- El Salvador bought 400 bitcoin worth about $20.9 million, one day before it formally adopts the world’s most popular cryptocurrency as legal tender.
- The announcement came as El Salvador’s bitcoin law, which was passed in June, took effect on Tuesday.
- El Salvador has launched a wallet app called Chivo which citizens can sign up to with a national ID in order to transact using bitcoin.
El Salvador bought roughly $20.9 million worth of bitcoin, one day before it formally adopts the world’s most popular cryptocurrency as legal tender.
In a series of tweets Monday, President Nayib Bukele revealed that the country had purchased a total of 400 bitcoin, the first step in a larger push to add the digital currency to its balance sheet.
The tweets were posted a few hours apart. Based on the bitcoin price at the time of the tweets, the amount of the digital coin purchased totaled roughly $20.9 million.
www.cnbc.com/2021/09/07/el-salvador-buys-400-bitcoin-ahead-of-law-making-it-legal-currency.html
Trending:
- Rothschilds, Rockefellers, and More Redpills
- Things Are Starting To Get Really Crazy Out There…
- Walmart Reports A Large Number Of Store Closings As Catastrophic Retail Collapse Intensify
- These Economic Numbers Are Staggering
- Hillary Clinton leaked emails reason to get rid of Gadaffi
- ‘Unsafe and ineffective’ Pfizer is going to court!
- 29 DEMS JOIN REPUBLICANS TO BLOCK BIDEN
- The US Dollar World Reserve Status is Officially Over
- FRANCE – Now largely ignored by world media.
- The Entire World Economy Could COMPLETELY COLLAPSE At Any Moment.
Views: 3