El Salvador


Finanzen

El Salvador Buys 21 Bitcoins on 21st Day of Last Month of 21st Year of 21st Century

In announcing the purchase on Twitter, President Nayib Bukele also noted the country’s land area is 21,000 square kilometers.

El Salvador (Esaú González, Unsplash)

Layer 2

Behind the Scenes of El Salvador’s Bitcoin Bond With the Man Who Designed It

Samson Mow reveals the fast-moving process behind a radical financial experiment.

Construction workers, who are paid in Bitcoin, work on a building outside the Bitcoin Beach office in El Zonte, El Salvador, on Monday, June 14, 2021. El Salvador has become the first country to formally adopt Bitcoin as legal tender after President Nayib Bukele said congress approved his landmark proposal.

Videos

Strike CEO Jack Mallers on El Salvador’s Bitcoin Adoption

Jack Mallers, Strike CEO and a top 10 winner of CoinDesk’s Most Influential 2021, shares insights into his mission to bank the unbanked that has led him to spread bitcoin adoption across El Salvador.

CoinDesk placeholder image

Layer 2

Most Influential 2021: Jack Mallers

The CEO of Bitcoin payments app Strike helped birth El Salvador’s BTC move this year. He still sees himself as a “pleb,” not an influencer.

(“The Last Confirmation” - a collaboration between Norman & Robness/CoinDesk)

Märkte

Blame the Bitcoin Bond? El Salvador’s Dollar-Denominated Debt Slides

El Salvador’s bitcoin bond is a contributing factor to a slide in its dollar-denominated debt, but not the sole reason.

Salvador's dollar-denominated debt is trading in distressed territory. (Source: Borse Frankfurt)

Richtlinien

Universal Stablecoins, the End of Cash and CBDCs: 5 Predictions for the Future of Money

Decentralized and centralized finance will blur together, El Salvador will be a reality check, and cash and CBDCs will fade away.

(Yunha Lee/CoinDesk)

Videos

Buying the Dip? Microstrategy, El Salvador Acquire More Bitcoin

While bitcoin’s price fell about 8% Friday around $54,237, MicroStrategy said it bought 7,002 bitcoins for about $414 million in cash during its fiscal fourth quarter. Similarly, El Salvador’s President Nayib Bukele said he bought 100 more bitcoins at “a discount” as broader markets tumbled on new COVID-19 variant fear.

CoinDesk placeholder image

Videos

Bitcoin's Price Trajectory Ahead of Thanksgiving Weekend

CoinDesk's Galen Moore discusses what to make of bitcoin's price trajectory as the cryptocurrency is holding support above its 100-day moving average of $53,700. Plus, potential headwinds out of India amid talks of a bill banning cryptocurrencies in the country, and reactions to Salvadoran Ambassador to U.S. saying bitcoin challenges the U.S.' monetary authority.

Recent Videos