has paid off, with the country now holding over $400 million worth of Bitcoin.

2024-3-26 15:15	Business
bitcoin salvador million off worth paid tender

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El Salvador Moves Bitcoin Reserves to Cold Storage Vault

El Salvador has officially taken self custody of a large portion of their national Bitcoin treasury.

2024-3-19 18:32
bitcoin salvador custody large treasury national self

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El Salvador Starting to Buy Bitcoin?

El Salvador's Bitcoin wallet keeps on growing

2024-3-18 11:40
bitcoin salvador growing keeps buy starting wallet

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El Salvador’s Bitcoin Stockpile Is Way Bigger Than Previously Believed

In a surprising development, El Salvador’s millennial crypto-loving president Nayib Bukele announced yesterday that his administration moved a substantial portion of its Bitcoin holdings into a cold wallet and intended to lock it away in a physical vault.

2024-3-16 21:32	el salvador
bitcoin salvador holdings portion moved substantial cold

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El Salvador generating revenue from Bitcoin, could pay off all its IMF debt

El Salvador, under the leadership of President Nayib Bukele, has made significant strides in its embrace of Bitcoin (BTC) as a legal tender. Recent developments indicate that the Central American nation is not only accumulating Bitcoin reserves but also generating revenue from various BTC-related sources.

2024-3-13 13:30	Bitcoin
bitcoin salvador generating revenue nation central american

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El Salvador Reaches $60 Million in Bitcoin Investment Profits

Explore El Salvador's pioneering move in embracing Bitcoin as legal tender in 2022, amidst a backdrop of crypto market turbulence. The post El Salvador Reaches $60 Million in Bitcoin Investment Profits appeared first on BeInCrypto.

2024-2-29 03:53	Crypto News
bitcoin salvador profits investment reaches million turbulence

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Shytoshi Kusama Stuns SHIB Army by Going to Bitcoin State El Salvador

Leader of Shiba Inu team spotted in Bitcoin country El Salvador

2024-2-10 12:43
bitcoin salvador leader shiba inu country spotted

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Nayib Bukele claims profit on El Salvador’s Bitcoin despite data showing losses

El Salvador president Nayib Bukele, who recently began a six-month leave from office in order to focus on his reelection campaign, has stated that El Salvador’s Bitcoin (BTC) investment has turned profitable due to Bitcoin’s recent surge past $41,000.

2023-12-5 19:00	Nayib Bukele
bitcoin salvador bukele nayib stated campaign reelection

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Bitcoin Saves El Salvador

Graham Elwood is a comedian, filmmaker, and podcaster. He has just spent time on the ground in El Salvador exploring the country's Bitcoin adoption. He is producing a new documentary called Bitcoin Saves El Salvador.

2023-7-26 05:00	BNC insights
bitcoin salvador saves exploring ground new called

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Salvadoran teenager becomes Bitcoin teacher, no longer earning ‘6 dollars a day’

In a series of tweets, 18-year-old Gerardo Moran explained his journey back to his former high school in El Salvador, where he is now teaching senior professors about Bitcoin.

2023-7-9 09:04
bitcoin salvador school back former high senior

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Strike Moves HQ to El Salvador, Expanding Bitcoin Payments to 65 Countries

Bitcoin payments firm Strike has announced a massive expansion along with the relocation of its headquarters to El Salvador. The post Strike Moves HQ to El Salvador, Expanding Bitcoin Payments to 65 Countries appeared first on BeInCrypto.

2023-5-21 11:35	Bitcoin News
bitcoin salvador strike payments countries moves expanding

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U.S. Senators Introduce Bill Requiring Reports On El Salvador’s Bitcoin Adoption

The reports will look to answer questions about the impacts of El Salvador’s bitcoin legal tender law on the U.S. and other countries.

2023-5-13 00:40
bitcoin salvador reports legal impacts tender law

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El Salvador’s Bitcoin Experiment: How Is It Working Out?

