El Salvador’s Bold Bitcoin Move
Embracing Bitcoin as Legal Tender and Building Bitcoin Reserves
Published in
6 min readJul 11, 2023
If you like this content subscribe to my stories here
In a historic and groundbreaking decision, the small Central American nation of El Salvador has taken a bold step towards embracing the future of finance. On June 8, 2021, El Salvador’s Legislative Assembly passed a law making Bitcoin legal tender alongside the US dollar, becoming the first country in the world to do so. This decision has far-reaching implications, both for El Salvador and the…