Last Updated on March 3, 2023 by Paganoto
How Bitcoin In El Salvador Could Help End Poverty – BORGEN
How Bitcoin In El Salvador Could Help End Poverty – BORGEN
Government officials in El Salvador claim that the adoption of Bitcoin will increase the affordability of services, widen payment options and …
El Salvador bitcoin experiment not saving country's finances
El Salvador bitcoin experiment not saving country's finances
El Salvador’s $425 million bitcoin experiment isn’t saving the country’s finances … A bystander uses a Bitcoin ATM in San Salvador, El Salvador, …
El Salvador's law: a meaningful test for Bitcoin – PwC
El Salvador's law: a meaningful test for Bitcoin – PwC
70% of the population in El Salvador does not have a bank account2. Bitcoin technology could allow a larger part of the population to have an easier access.
El Salvador is betting its economy on Bitcoin – Quartz
El Salvador is betting its economy on Bitcoin – Quartz
But El Salvador’s financial authorities have insisted that Bitcoin would be an asset to its economy, not a liability.
El Salvador embraces Bitcoin – AB magazine
El Salvador embraces Bitcoin – AB magazine
Bitcoin adoption enables El Salvador to be more independent from American monetary policy,’ he says, which still supports low interest rates. Bitcoin will not …
El Salvador and Bitcoin: Everything you need to know – CNET
El Salvador and Bitcoin: Everything you need to know – CNET
In theory, using Bitcoin as legal tender gives El Salvador more economic autonomy. And, on a practical level, it reduces the cost of money …
Living with bitcoin as a currency: the case of El Salvador
Living with bitcoin as a currency: the case of El Salvador
The reasons for El Salvador adopting bitcoin (BTC) as legal tender include: reducing the strong reliance on the U.S. dollar in the country’s …
El Salvador's President Bukele Uses Bitcoin for a Rebrand
El Salvador's President Bukele Uses Bitcoin for a Rebrand
Bukele is touting Bitcoin as a way for Salvadorans to reduce the fees they pay to send and receive remittances—which make up 22% of El …
Six months in, El Salvador's bitcoin gamble is crumbling
Six months in, El Salvador's bitcoin gamble is crumbling
The city, Mow explained, would be funded with a $1 billion “Bitcoin bond,” initially backed by the cryptocurrency. Half of the money raised …
Factbox: Pros and cons for El Salvador, the first bitcoin nation
Factbox: Pros and cons for El Salvador, the first bitcoin nation
Bukele said last month bitcoin would allow Salvadorans to save on $400 million each year in commissions for remittances. Advertisement · Scroll …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.