El Salvador makes Bitcoin legal tender
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Re: El Salvador makes Bitcoin legal tender
#2Re: El Salvador makes Bitcoin legal tender
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#4I can't imagine what an enormous pain in the ass this is going to be for businesses, given the volatility of BTC.
Re: El Salvador makes Bitcoin legal tender
#5.
Re: El Salvador makes Bitcoin legal tender
#6Are they being the first country for the sake of being the first country?
Re: El Salvador makes Bitcoin legal tender
#7Re: El Salvador makes Bitcoin legal tender
#8Is the government accepting it for the payment of taxes and fines? Or are they just forcing businesses to take on the risk of accepting it? I can't imagine what an enormous pain in the ass this is going to be for businesses, given the volatility of BTC.
Re: El Salvador makes Bitcoin legal tender
#9Are they being the first country for the sake of being the first country?
Re: El Salvador makes Bitcoin legal tender
#10Re people below: I don't have any sources to back up my claim, sorry. I should have put more emphasis that what I wrote is mostly based on my beliefs and observation over years. You will only hear the news after a government has acquired amount of BTC they're satisfied with. If I wanted to acquire large amounts of BTC for the best price, I would do so quietly, while enjoying prices lowered by the Korea/electricity/whatever FUD (not saying these arguments against BTC are invalid but they would serve my goal). Feel free to dispute or downvote, whatever suits you.