77.1% of Salvadorans surveyed think the gov’t should ‘stop spending public money’ on Bitcoin
Less than 40% of surveyed respondents said they supported the approval of Bitcoin as legal tender.
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Less than 40% of surveyed respondents said they supported the approval of Bitcoin as legal tender.
The latest edition has included a host of achievements from “Cryptomania” including the record CryptoPunk NFT sale and El Salvador becoming the first country to adopt BTC as legal Tender.
During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. However, during the last nine months…
The El Salvador official noted that the government is looking to attract more investments to its Bitcoin City with special incentives for businesses investing early.
Rome wasn’t built in a day, and it will also take some time for every country on Earth to adopt BTC.
The state official reportedly used his own funds to pay for the trip, which included discussing Bitcoin with government officials and exploring financial literacy programs.
The global fast food chain is among the first to participate in a crypto-friendly experiment in the town of Lugano.
El Salvador made history last year in September by making BTC a legal tender. One year later, the falling BTC prices and delayed Volcanic bonds have fueled skepticism.
The current President of El Salvador known as an outspoken bitcoin proponent – Nayib Bukele – said he will compete in the next presidential elections in 2024. Throughout his reign,…
Bukele says that despite past laws which prohibited the reelection of presidents, El Salvador can follow in the footsteps of developing nations.