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El Salvador

Bitcoin is Sinking but El Salvador President Tells Investors to “Enjoy Life”

The value of Bitcoin has plummeted but El Salvador President Nayib Bukele said his country's worried investors should still "enjoy life." "Patience," he instructed, "is the key." The words of reassurance came in a tweet late Saturday, shortly after the...

Why is Elon Musk Challenging McDonald’s?

Elon Musk took to Twitter on Tuesday to try to convince fast-food chain McDonald's to accept Dogecoin as a form of payment. The world's richest man told the world's most recognizable fast-food chain he would "eat a happy meal on...

Crypto Value Soars After El Salvador Uses Volcanic Energy to Mine Bitcoin

The price of cryptocurrencies is soaring after El Salvador's President Nayib Bukele announced on Friday that the country is using volcanic energy to mine Bitcoin. The news came via Bukele's twitter account, where the president posted a video of a...

El Salvador Makes History by Adopting Bitcoin as Legal Tender

El Salvador on Tuesday became the first country in the world to accept bitcoin as legal tender, despite international concerns of risks to consumers. Twenty years after it adopted the US dollar as its national currency, El Salvador becomes a...

Massive Protests Erupt in El Salvador Against Bitcoin as Legal Tender

El Salvador is less than two weeks away from making the cryptocurrency Bitcoin one of its official currencies, the other being the United States dollar. This unprecedented move will make El Salvador the first country in the world to...

Bitcoin: El Salvador’s Grand Experiment

El Salvador has become the first nation to adopt the Bitcoin as legal tender, this marks a change in the reputation of the cryptocurrency.