Understand the implications of Bitcoin's downfall in El Salvador. Learn about the failed economic bet and its impact on the country's financial stability.
  • Varyk@sh.itjust.works
    2·
    10 hours ago

    “The reform eliminated the word “currency” when referring to bitcoin, but says it is “legal tender.””

    so they haven’t abandoned Bitcoin as legal tender.

    what with Bitcoin specifically being referred to as “legal tender” in salvadoran financial law.

    it’s simply not mandated to be accepted everywhere anymore, as it was before.