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❕NEWS Bitcoin makes history in El Salvador

AudraMiller

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One of the hardest things when it comes to cryptocurrency is getting them legalized and getting the governments of various countries to actually be accepting of this financial system as well. In a recent article, El Salvador has made history with a bitcoin legislation that was sent to congress. As part of this legislation, bitcoin is said to be regulated, but recognized as a currency that can be used without any restrictions. What are your thoughts on this?
 
President Nayib Bukele announced that El Salvador has become the first nation in the world to officially adopt cryptocurrency after its Congress overwhelmingly approved a law designating Bitcoin as legal tender, a move he hopes will increase foreign investment, increase financial inclusion, and create jobs.
 
Looking at the Bitcoin price today , it actually looks less favourable for the country , because the price they bought was too high and Bitcoin have been falling down. , Showing that elsavador president is probably be in loss even now
 

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