El Salvador
Survey: Most Salvadorans Skeptical of Bitcoin as Legal Tender
JPMorgan is casting doubt on El Salvador adopting bitcoin as its legal tender, saying there is widespread skepticism and hesitancy in the country regarding bitcoin as a medium of exchange in a new survey. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
El Salvador’s Bitcoin Adoption Is ‘Trendsetting,’ Says Voyager Digital CEO
Voyager Digital CEO Steve Ehrlich responds to claims that El Salvador’s bitcoin adoption is not significant. “Being the first country to accept [bitcoin] as legal tender is trendsetting,” he said, adding “it will be a model for what others do.”
Jim Rogers: El Salvador’s Bitcoin Adoption ‘Unlikely’ to Trigger Domino Effect
International investor Jim Rogers says “it’s unlikely” to the potential domino effect of El Salvador adopting bitcoin as legal tender around the world. “El Salvador has rarely, if ever, been a trendsetter that the world follows,” Rogers said.
Maaaring Harapin ng El Salvador ang 'Limitasyon' sa Paggamit ng Bitcoin bilang Medium of Exchange: JPMorgan
Itinuturo ng bangko ang pagiging illiquid ng bitcoin, pagkasumpungin at panganib sa conversion ng dolyar ng U.S. bilang mga pangunahing limitasyon para sa paggamit nito bilang legal na tender.
Survey: El Salvadorans Wary of Bitcoin as Legal Tender
A new survey reveals that most of El Salvador's population is skeptical about bitcoin as a standard currency. "The Hash" hosts discuss the swift adoption and potential adverse side effects. "Bukele and his government did it so fast that people didn't have enough time to understand what was going on," co-host Danny Nelson. "They haven't done much to sell why this is useful."
Iminumungkahi ng Survey ang Karamihan sa mga Salvadoran ay Nag-iingat sa Bitcoin bilang Legal Tender
Ang poll, na kumuha ng mga resulta mula sa 1,233 katao sa pagitan ng Hulyo 1 at Hulyo 4, ay nagpakita din na 46% ang "walang alam" tungkol sa Bitcoin.
US Diplomat Voices Hope for Resolution in IMF, El Salvador Financing Tensions: Report
Si Victoria Nuland, U.S. undersecretary for political affairs, ay nakipagpulong kay Pangulong Nayib Bukele noong Miyerkules.
3 Key Things That Happened in Crypto This Week
CoinDesk’s Christie Harkin breaks down this past week’s stories making waves in the crypto markets, including Andreessen Horowitz (a16z) raising $2.2 billion for its third crypto venture fund, El Salvador’s Bitcoin Law in effect beginning in September, and John McAfee’s sudden death, controversial life and legacy.
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).
