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Bitcoin in El Salvador: How it Happened & What it Means!! (Ep 238)

Coin Bureau

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Bit Coin Legal Tender in El Salvador

The bill was passed to become law with nearly 75 % of politicians voting in favor, as a tribute to the message left in the first bit coin block by creator satoci nakamoto. A bit coin mining pool immortalized this historic moment on the bit coin block chain. The bit coin as legal tender law went into effect on september seventh, 90 days te the passing of the bill, as per its prescriptions. So what exactly does it say? Unlike some other bills we see floating around these days, l salvador's bit coin bill is only three pages long, and it's surprisingly straightforward. It basically explains that it's the duty of the government to, quote, promote and

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