Tag: bitcoin as legal tender

Feb 17 2022

These Senator’s ACES Act Allows The U.S. To Meddle In El Salvador’s Business

Everything surrounding the ACES act is almost comedic. U.S. Senators Jim Risch, Bob Menendez, and Bill Cassidy introduced the “Accountability for Cryptocurrency in El Salvador” AKA the ‘‘ACES Act.’’ It’s bipartisan legislation that would allow the U.S. to produce a...

Sep 21 2021

Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 7, P. 1: Economic Thought)

Welcome back, fellow student. Let’s dive back into Saifedean Ammous’ “The Bitcoin Standard” to discover the secrets of economic theory. In today’s lesson, we’ll study the “two main government-approved mainstream schools of economic thought: Keynesians and Monetarists.” Then, we’ll contrast them with the Austrian theory of money. Get the facts of...

Jul 03 2021

Chivo Wallet – An Overview Of El Salvador’s $30 Bitcoin Airdrop Plan

El Salvador President Nayib Bukele announced that each adult El Salvadorean would receive $30 Bitcoin in the official Chivo wallet upon successful registration on June 25, in a bid to promote Bitcoin usage in the country, after the largest cryptocurrency by market capitalization was declared to be the legal tender in the Latin American country....

Jun 05 2021

El Salvador Likely The First Country To Declare Bitcoin As Legal Tender

There's significant news coming out for Bitcoin's adoption as the Latin American country of El Salvador has announced that it's submitting a bill to make Bitcoin as the legal tender in the state on 06 June. The announcement was preceded by a mysterious little note from the official Twitter account of the...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: