Tag: nayib bukele

Dec 04 2021

From The Ground: Stephen DeLorme, A Hard-Core Bitcoiner, Talks To Salvadorans

This From The Ground report is gold. Stephen DeLorme visited El Salvador and got the information we needed. He talked to real people, experimented with different wallets, went to all kinds of commerces. His story is full of the confusion and angst that being the pioneer carries. El Salvador is going where no country has gone before. Its citizens are in for the...

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 22 2021

El Salvador To Build The First Bitcoin City Using Tokenized Bitcoin Bonds

El Salvador seems to be looking to a future fully integrated with bitcoin. The country which had made history in September as the first sovereign nation to make bitcoin a legal tender has taken another step forward in its adoption of the cryptocurrency. After investing millions of dollars into BTC, El Salvador has announced the next phase of adoption of the digital asset....

El Salvador's President Nayib Bukele To Speak At Bitcoin 2022 Conference

Bukele will share his experience in pursuing a Bitcoin standard while challenging the assumptions of international bodies.The president of El Salvador, Nayib Bukele, will speak at the world's biggest Bitcoin conference, Bitcoin 2022 in Miami, Florida. The Central American leader will share his experience in leading his nation to become the first in the world to make bitcoin a legal tender and...

Nov 21 2021

El Salvador Announces Bitcoin City, Plans to Issue $1 Billion In Tokenized Bitcoin Bonds

Nov 21 2021 Published at Coingape under tags  bitcoin bonds bitcoin news btcbrl btcbusd btc.d

The Latin American country El Salvador has announced its plans to launch the world's first 'Bitcoin City'. Country President Nayib Bukele took the center stage at an event on Saturday, November 20. As per the announcement, Bitcoin City will be initially funded by Bitcoin bonds. Besides, the city planned to the east of the country The post El Salvador Announces Bitcoin City, Plans...

Nov 02 2021

President Bukele: El Salvador To Use Bitcoin Profits To Build 20 Schools

The President of El Salvador Nayib Bukele has announced the nation will build 20 new schools with Bitcoin profits.The President of El Salvador Nayib Bukele has announced the nation will build 20 new schools with Bitcoin profits, the Press Secretary of the Presidency’s Twitter account confirmed. ...

Oct 31 2021

Chivo Bitcoin Wallets Setup Process Hijacked by Hackers

Salvadorans have come out in their hundreds, claiming that their IDs have been used by supposed hackers, in order to open Chivo Bitcoin wallets. As part of efforts by the Nayib Bukele-led government to ease Bitcoin adoption in the country, a $30 dollar bonus had been placed on every new wallet opened. But now according The post Chivo Bitcoin Wallets Setup Process Hijacked...

Oct 28 2021

El Salvador Now Owns 1120 Bitcoin As President Bukele Buys 420 More

El Salvador’s President Nayib Bukele confirmed via Twitter Wednesday evening that the Latin American nation has bought the “Bitcoin price dip,” exchanging dollars for Bitcoin at a time he believes it remains undervalued by the global market.El Salvador’s President Nayib Bukele confirmed via Twitter Wednesday evening that the Latin American nation has bought the “Bitcoin price dip,” exchanging dollars for Bitcoin...

Oct 23 2021

El Salvador President Looking to Buy the Bitcoin Dip, But Wants a Better Discount

Bitcoin ($BTC) price recorded a minor correction over the past 24-hours, falling to a daily low of $60,122. The retrace comes just days after $BTC posted a new ATH of $66,973 on Wednesday. The price correction is now being seen as an opportunity by many to stack more $BTC. Nayib Bukele, the president of El The post El Salvador President Looking to Buy...

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 10 2021

ETH’s Vitalik Buterin Blasts El Salvador’s Bitcoin Law. Is He On To Something?

It seems like Vitalik Buterin was dying to comment on El Salvador’s Bitcoin Law. A pseudonymous user posted this unpopular opinion on Reddit: El Salvador President Mr Nayab Bukele should not be praised by Crypto community.”...

Oct 05 2021

Bitcoin crosses $50K For The First Time Since El Salvador Adoption

The Bitcoin price crossed $50,000 on Tuesday morning, almost one month after El Salvador adopted it as legal tender.The Bitcoin price crossed $50,000 on Tuesday morning, almost one month after El Salvador adopted it as legal tender. On 7 September the price dropped around $5,000 from $52,500 to about $47,500. In the intervening weeks the price fell as low as $40,000 and...

Oct 04 2021

Edward Snowden: Bitcoin Up 10x Despite Coordinated Global Campaign By Governments

On Sunday evening famous whistleblower Edward Snowden commented on Bitcoin’s resilient price rise over the last year and a half despite global campaigns by governments to undermine the network.On Sunday evening famous whistleblower Edward Snowden commented on Bitcoin’s resilient price rise over the last year and a half despite global campaigns by governments to undermine the network. “Sometimes I think back...

El Salvador Onboards 3 million Bitcoin Users As Price Rises

El Salvador’s President Nayib Bukele confirmed that the Latin American nation has successfully onboarded over 3 million users to its Chivo wallet app in just 26 days.El Salvador’s President Nayib Bukele confirmed via Twitter Sunday evening that the Latin American nation has successfully onboarded over 3 million users to its Chivo wallet app in just 26 days....

News From El Salvador, Early October: The Chivo Ecosystem’s Stress Test

Another month, another Bitcoin mined using volcanic power. That’s what’s happening in El Salvador, the little country that could. Plus, Moneygram alters its business. Problems and solutions with Chivo ATMs and the Chivo ecosystem as a whole. Stars in Bitcoin Beach and direct reports from the ground. This edition of our now regular news roundup comes full of action and heartwarming stories, so...

Sep 30 2021

President Bukele Reduces Gas Price For Chivo Bitcoin Wallet Users In El Salvador

President Bukele revealed gas stations in El Salvador will begin selling each gallon of fuel at a $0.20 discount for those who pay using the Bitcoin Chivo wallet.President Nayib Bukele took to Twitter late Wednesday night to reveal gas stations in El Salvador would begin selling each gallon of fuel at a $0.20 discount for those who pay using the Bitcoin Chivo...

Sep 29 2021

President Bukele Begins 100% Renewable Volcano Bitcoin Mining In El Salvador

On Tuesday Nayib Bukele, President of El Salvador, released a new video showing a geothermal facility with Bitcoin mining machines operating on the side of a volcano.On Tuesday Nayib Bukele, President of El Salvador, released a new video showing a geothermal facility with Bitcoin mining machines operating on the side of a volcano.The original video, which Bukele shared Tuesday afternoon on...

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