El Salvador Makes Bitcoin Legal Tender

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  • Bloomberg Technology published this video item, entitled “El Salvador Makes Bitcoin Legal Tender” – below is their description.

    Jun.09 — El Salvador has become the first country to formally adopt Bitcoin as legal tender after President Nayib Bukele said congress approved his landmark proposal. Nic Carter, founding partner at Castle Island Ventures, talks with Bloomberg’s Romaine Bostick, Caroline Hyde and Joe Weisenthal on “What’d You Miss?” about the vote. Carter was talking to Bukele on Twitter when the vote occurred.

    Bloomberg Technology YouTube Channel

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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.

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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.

    The colón, the currency of El Salvador since 1892, was replaced by the United States dollar in 2001.

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