El Salvador President Says They Will Now Become a Bitcoin Mining Nation Using 100% Renewable Energy from Their Volcanoes

Sharing is Caring!

El Salvador Becomes First Country To Adopt Bitcoin As Legal Tender After Passing Law
Lawmakers in the Central American country’s Congress voted by a “supermajority” in favor of the Bitcoin Law, receiving 62 out of 84 of the legislature’s vote.

See also  Europe to become "ECONOMIC WASTELAND" as industry dies and banks fail

The exchange rate with the U.S. dollar “will be freely established by the market,” according to the proposed law. El Salvador’s current official currency is the U.S. dollar.

h/t Mason Firefly

See also  Fed Reserve announces that six of the nation’s largest banks will participate in a pilot climate scenario analysis exercise

Views: 2

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.