el salvador

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Four years into a frenzied experiment in Bitcoin, El Salvador is still waiting for the promised crypto dream to come true.

An Entire Country Switched Over to Bitcoin and It’s Turned Into a Disaster

According to economist John Hawkins, El Salvador's grand crypto experiment, led by Crypto Commander in Chief President Nayib Bukele, has been a disaster.

Economist: El Salvador’s Year With Bitcoin Currency Has Been “Spectacular Failure”

By Maggie Harrison Dupré

The value of Bitcoin is dropping precipitously, while gang violence is on the rise in El Salvador, a country that adopted Bitcoin as legal tender.

Gang Violence Surging as Crypto Crashes in Bitcoin Country

By Noor Al-Sibai

Six months ago, El Salvador made Bitcoin legal tender and began requiring all businesses take it — and according to actual Salvadorans, it's apparently been a disaster.

El Salvador’s Bitcoin Gamble Has Become a Complete Mess

By Noor Al-Sibai

Months after El Salvador announced that it would accept bitcoin as legal tender, the country has found itself on the verge of economic collapse yet again.

An Entire Country Switched to Bitcoin and Now Its Economy Is Floundering

By Tony Ho Tran

El Salvador's president Nayib Bukele has announced the country's plans to build the world's first fully bitcoin bonds-backed "Bitcoin City."

El Salvador President Announces “Bitcoin City” Tax Haven

By Victor Tangermann

El Salvador has officially begun to mine Bitcoin using the power harnessed from a volcano — and has made 0.00599179 bitcoin, or about $269.

El Salvador Officially Starts Mining Bitcoin Using Power From an Actual Volcano

By Victor Tangermann

Thanks to a recent dip in the value of Bitcoin, president Nayib Bukele is looking to cash in and announced he "bought the dip."

In Response to Dip, El Salvador Buys a Bunch More Bitcoin

By Victor Tangermann

El Salvador is now the first country to accept Bitcoin as legal tender, and Edward Snowden predicts that many more will soon follow.

Edward Snowden Predicts Massive Bitcoin Adoption by Governments

By Dan Robitzski

After making Bitcoin legal tender, president Nayib Bukele wants to use volcano-based geothermal energy to mine the cryptocurrency.

New Facility Will Use Volcano to Power Bitcoin Mining Operation

By Victor Tangermann

Satoshi Nakamoto, the pseudonymous identity masking Bitcoin's creator or creators, has enough of the crypto to be the world's 19th richest person.

This Country Plans to Be the First to Accept Bitcoin as Legal Tender

By Tony Ho Tran