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Gang Violence Surging as Crypto Crashes in Bitcoin Country

Bitcoin’s precipitous fall has occurred at the same time as rising violence in El Salvador, the country that adopted BTC as legal tender under its blockchain-loving president. As Politico reports, Salvadoran President Nayib Bukele was unable to attend April’s big crypto conference in Miami because of gang violence that led to the largest single-day murder rate […] дальше »

2022-5-14 23:15


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El Salvador Authorities Greenlight $150 Million Bitcoin Integration Fund

Salvadoran lawmakers have approved a bill aimed at setting up a $150 million fund that would facilitate the country’s bitcoin (BTC) integration project. A total of 64 Salvadoran Congressmen voted in favor of the bill while 14 members opposed it, according to a Reuters report on August 31, 2021. El Salvador Sets Aside $150 mIllionRead More дальше »

2021-9-1 19:00


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El Salvador Progresses With Volcano-Powered Bitcoin Mining Plan

The El Salvadoran government seems to be pushing ahead with its plans for bitcoin mining in the country, which would see the use of geothermal energy to power BTC mining activities in the country.  Geothermal Energy for Bitcoin Mining Still in Place El Salvador President Nayib Bukele in a tweet on Wednesday (June 23, 2021),Read More дальше »

2021-6-23 17:00


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Economist Steve Hanke Warns Salvadoran Bitcoin Adoption Could ‘Completely Collapse the Economy’

The professor of applied economics at Johns Hopkins University, Steve Hanke, has recently been criticizing bitcoin adoption taking place in El Salvador. Hanke doesn’t think it’s a good idea for the Latin American country to use bitcoin as legal tender and says it could “completely collapse the economy. дальше »

2021-6-21 20:00