View Is Bitcoin Legal Tender Pics. As of 27 january 2015, several banks have closed accounts of clients trading bitcoin, and indicated presumption of criminal offense as the cause, with criminal offense presumably being cryptocurrency trade. See full list on seekingalpha.com
Bukele also announced a deal with telecom providers that smartphones without a data plan can use. Bitcoin enables the population of small unbanked countries like el salvador, honduras, or in most recent news, tanzania, to access the global payment system with low effort and costs. Tradingview the chart shows this behavior well.
China has done something quite similar by setting its currency to a fixed exchange rate to the us $ to encourage exports to the us and other developed countries.
Outsourcing part of a country's monetary sovereignty bears risks to a country. Bukele also announced a deal with telecom providers that smartphones without a data plan can use. Jun 09, 2021 · wed 9 jun 2021 11.15 edt el salvador has become the first country in the world to adopt bitcoin as legal tender after its congress approved president nayib bukele’s proposal to embrace the. The crypto market is very susceptible to bad news, and everything is tied to bitcoin at the moment.