Day: June 20, 2022

Metaverse RETAIL Uncategorised

Bitcoin enters course as El Salvador’s legal tender

El Salvador became the first country in the world to circulate bitcoin as an exchange currency alongside the US dollar on September 7 this year. Many of the Salvadorans who declared their protests disapprove of the currency.

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When celebrities promise you to make a fortune in cryptocurrencies, walk away!

The very famous Kim Kardashian recently promoted a highly speculative “digital currency” to her 200 million Instagram followers. Authorities have warned about this and others.

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Volcano Bitcoin: El Salvador will mine Bitcoin using geothermal energy

The government of Bukele will produce geothermal energy for the electricity needs of the Bitcoin farm, a measure that has caused economic and energy controversy in El Salvador.

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INDUSTRIALS Metaverse RETAIL

Bitcoin in El Salvador: Between price drops and protests

Bitcoin’s first day in circulation as legal tender saw five protests take to the main streets of San Salvador to reject its implementation.

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Bitcoin price swings wildly after it enters circulation in El Salvador

Bitcoin’s continued entry in El Salvador began with a systemic collapse due to strong demand and generated strong volatility in the cryptocurrency’s price. Nayib Bukele’s plans have sparked fear and controversy.

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El Salvador: Condemns Unauthorized Use of Funds to Implement Bitcoin

Cristosal asked the Accounting Court that the Attorney General’s Office should be certified if “there is any unlawful act” in order to “start the appropriate criminal proceedings”.

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El Salvador: Uncertain Bitcoin Revolution

This week, the attention of the German-speaking media turned to El Salvador, the first country in the world to circulate bitcoin as legal tender. He stressed that while some applauded, others heralded a breakdown.

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ECONOMY ENERGY HEALTH

El Salvador reaches over 500,000 bitcoin wallet users and opens ATM in US

El Salvador has more than 500,000 Chivo wallet users transacting with Bitcoin. The Chivo Wallet system has also opened ATMs in nine U.S. cities, according to President Nayib Bukele.

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September 15: El Salvador marches against authoritarianism

The widespread unrest united traditionally opposed Salvadoran groups in protest against various measures imposed by Nayib Bukele’s government.

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INDUSTRIALS RETAIL Uncategorised

Thousands in El Salvador Protest Bitcoin and Bukele Government

Protesters demanded that President Nayib Bukele respect the separation of powers and reject the establishment of bitcoin as legal tender in El Salvador.

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