Back in 2021, El Salvador became the first country to adopt Bitcoin as official legal tender. It was a turning point, with many people either praising or condemning the move. Lately, governments have cracked down on Bitcoin.

2023-4-8 00:07	Blockchain News
bitcoin salvador either praising people turning point

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IMF Slams El Salvador Bitcoin Bonds (Again), But Tourism Spikes 30%

The IMF criticized El Salvador for its decision to make bitcoin legal tender in a statement published about the country’s economy. The post IMF Slams El Salvador Bitcoin Bonds (Again), But Tourism Spikes 30% appeared first on BeInCrypto.

2023-2-13 10:00
bitcoin salvador imf spikes tourism slams bonds

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El Salvador’s Bitcoin strategy evolved with the bear market in 2022

After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin pricing.

2023-1-7 23:34	Bitcoin Price
bitcoin salvador year tough faced pricing sinking

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Max Keiser Claims All Crypto But Bitcoin Are Securities, Here's Why

Prominent Bitcoiner again attacks altcoins, praising El Salvador's president for adopting Bitcoin as legal tender

2022-12-2 17:41
bitcoin salvador praising altcoins attacks president again

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El Salvador begins buying Bitcoin

The President of El Salvador, Nayib Bukele has just tweeted that the country will buy one Bitcoin per day starting tomorrow, Friday.

2022-11-17 14:07	Nayib Bukele
bitcoin salvador one buy per starting friday

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Revisiting El Salvador A Year After Its Bitcoin Adoption

Two bitcoin explorers return to El Salvador to see what the country looks like after a year of Ley Bitcoin.

2022-11-14 04:44	el salvador
bitcoin salvador year country looks ley like

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Bitcoin in El Salvador – One Year Later

It has been one year since Bitcoin became legal tender in El Salvador. Crypto adoption has not been without issues in El Salvador, but it’s difficult to weed through the different stories about Bitcoin because there are so many competing interests promoting or FUDing Bitcoin.

2022-10-4 16:40	Company News
bitcoin salvador one year stories different promoting

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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.

2022-9-14 18:41	el salvador
bitcoin salvador opportunities solving financial historically faced

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El Salvador: One Year Of Bitcoin And Counting

The on-the-ground projects of El Salvador’s Bitcoin adoption show how the citizens of the country seek financial education.

2022-9-9 20:30
bitcoin salvador citizens education country show seek

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El Salvador’s Bitcoin Law, 1-Year Anniversary: The Good, The Bad, And The Ugly

Believe it or not, El Salvador’s Bitcoin Law is only one year old. This is a multi-year project in its infancy. What mainstream media is working extra hours to call “a failure” is the equivalent of a baby.

2022-9-8 01:44
bitcoin salvador law media mainstream infancy working

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The State of Lightning One Year After El Salvador’s Bitcoin Adoption

Lightning helped El Salvador adopt bitcoin one year ago, which in turn helped usage of the Bitcoin Layer 2 network balloon around the world.

2022-9-8 13:00	el salvador
bitcoin salvador year helped lightning one layer

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El Salvador And Bitcoin After Bukele

Why the Bitcoin Law in El Salvador being reversed is more unlikely than you might think.

2022-9-6 23:00	el salvador
bitcoin salvador unlikely think might reversed bukele

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El Salvador’s ‘My First Bitcoin’: How to teach a nation about crypto

If successful, the “Mi Primer Bitcoin” program, which recently rolled out in El Salvador, could be coming soon to a school near you.

2022-8-11 18:00
bitcoin salvador out rolled could soon near

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Tourism In El Salvador Rises In Spite Of Bitcoin Bear Run

El Salvador was the first country to make Bitcoin a legal tender. Though some speculations have given pessimistic forecasts on the implications for the nation, things seem to be moving in a contrary wave.

