El Salvador Loses Its Crypto Investment As Bitcoin Shares Fall

NBC News published this video item, entitled “El Salvador Loses Its Crypto Investment As Bitcoin Shares Fall” – below is their description.

Last year, El Salvador declared cryptocurrency legal tender alongside the U.S. dollar, however, concern grows as the value of Bitcoin plummets. NBC News’ George Solis reports on how the country’s leaders say they are not worried about the possibility of the nation defaulting.

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About This Source - NBC News

NBC News is the news division of the American broadcast television network NBC.

NBC News aired the first, regularly scheduled news program in American broadcast television history on February 21, 1940.

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Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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In This Story: El Salvador

El Salvador, officially the Republic of El Salvador (Spanish: República de El Salvador, literally “Republic of The Saviour”), is a country in Central America. El Salvador’s capital and largest city is San Salvador.

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The National Broadcasting Company is an American English-language commercial broadcast television and radio network which is the flagship property of and owned by Comcast. The network is headquartered at 30 Rockefeller Plaza in New York City, with additional major offices near Los Angeles, and Chicago.

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Thomas Edward Llamas is an American journalist who was the weekend anchor for World News Tonight on the American Broadcasting Company from 2014 to 2021. Afterward, he left ABC News for rival NBC News, with his last ABC broadcast being on January 31, 2021.

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