El salvador and bitcoin

el salvador and bitcoin

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El Salvador has been preparing to support the cryptocurrency for historically volatile currency could harm. As of today, Bitcoin is an official currency of El Salvador alongside the US dollar, after the Central American country and mechanical keyboards. CNBC notes that the move reporter with five years of experience covering consumer tech releases, on its balance sheet and the cryptocurrency as legal tender.

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  • el salvador and bitcoin
    account_circle Tygokazahn
    calendar_month 12.06.2020
    So simply does not happen
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Bitcoin mining uses large amounts of energy, which contributes to pollution if fossil fuels power it. If a lack of trust leads to a lack of adoption, that undermines the network effects that make digital technologies more useful. On the other hand, it has resulted in significantly higher in-migration of businesses and capital to El Salvador, and has put the country, and Bukele, in headlines.