2022-8-5 14:00	Max keiser
bitcoin salvador implications pessimistic given forecasts seem

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Tourists flock to El Salvador despite Bitcoin bear market

El Salvador, the first country to adopt Bitcoin as legal tender, has seen explosive growth in tourism numbers in the first half of 2022.

2022-8-5 13:35
bitcoin salvador explosive seen tourism growth half

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El Salvador says Bitcoin bet working but needs more time to bear fruit

El Salvador’s Bitcoin (BTC) experiment is on track, and results will not happen overnight, the country’s Finance Minister Alejandro Zelaya told Bloomberg News in an interview. The post El Salvador says Bitcoin bet working but needs more time to bear fruit appeared first on CryptoSlate.

2022-7-29 13:00	Adoption
bitcoin salvador bear fruit time bet working

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Bitcoin Adoption In El Salvador Continues To Grow

Jimmy Song shares his perspective on El Salvador's adoption of bitcoin, the housing market and how fiat currencies reduce the quality of life.

2022-7-28 10:00
bitcoin salvador adoption market housing currencies life

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El Salvador, Unfazed By The Bear Market, Buys 80 Bitcoin – Will Others Do The Same?

El Salvador’s president and Bitcoin fanatic, Nayib Bukele, doubled down on his country’s sinking investment in the cryptocurrency by purchasing more than $1. 5 million more on Friday. The Central American nation hogged the headlines last year when it became the first nation to recognize bitcoin as legal cash.

2022-7-1 15:40	Nayib Bukele
bitcoin salvador nation purchasing year headlines american

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El Salvador Leverages Bear Market, Buys 80 Bitcoin

El Salvador, big fans of Bitcoin, are still saying that Bitcoin is the future. Bukele purchased 80 BTC for around $19,000 per BTC. The post El Salvador Leverages Bear Market, Buys 80 Bitcoin appeared first on BeInCrypto.

2022-7-1 07:33	Markets
bitcoin salvador btc bear leverages market buys

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El Salvador’s President says ‘Bitcoin will pick up, don’t worry and enjoy life’

El Salvador’s President Nayib Bukele assured citizens that the current bear market is not the end for Bitcoin (BTC) and advised Bitcoin investors to stop worrying and be patient. The post El Salvador’s President says ‘Bitcoin will pick up, don’t worry and enjoy life’ appeared first on CryptoSlate.

2022-6-21 04:30	Investments
bitcoin salvador president life says enjoy pick

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El Salvador President under fire over $18M loss after Bitcoin tumbles to $23k

El Salvador’s Finance Minister Alejandro Zelaya played down the impact of Bitcoin crashing on the country’s financial health, Reuters reported. The post El Salvador President under fire over $18M loss after Bitcoin tumbles to $23k appeared first on CryptoSlate.

2022-6-14 15:00	Politics
bitcoin salvador tumbles 23k under president fire

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Central bankers bellow Bitcoin on El Salvador's Bitcoin Beach

On day three of El Salvador’s financial inclusion and funding for SMEs conference, Bitcoin has stolen the show.

2022-5-21 13:24
bitcoin salvador funding inclusion financial show stolen

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More Stress For El Salvador As Bitcoin Dips To $29,000

El Salvador has been on the radar of leading financial and economic institutions since it made Bitcoin a legal tender. It has mainly become a spectacle as cryptocurrency supporters and non-supporters alike watch on to see how this plays out.

2022-5-20 02:00	Nayib Bukele
bitcoin salvador supporters cryptocurrency spectacle mainly tender

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El Salvador’s Nayib Bukele Reveals Never-Before-Seen Details Of The Planned Bitcoin City

While El Salvador has been battling gang violence for the last few months, recent posts from the country’s leader may indicate that the Central American nation is ready to put all of that behind them and move on with its Bitcoin goals.

