Nayib Bukele
The Problem With El Salvador’s Bitcoin Law, Effective September 7
Bitcoin will become legal tender in El Salvador beginning September 7, El Salvador President Nayib Bukele announced Thursday during a national address. He added every citizen will be gifted $30 via an e-wallet, once they verify their identities. Frances Coppola, author of "The Case for People's QE," discusses the "immense risks" of El Salvador's bitcoin currency rollout. Plus, why she thinks dai (DAI) is a bigger concern than tether (USDT).
El Salvador's Bitcoin Law Effective September, E-Wallets to Get $30 Worth of Crypto
President Nayib Bukele made the announcement during a national address on Thursday.
Article 7 and Bitcoin’s Latin American Coup
El Salvador's Bitcoin Law will make BTC a compulsory currency and create costs for everyday taxpayers – hardly an advancement for freedom or free money.
Bukele’s Bitcoin Blunder for El Salvador
Preached as a way to support an underbanked population, bitcoin will increase fees and risks for Salvadorans.
‘Bitcoin Ambassadors’ Meet With President of El Salvador
Peter McCormack, host of the "What Bitcoin Did" podcast, shares his advice and warnings for the President of El Salvador Nayib Bukele as the country seeks support for its bitcoin adoption.
Volcano-Powered Bitcoin Mining Goes From Twitter Idea to State Policy in El Salvador
President Nayib Bukele is moving on multiple fronts to make El Salvador an unlikely bitcoin mecca.
El Salvador Legislature Indicates Favor Toward President's Bitcoin Bill
The government would also create a trust that would enable the “instantaneous convertibility of bitcoin to dollars,” the bill said.
El Salvador Adopts Bitcoin: Hype or History in the Making?
What does it mean for a country like El Salvador to adopt bitcoin as "legal tender"? It depends on whom you ask, says our columnist.
Bitcoin’s 'Authoritarian Hipster'
El Salvador's Nayib Bukele has built a career by courting the vulnerable while attacking the establishment. Now he wants bitcoin as legal tender.