(Video) El Salvador first country to accept bitcoin as legal tender

El Salvador has become the first country to accept bitcoin as a legal tender. A video shared by one twitter user, Mario Aguiluz confirmed that. Citizens and many people living in El Salvador expressed their dissatisfaction as many people are not conversant with cryptocurrencies eg bitcoin etc.

Read also Cryptocurrency heist hacker returns $260m to company, says he doesn’t need money

(Video) President Rais Samia Suluhu Hassan has advised Bank of Tanzania to learn more about #cryptocurrency #bitcoin

Two South African brothers abscond with $3.6 billion of clients #bitcoin on their platform, Africrypt

Mario tweeted that he had just used bitcoin to buy coffee, condemning naysayers.

“This is to all the critics who said bitcoin would never be used to buy coffee. Just payed for mine at Starbucks in El Salvador” Mario tweeted.

A video captured by news247gh.com posted by Mario Aguiluz

El Salvador uses United States Dollar as its currency. According to BBC, the country will now add cryptocurrencies to its legal tender as a substitute.

People have taken to the streets to protest this new law as they consider it as a big setback for the economy.

People protest the acceptance of cryptocurrency in El Salvador

Leave a Reply

Your email address will not be published. Required fields are marked *