Nayib Bukele
El Salvador Takes First Steps Towards Bitcoin Mining Using Volcanoes
Nayib Bukele, the president of El Salvador, has announced the first steps that the country has taken to enable volcanoes to mine Bitcoin.
El Salvador Purchases 150 new Bitcoins, Bukele: Buys the dip, Now Holds 700 coins
On Monday, El Salvador President Nayib Bukele announced that the Central American nation bought 150 new Bitcoins from the dip, urging people to buy the dip by giving his "presidential advice".
Anti-Government Protest Outbreak in El Salvador, Bitcoin ATM Burned in its Capital
Over thousand protestors marched in the capital of El Salvador Wednesday, while some Bitcoin ATMs reportedly were destroyed against the adoption of Bitcoin as fiat money.
President Nayib Bukele Confirms Purchasing 150 BTC Amid Crypto Market Crash
El Salvador President Nayib Bukele confirmed the country has purchased an additional 150 units of BTC despite the market dip. The nation experienced the volatility of crypto just within a day after adopting BTC as legal tender.
El Salvador Embraces Virtual Currency Era, Nayib Bukele: Just Bought 200 New Bitcoins
Central American nation El Salvador officially adopts Bitcoin as legal tender Tuesday, becoming the first country to embrace Bitcoin as another circulating fiat currency alongside the US dollar.
More than 75% Salvadoran Distrust in Bitcoin as Fiat Money, Poll suggests
A poll shows that more than three-quarters of Salvadorans are sceptical towards the implementation of Bitcoin across the country, according to Reuters, citing a survey released Thursday.
Scholar Disagrees BTC as the medium of Legal Tender
Roger Svensson, Associate Professor of the Institute of Industrial Economics, suggests that Bitcoin (BTC) is unsuitable as a medium of flat money for international currency.