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John McAfee tributes, El Salvador’s bold plans, altcoin fears: Hodler’s Digest, June 20–26
26.6.2021
Athena Bitcoin to Install 1,500 Bitcoin ATMs in El Salvador as BTC Becomes Legal Tender
25.6.2021
Bitcoin ATM operator Athena Bitcoin has unveiled its plan to install 1,500 bitcoin ATMs in El Salvador. Initially, the company will install dozens of machines as a test. El Salvador President Nayib Bukele wants 1,500 bitcoin ATMs installed and Athena Bitcoin said, “we will go for that, but...
Free Bitcoin: El Salvador Giving Away $30 in BTC to Everyone Using Government Wallet
25.6.2021
El Salvador President Nayib Bukele has announced a bitcoin giveaway to promote the cryptocurrency’s use as legal tender in the economy and to give people an incentive to use the government’s official wallet application. $30 in Free Bitcoin The president of El Salvador, Nayib Bukele...
El Salvador to airdrop $30 in Bitcoin to every adult citizen
25.6.2021
Every Salvadoran adult who downloads the government’s Bitcoin wallet app will be eligible for an airdrop of $30 worth of BTC
Athena confirms plans to bring 1500 Bitcoin ATMs to El Salvador
25.6.2021
Accessing BTC is about to get a lot easier in El Salvador with the crypto ATM rollout
Binance NFT Marketplace Launches With Artwork From Dali, Warhol and ‘100 Creators’
24.6.2021
Cryptocurrency exchange Binance launched its NFT marketplace on Thursday. The platform allows users, including artists, creators, and crypto enthusiasts, to mint and trade non-fungible tokens (NFTs). It employs Binance’s blockchain infrastructure and features various forms of digital artwork...
Chainbytes Bringing Bitcoin ATMs to El Salvador, Launching Manufacturing Hub
24.6.2021
Bitcoin ATM provider Chainbytes is setting up a bitcoin ATM manufacturing hub in El Salvador. The move follows the country passing a bill making bitcoin legal tender. The company plans to make El Salvador “the manufacturing hub of bitcoin ATMs for all of the Americas.” Bitcoin ATMs...
Salvadoran Representative Introduces Lawsuit Against the Bitcoin Tender Law for Being Unconstitutional
22.6.2021
Jaime Guevara, a Salvadoran representative, presented a lawsuit against the recently approved bitcoin tender law today. Guevara alleges the law is unconstitutional and brings a series of changes that will cause problems for Salvadorans. Some people suspect Bukele’s regime is behind...
Powers On... El Salvador is the unlikely leader for sovereign adoption of Bitcoin as national currency
22.6.2021
The question is not whether Bitcoin will be the future of money; the question is how, where and when it will be the future of money
Opposition poses constitutional challenge to El Salvador's Bitcoin law
22.6.2021
A political party in El Salvador has filed a lawsuit alleging President Bukele’s new Bitcoin law could be unconstitutional and harmful to the country
El Salvador adopting Bitcoin could make it lose market dominance
21.6.2021
The Salvadoran experiment is the shot heard round the world for the mainstream adoption of decentralized digital currencies as money
Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin
21.6.2021
Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin law as an example. El Salvador recently passed a bill making bitcoin legal tender in the country. Billionaire Oleg Deripaska is the founder...
Paraguayan Lawmaker to Present Bitcoin Legislation Next Month — Aims to Make Paraguay Global Crypto Hub
20.6.2021
A pro-bitcoin congressman in Paraguay says he will present bitcoin legislation in congress next month with the aim to make Paraguay a hub for cryptocurrency investors worldwide. His efforts follow El Salvador passing a bill making bitcoin legal tender. Paraguay Wants to Be Global Hub for Crypto...
Economist Steve Hanke Warns Salvadoran Bitcoin Adoption Could ‘Completely Collapse the Economy’
20.6.2021
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...
Bitcoin under threat, El Salvador rejected, Mark Cuban stung, McAfee ‘has nothing’: Hodler’s Digest, June 13–19
19.6.2021
Camarasal Poll Shows Entrepreneurs Are Worried About Bitcoin Law in El Salvador
18.6.2021
Camarasal, a well known entrepreneur association in El Salvador, announced the results of a poll made this month. The poll shows almost 100% of Salvadorans worry about the implementation of the bitcoin tender law approved recently. Most criticize the obligatory character of receiving bitcoin...
Shanghai Man: Economist says El Salvador 'on road to death', salaries paid in e-CNY ...
18.6.2021
Former banking heads question foreign financial policies, workers paid with digital yuan in milestone pilot and a large Series A is closed by DeFi platform SynFutures
Bitcoin Salaries a No-go, Confirms El Salvador as Adoption Worries Rise
17.6.2021
El Salvador’s President Nayib Bukele’s plans to launch a bitcoin (BTC)-powered society could be hampered by internal concerns about the most popular cryptocurrency – with the government apparently bowing to public pressure and ruling out the notion of bitcoin salaries.
As reported yesterday,...
World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues
17.6.2021
The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason. World Bank Won’t Help El Salvador With Bitcoin Law The World Bank said...
An asset for all classes: What to expect from Bitcoin as a legal tender
17.6.2021
New tech that reduces costs of international payments would “be a boon for poor countries that rely on remittances” — but will BTC as legal tender fix that?