Blockchain

Bitcoin: El Salvador makes cryptocurrency legal tender

CommunityNews

CommunityNews

Bitcoin: El Salvador makes cryptocurrency legal tender

El Salvador has become the first country in the world to officially classify Bitcoin as legal currency.

Congress approved President Nayib Bukele’s proposal to embrace the cryptocurrency, with 62 out of 84 possible votes on Tuesday night.

The president said the government had made history, and that the move would make it easier for Salvadoreans living abroad to send money home.

Bitcoin will become legal tender, alongside the US dollar, in 90 days.

The new law means every business must accept Bitcoin as legal tender for goods or services, unless it is unable to provide the technology needed to do the transaction.

Read in full here:

This thread was posted by one of our members via one of our news source trackers.

View thread on forum
#bitcoin#cryptocurrency
0 1305 0

Where Next?

View thread on forum
bitcoin
cryptocurrency
Home Blockchain
#bitcoin#cryptocurrency
0 1305 0
Last post

Popular Other Fields topics Top

ErlangSolutions
Blockchain

Crypto Wallets | Two-factor authentication
2020 has seen a significant uptick in the number of companies looking at adding Digital Wallets and tokenization to their offerings. On o...
/security
1 3325 0
New
First poster: bot
Blockchain

Bitcoin hits all-time high rising above $20,000
bbc.co.uk
#bitcoin
0 1478 0
New
First poster: bot
Blockchain

Bitcoin consumes 'more electricity than Argentina'
Bitcoin uses more electricity annually than the whole of Argentina, analysis by Cambridge University suggests. “Mining” for the cryptocu...
bbc.co.uk
#bitcoin
0 1261 0
New
First poster: Jsdr3398
Blockchain

Bitcoin hits new record of $50,000
Digital currency Bitcoin has risen to a new record high of more than $50,000 (£36,000). The so-called cryptocurrency, which was created ...
bbc.co.uk
#bitcoin
28 1994 18
New
First poster: bot
Blockchain

$365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin
As much as $365 billion wiped off cryptocurrency market after Tesla stops car purchases with bitcoin. Tesla CEO Elon Musk said Tesla wou...
cnbc.com
#bitcoin#tesla#cryptocurrency
0 1352 0
New
CommunityNews
Blockchain

How Blockchains Work
How Blockchains Work Chances are, you know what Bitcoin is. After all, it’s valued at over $47,000 per Bitcoin right now. This post isn’t...
asthasr.github.io
0 1261 1
New
First poster: bot
Blockchain

Bitcoin: El Salvador makes cryptocurrency legal tender
El Salvador has become the first country in the world to officially classify Bitcoin as legal currency. Congress approved President Nayi...
bbc.co.uk
#bitcoin#cryptocurrency
0 1304 0
New
First poster: bot
Blockchain

A US company has turned a former coal plant into a gas-fired Bitcoin mine
Bitcoin mines require a lot of energy to power the computers inside. Greenidge Generation in New York has converted a former coal plant i...
bbc.co.uk
#video#bitcoin
0 1485 0
New
First poster: bot
Blockchain

Bitcoin: What are crypto-currencies?
Fans of crypto-currencies say they are the future of money - but at what cost?
bbc.co.uk
#basics
0 1344 0
New
CommunityNews
Blockchain

Is Web3 Still About Decentralization and Privacy?
Web3’s evolution: From privacy dreams to blockchain’s financial reality. How does cryptography fit in?
spectrum.ieee.org
#privacy
1 223 0
New

Other popular topics Top

PragmaticBookshelf
Hybrid>Learning Resources

Programming Flutter
Instantly view the changes you make to an app with stateful hot reload, and define a declarative UI in the same language as the app logic...
pragprog.com
#pragprog/book-programming-flutter#published-book/flutter
11 4501 1
New
AstonJ
General Dev>Hardware

Custom keyboard keycaps
There’s a whole world of custom keycaps out there that I didn’t know existed! Check out all of our Keycaps threads here: https://forum....
#hardware/keyboards#keycaps#mechanical-keyboards
15 11086 19
New
Exadra37
Linux>Questions

What is the most minimalist Linux server distro?
I am asking for any distro that only has the bare-bones to be able to get a shell in the server and then just install the packages as we ...
#linux#servers
66 25846 24
New
PragmaticBookshelf
Community>In The Spotlight