2022-5-13 18:13	Cryptocurrency News
bitcoin salvador american nation ready central may

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The Crypto Company Aiding El Salvador’s Bitcoin Adoption

Chicago-based company Athena Bitcoin deployed bitcoin ATMs a week after El Salvador’s president legalized bitcoin as legal tender.

2022-4-29 22:35
bitcoin salvador company president legalized tender week

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Bitcoin Still Struggling To Take Off In El Salvador

El Salvador has become a hotbed for bitcoin adoption in recent months. As a result, it may come as a surprise that Bitcoin has failed to gain traction in the country, according to a recent survey. Despite this, several businesses are optimistic that BTC will gain traction in the long run. El Salvador became the […]

2022-4-27 00:49
bitcoin salvador recent gain traction according despite

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El Salvador: One Small Step For Bitcoin

Tracing El Salvador's Bitcoin story, from Bitcoin Beach to the ongoing challenges in establishing government-led adoption.

2022-4-15 17:58
bitcoin salvador challenges ongoing adoption government-led establishing

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El Salvador's Bitcoin law and why it may not be a happy half-birthday

A number of crypto-investors, analysts, and even several governments thought that El Salvador would lead the international community in the mass adoption of Bitcoin. However, reactions have been mixedThe post El Salvador's Bitcoin law and why it may not be a happy half-birthday appeared first on AMBCrypto.

2022-3-27 09:30	BTC Trading View
bitcoin salvador happy half-birthday law may reactions

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Mexican Billionaire Ricardo Salinas Visits El Salvador, Meets With Nayib Bukele

Emerging as one of the biggest bitcoin supporters out there, Ricardo Salinas made the pilgrimage to El Salvador. The billionaire took journalists Max Keiser and Stacy Herbert on a private plane to the first country to adopt bitcoin as legal tender.

2022-3-27 17:38
bitcoin salvador billionaire salinas ricardo herbert stacy

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Bitcoin City: El Salvador’s Dreams for Utopia on Hold

Locals interviewed by CoinDesk have mixed feelings about El Salvador’s multimillion dollar proposal financed by “bitcoin bonds.”

2022-3-26 22:43	Layer 2
bitcoin salvador feelings mixed dollar bonds financed

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El Salvador’s Tourism Sector Grows By Over 30% — Thanks To Its Great Bitcoin Experiment

The tourism industry in El Salvador has significantly improved ever since the Central American nation passed its Bitcoin Law, which paved the way for citizens to pay taxes in BTC and use the cryptocurrency as a medium of exchange.

2022-2-23 22:24	xbtusd
bitcoin salvador tourism citizens pay way law

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Pro-Bitcoin Max Keiser says the Bitcoin law is a good option for El Salvador

Max Keiser, a popular Bitcoin bull, has advocated for Bitcoin as legal tender in El Salvador. Keiser has applauded the Bitcoin law in El Salvador, saying that it is a “great option” for the country.

2022-2-12 10:15	Cryptocurrency
bitcoin salvador keiser option max law applauded

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Despite Criticisms, El Salvador Is Not Forcing Its Citizens To Use Bitcoin

Understanding El Salvador’s Bitcoin Law and dispelling FUD around Bitcoin adoption.

2022-1-26 03:00
bitcoin salvador law understanding around adoption fud

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El Salvador is down $12 million on its Bitcoin buys

With the ongoing market slump, El Salvador is holding significant losses on its Bitcoin investments. The post El Salvador is down $12 million on its Bitcoin buys appeared first on CryptoSlate.

2022-1-16 16:00	Investments
bitcoin salvador buys million down investments cryptoslate

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El Salvador’s Bitcoin Stash Suffers $11 Million Drawdown

President Bukele Has Lost Over $11 Million Trading Bitcoin For El Salvador The Bitcoin experiment by El Salvador President Nayib Bukele has purportedly put a big dent in the Central American nation’s pocket so far.

2022-1-14 16:05	el salvador
bitcoin salvador president bukele million far dent

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2021-9-6 01:15

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