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Skip to main content The. As of today, Bitcoin is makes El Salvador the first 70 percent of Salvadorans disagreed after the Central American country to hold it as part CNBC reports.
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| Country that switched to bitcoin | The Verge homepage. But the country has been tight-lipped about its experience, much to the chagrin of the International Monetary Fund. The latter explains why Chivo Wallet was not even used to conduct transactions in dollars. You may opt-out by clicking here. Bukele's landslide victory is a testament to the Salvadoran population's endorsement of his governance and bitcoin strategy. Critics of Bukele's policies point to the potential risks and volatility associated with bitcoin investments. The authors had expected that people might be skeptical of Bitcoin because of the volatility and therefore risk of cryptocurrencies in general. |
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| Country that switched to bitcoin | As El Salvador continues to navigate the complexities of being the first nation to adopt bitcoin as legal tender, the world watches closely. But there are fears that the adoption of such a historically volatile currency could harm Salvadorans, and risk economic stability. Share this story. El Salvador took a different path toward digital payments. Argente says he is fascinated by the study of payment systems. But from there, the numbers declined drastically. More From Forbes. |
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