Spotlight: Jamis Buck (Author) Interview and AMA!
Author Spotlight Jamis Buck @jamis This month, we have the pleasure of spotlighting author Jamis Buck, who has written Mazes for Prog...
#author-spotlight/ruby/book-the-ray-tracer-challenge/book-mazes-for-programmers
21 6352 9
New
PragmaticBookshelf
General Dev>Learning Resources

A Common-Sense Guide to Data Structures and Algorithms in Python, Volume 1
Big O Notation can make your code faster by orders of magnitude. Get the hands-on info you need to master data structures and algorithms ...
pragprog.com
#pragprog/python#published-book/book-a-common-sense-guide-to-data-structures-and-algorithms-in-python-volume-1
24 5988 11
New
sir.laksmana_wenk
Game Dev>Questions

I want to learn how make a game, but where should I start?
I’m able to do the “artistic” part of game-development; character designing/modeling, music, environment modeling, etc. However, I don’t...
#game-dev
15 4965 9
New
PragmaticBookshelf
Backend>Learning Resources

Agile Web Development with Rails 8
Get the comprehensive, insider information you need for Rails 8 with the new edition of this award-winning classic. Sam Ruby @rubys ...
pragprog.com
#pragprog#web-development/ruby/rails#published-book/book-agile-web-development-with-rails-8
12 7404 7
New
PragmaticBookshelf
Backend>Learning Resources

Ash Framework
Explore the power of Ash Framework by modeling and building the domain for a real-world web application. Rebecca Le @sevenseacat and ...
pragprog.com
#pragprog/elixir#published-book/ash/book-ash-framework
15 7555 9
New
PragmaticBookshelf
Backend>Learning Resources

Risk-First Software Development, Second Edition
As digital systems increasingly run the world, mastery of the recurring patterns of software development risk is the key to fast and effe...
pragprog.com
#pragprog#published-book/book-risk-first-software-development-second-edition
12 4217 8
New
CommunityNews
Game Dev>In The News

Grand Theft Auto: Vice City | DOS games in browser
Open-source implementation of the classic GTA engine now running directly in your browser. Experience the reVC technology demo on DOS.Zon...
dos.zone
#games#browser
0 173 0
New
Back to top

Sponsor Spotlight

Linux New Media

Publishing Linux Magazine, ADMIN, and MakerSpace for 25+ years.

Blockchain

Other Fields Blockchain ❯

Latest on Devtalk

Devtalk ❯

We ❤️ helpful members!

We reward our most helpful members via our MOTM scheme - by giving away a whopping 25 books per year!

Member of the Month

Devtalk Sponsors

Pragmatic Bookshelf

Practical resources that improve the lives of professional developers.

Erlang Solutions

We build trusted fault-tolerant systems that scale to billions of users.

Honeybadger

Real-time error tracking, performance insights, and observability for devs.

EEF

Supporting innovation across the BEAM ecosystem.

coders51

We build reliable cloud platforms for business-critical systems.

Manning Publications

Develop your skills with books, videos, and courses.

AppSignal

Catch errors, track performance, monitor hosts and more.

WyeWorks

Enabling companies to succeed by building software people love.

Pragmatic Studio

Courses that move you from confusion to "Aha, now I get it!"

Linux New Media

Publishing Linux Magazine, ADMIN, and MakerSpace for 25+ years.

View all our sponsors ❯

Categories:

Sub Categories:

Popular Portals

Devtalk Sponsors

Pragmatic Bookshelf

Practical resources that improve the lives of professional developers.

Erlang Solutions

We build trusted fault-tolerant systems that scale to billions of users.

Honeybadger

Real-time error tracking, performance insights, and observability for devs.

EEF

Supporting innovation across the BEAM ecosystem.

coders51

We build reliable cloud platforms for business-critical systems.

Manning Publications

Develop your skills with books, videos, and courses.

AppSignal

Catch errors, track performance, monitor hosts and more.

WyeWorks

Enabling companies to succeed by building software people love.

Pragmatic Studio

Courses that move you from confusion to "Aha, now I get it!"

Linux New Media

Publishing Linux Magazine, ADMIN, and MakerSpace for 25+ years.

View all our sponsors ❯

We're in Beta

About us Mission Statement See our Roadmap