Cryptocurrency Q&A
Why did El Salvador adopt bitcoin as legal tender?
Why did El Salvador adopt bitcoin as legal tender?
Martina
Mon Nov 25 2024
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6 answers
1071
I'm curious about the reasons why El Salvador chose to adopt Bitcoin as a legal tender. I want to understand the background and motivations behind this decision.
6 answers
EnchantedSeeker
Tue Nov 26 2024
Economist Cesar Villalona shared his insights with AFP.
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Tommaso
Tue Nov 26 2024
According to Agence France-Presse, El Salvador made a bold decision two years ago.
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BitcoinWarrior
Tue Nov 26 2024
Despite numerous warnings, the country adopted Bitcoin as legal tender.
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Daniele
Tue Nov 26 2024
He stated that Bitcoin "does not exist" in the practical sense for the majority of Salvadorans.
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Giulia
Tue Nov 26 2024
The move was aimed at revitalizing the economy and improving financial access.
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