El Salvador President Confirms The Country Bought 200 Bitcoin

2021-9-9 00:05

El Salvador President Nayib Bukele confirms on Twitter that the country and bought 200 BTC and plans to buy more.

The day before bitcoin is officially declared legal tender in El Salvador, the president announces that the country has bought 200 BTC and they plan on buying “a lot more.”

With this announcement, El Salvador officially becomes the first country in the world to put bitcoin on their balance sheet and hold it in their reserves. This historic moment comes just about three months after the government had voted on a bill to declare bitcoin as legal tender, which was ultimately signed into law. But will officially take effect after 90 days on September 7th, 2021.

A country adding bitcoin to their reserves is making a solid bet on the future of the country. With there only being 21 million BTC, they are now saving and growing that wealth in a money that no government or central bank can print more of. With the ever increasing demand for bitcoin and the decreasing supply, the President has figured out that Bitcoin is the best vehicle to start storing the country’s wealth in as it has a unbelievable amount of upside.

Game theory is in full swing as El Salvador is adopting a Bitcoin standard begging the question of who will be the next country to buy BTC? We’ve seen lots of interest coming from countries like Panama, Colombia, Brazil, and more. Countries have now entered a race to accumulate as much bitcoin as they can — or get left behind. It will be very interesting to see who buys second and third, creating a domino effect until all countries have bought some.

The worlds eyes are all on Bitcoin and El Salvador. The world is changing. Kids growing up today won’t remember a world without Bitcoin. We are heading into a bright orange future.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

President Trump (PRES) на Currencies.ru

$ 0.0091201 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 10.05 %
Cегодня L: $0.0091201 - H: $0.0091201
Капитализация $0 Rank 99999
Доступно / Всего 0 PRES

200 country bought president salvador confirms btc

Источник: bitcoinmagazine.com

200 country → Результатов: 55


Estonia Revokes License of Over 500 Crypto Companies to Curb Money Laundering

European Union member Estonia is now cracking down on cryptocurrency firms to attack money laundering in the country. Estonia has been in the spotlight for Europe’s biggest money-laundering scandal, about €200 billion were laundered from Denmark’s biggest financial institution Danske Bank’s Estonian branch from 2007-2015.

2020-6-12 18:07


Фото:

Austria: Crypto Firms Face €200K Fine Under New AML Directive

Crypto businesses in Austria can be fined up to 200,000 EUR (above $221,000) starting from tomorrow, if they do not operate under the country’s new licensing requirements. Austria’s FMA Calls Crypto Firms to be Counted Austria, one of the more liberal countries when it comes to crypto trading, will require all operators within the country to register with the Financial Markets Authority (FMA).

2020-1-9 20:00


Estonian Authorities Leak Over 200 Email Addresses From Crypto Trading Companies

The authorities from Estonia have leaked the email addresses of over 200 crypto trading firms during a recent data breach. The Estonian Police and Board Guard recently started a plan to follow anti-money laundering activities in the country, so it emailed several companies in the country with questions that should be answered. This email’s recipients […]

2019-11-27 00:40


$2 Bln (200,000 BTC) Lost In Mt. Gox Bitcoin Hack Can Be Recovered For A 75% Fee Claims Russian Law Firm

Prominent law firm from Russia Zheleznikov and Partners claims that a proposed legal action in the country can recover the funds lost in the Mt. Gox hack. They claim that they can recover an estimated 170,000 to 200,000 Bitcoins from the Russian parties who received the stolen tokens. The value of these tokens will touch […]

2019-9-13 19:56


Фото:

‘Bullish For Bitcoin’: China Bank Bailouts Spark ‘Biggest Credit Bubble In History’

Bitcoin could possible gain from economic uncertainty in China as one source describes the country’s third major bank bailout of 2019 as the world’s “biggest credit bubble. ” China Bailouts: 3 Banks, $390 Billion Taking statistics from various sources, the Twitter cryptocurrency trader and commentator known as CryptoArbitrage noted that last week’s bailout of Heng Feng bank was the third involving assets over $200 billion.

2019-8-15 15:34


No, Bulgaria Did Not HODL Bitcoin Worth $1.6B, Finance Minister Claimed

The curious case of Bulgaria’s alleged hoard of 200,000 bitcoins resurfaced again this week as sources claimed the Balkan country was HODLing cryptocurrency. Report: Bulgaria Sold All Its BTC Seemingly referencing a press release from May 2017, TrustNodes led the renewed media interest in a story about how Bulgarian authorities confiscated the BTC after taking down an unknown criminal operation.

2019-5-24 14:00


Japan’s Bitcoin Growth is Set to Explode with Nearly 200 Blockchain Firms Awaiting Crypto Licensing

The cryptocurrency space in Japan continues to grow amid a hard regulatory environment created by Japanese authorities. In general, Japan was always an open country towards digital currencies, but after a few issues in the country that affected the space, the regulatory agency of the nation imposed stricter regulations. The Japanese Financial Services Authority (FSA) […]

2019-1-12 21:26


Фото:

What Is Cryptocurrency? “Jeopardy!” Features Entire Category on Crypto

Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share.

2018-12-1 22:18


дальше еще 6 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitfinex analysts predict Bitcoin surge as Dollar Index dips

Bitfinex analysts anticipate a bullish second half for Bitcoin as the Dollar Index's decline signals potential growth for the cryptocurrency. The post Bitfinex analysts predict Bitcoin surge as Dollar Index dips appeared first on Crypto Briefing.

Animoca Brands “comes to Bitcoin” with OPAL Protocol

Animoca Brands says Bitcoin is ready for Web3. The blockchain gaming giant will collaborate with Darewise and OPAL Protocol to launch a new era for gaming, DeFi and Web3 on BTC. BLIF, a new token of the OPAL Protocol, will power the ecosystem.

WOO unveils innovation hub focused on Bitcoin’s ecosystem

WOO plans innovation hub expansion to bolster Bitcoin’s ecosystem The new initiative will focus on projects bringing Bitcoin Layer-2s, RWA, DeFi, AI and DePIN to the Bitcoin ecosystem. WOO has announced plans aimed at using its innovation hub and the WOO token to power the next growth chapter for the Bitcoin (BTC) ecosystem.