Bitcoin is now Legal Tender in El Salvador - by Saintjerome of Crypto Experiences, 12-31-21
On June 9, 2021 the Assembly of El Salvador voted on a bill sponsored by President Nayib Bukele. It passed with 62 of 84 Assembly members voting Bitcoin in as legal tender along with the United States Dollar. This is a brilliant plan. Only 30% of the people were banked before but now between 3-4 million people have a bitcoin wallet and can send Bitcoin and cash almost instantly. To get people started the govenment gave everyone who opened a Chivo wallet $30 to start.
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