Tag: adopting bitcoin

Apr 25 2022

Did The Central African Republic Adopt Bitcoin As Legal Tender? Here’s The 411

As it turns out, the Central African Republic did not adopt bitcoin as legal tender. Yesterday, a Forbes Monaco article took the bitcoin world by storm. It said an African country had followed El Salvador’s footsteps and...

Nov 30 2021

From The Ground: Devastating Problems With The Chivo Wallet

During Bitcoin Week, reports of the Chivo Wallet stealing people’s Bitcoin reached a mainstream audience. Salvadorans have been dealing with the issue and reporting it to tech support for a while, without much luck. The international influencers that recently visited El Salvador have a much wider audience, and they are very confident that they know how to work the wallets....

Nov 17 2021

Adopting Bitcoin: A Lighting Summit Day One Recap

The gathering of Lightning developers and builders, taking place in El Salvador, kicked off with high energy and fantastic talks.With over 700 attendees from over 30 countries at this conference, the energy is electric as Lightning is powering El Salvador’s move from little-known country to Bitcoiners’ top destination. As Bitcoin culture is bigger and broader than ever before, there are a dizzying...

We Are Proud To Have Adopted Bitcoin, Says El Salvador’s Minister Of Economy

María Luisa Hayem provided insights on the government’s experience since adopting bitcoin at the Lightning Summit Adopting Bitcoin.The Bitcoin Week is taking place in El Salvador this week, hosting a range of events in the country’s capital. The week’s most prominent event is LABITCONF, the Latin American Bitcoin & Blockchain Conference, which will bring together some...

Bitcoin Lightning Network Capacity Strikes New All-Time High: Factors

The rise of The Lightning Network is one of the most important stories of the year. On its back, El Salvador could adopt Bitcoin as legal tender. Bitcoin Beach’s implementation of The Lightning Network served as a use case that showed that it could be used to transact in the country as a whole. Since then, the network keeps growing day after day,...

Nov 06 2021

From The Ground: Salvadoran Tells Us Exactly What’s Going On In Bitcoin Country

If we want to know what’s really going on in El Salvador, asking a Salvadoran is the way to go. Our first From The Ground report had phenomenal information, but there are details that only a local can provide. Luckily for us, the “Bitcoin en...

Oct 18 2021

News From El Salvador, Mid October: Bitcoin Earnings, Pet Hospital, Motorcycles

Time to check back with El Salvador. Their Bitcoin experiment is well underway, and it’s already showing results. Are these results positive or negative? You be the judge of that. We’ll just present the facts, the tweets, and the photos. Can you believe everything the people we’re quoting say? Of course not. Everyone has an agenda. However, a clear picture is emerging. And...

Oct 05 2021

Previewing The LABitConf And Adopting Bitcoin Events In El Salvador

Organizers of two fantastic Bitcoin conferences coming to El Salvador this quarter described their upcoming events.Watch This Episode On YouTubeListen To This Episode:...

Sep 08 2021

Edward Snowden: Global Bitcoin Game Theory To Begin Playing Out

The whistleblower has highlighted how El Salvador's "pawn to e4" move will pressure other nations to adopt bitcoin.The game-theoretic facet of Bitcoin adoption might soon start playing out in global geopolitics. Famous whistleblower Edward Snowden tweeted about it yesterday, highlighting that Bitcoin favors those that adopt it early, thereby putting pressure on other nations who might be penalized for being...

Sep 07 2021

Bitcoin And Lightning Network Conference To Be Hosted In El Salvador

Adopting Bitcoin — A Lightning Summit in El Salvador, hosted by Galoy, will be held in San Salvador and El Zonte from November 16 to 18, 2021.In San Salvador and El Zonte, the three-day Bitcoin and Lightning conference, Adopting Bitcoin — A Lightning Summit in El Salvador, is set to be hosted this November. This conference will be presented by...

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