Bitcoin as a legal tender in Republic of El Salvador

The Legislative Assembly of El Salvador on Wednesday voted in favor of the bill, which is considered a legal way of Bitcoin payments, a settlement of communication exercise with the Republic of El Salvador. Bitcoin law for businesses at Congress of Salvador 62 out of 84 votes. This move makes El Salvador The World's First Cryptocurrency Country with the bitcoin payment system. The president of El Salvador is now specifying a source of geothermal energy for bitcoin mining from volcanoes that can be brought into the country. The energy would be cheap, 100% clean, 100% renewable.

 

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