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RE: Daily Crypto Markets Live Blog: Happy Bitcoin Legal Tender Day (09/07/21)

in LeoFinance • 3 years ago

El Salvador bought 200 Bitcoins ahead of today's rollout. President Nayib Bukele also announced that they will be buying more coins in the future.

They have a homegrown BTC wallet called Chivo, which comes pre-loaded with $30 worth BTC if you register with a Salvadoran official ID.

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3 years ago in LeoFinance by
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     3 years ago  

    It seems like the official ID is a necessary thing since its to reduce the fraud. I wonder if the government will start paying for their bills in BTC from now on.

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       3 years ago  

      Start paying for their bills or start accepting Bitcoin for bill payments? I am confused. 😮

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         3 years ago  

        Well BTC is legal tender...so its official currency. So they could start paying government related services with BTC.

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