by COINS NEWS - 3 years ago
To date, the country has bought Bitcoins several times: On 07-Sep-2021: 400 BTC for $21M On 08-Sep-2021: 150 BTC for $7M On 20-Sep-2021: 150 BTC for $6.4M Total so far: 700 BTC for $34.4M At the current price of $61,389; these 700 BTC is now worth $4...
by COINS NEWS - 3 years ago
El Salvador's best investment was president Bukele buying the dip this year! I know the amount of controversy surrounding the situation in El Salvador and their adoption of Bitcoin! But it’s just been over 1 month since it took place and it’s alr...
More / Bitcoin Reddit - 3 years ago
By my quick back of the napkin math, El Salvador is up $10M on their $34M initial investment in Bitcoin in about a month and a half. Not too shabby. submitted by /u/ProfessionalWelcome [link] [comments]
Cryptocoins News / The Cointelegraph - 3 years ago
The country’s central bank chief does not see the recent Bitcoin adoption move hampering plans to secure an IMF loan. Douglas Rodriguez, president of the Central Reser...
Cryptocoins News / The Cointelegraph - 3 years ago
Users of the Salvadoran government’s Chivo wallet will not be able to see frozen price quotes until the feature has been removed to deter arbitrage scalpers. The Salva...
Cryptocoins News / NewsBTC - 3 years ago
Bitcoin traders have found a way to use the recently launch Chivo App, the countries own BTC wallet, by El Salvador’s government to make a profit. As part of their BTC Law, this app operates with the second layer payment solution lightning network.
R...
More / Bitcoin Reddit - 3 years ago
El Salvador's Vice President Félix Ulloa predicted that more countries will follow El Salvador's Bitcoin adoption model during a recent meeting with Pascal Drouhaud, vice president of the LATFRAN association. ulloa expects poor El Salvador to...
More / Bitcoin Reddit - 3 years ago
Seeing how the people of El Salvador slowly gain trust (or, at least tolerance).. Seeing how Mr Bukele bought the dip & introduced geothermal powered Bitcoin mining and more, receiving confirmation for his actions after the price skyrocketed.. S...
More / Bitcoin Reddit - 3 years ago
President Bukele reacted on social media after the rebound in price to $60k. The president also wrote two new great facts, one people are inserting much more dollars to buy bitcoin than what they are withdrawing from ATMs, second, in a single day, El...
Bitcoin News / Bitcoin.com - 3 years ago
The Bank of Spain, the central bank of the country, criticized the adoption process El Salvador chose when declaring Bitcoin legal tender last month. In a report titled “The role of crypto assets as legal tender: the example of El Salvador...
More / Bitcoin Reddit - 3 years ago
Hi! First time posting here. This is my opinion about what Buterin said, I'm salvadorian and maybe I'm not the regular salvadorian but if the law didn't require big businesses to accept bitcoin most likely I wouln't be able to pay in...
Cryptocoins News / CoinJournal - 3 years ago
El Salvador's president shared his plan to use the profits made from Bitcoin in setting up a pet hospital on Saturday
El Salvador's president Nayib Bukele announced via a Twitter thread over the weekend that the recently netted Bitcoin profits would...
