The Morning After: El Salvador made Bitcoin a legal currency
Bitcoin has had a rollercoaster ride over the last months. Once Tesla's darling, with its value climbing, when the EV maker dropped BTC pricing, the cryptocurrency plummeted in value, (it's down 37 percent over the last month, at the time of writing). But hey, don't tell El Salvador. President Nayib Bukele has followed through on his campaign promise to make the turbulent Bitcoin legal tender, alongside the US dollar. It means that, in about 90 days, the cryptocurrency can be used as payment for goods or services unless a business doesn't have the facilities to accept it.
Jun-10-2021, 11:20:16 GMT
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