Bitcoin of the realm: El Salvador’s experiment

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Bitcoin of the realm: El Salvador’s experimentPresident Nayib Bukele thinks obliging businesses to take the cryptocurrency will help with remittances, inclusion and foreign investment. So far, few are convinced. From after-school tutoring to endless extracurricular activities, education is an increasingly cut-throat affair; we examine the costs of these academic arms races. And Sally Rooney’s new novel and the question of what makes great contemporary fiction. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer See acast.com/privacy for privacy and opt-out information. s1moncox meistrephilipos s1moncox Wasting money and time s1moncox Which families
Source: TheEconomist - 🏆 6. / 92 Read more »

Bitcoin of the realm: El Salvador’s experimentPresident Nayib Bukele thinks obliging businesses to take the cryptocurrency will help with remittances, inclusion and foreign investment. So far, few are convinced. From after-school tutoring to endless extracurricular activities, education is an increasingly cut-throat affair; we examine the costs of these academic arms races. And Sally Rooney’s new novel and the question of what makes great contemporary fiction. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer See acast.com/privacy for privacy and opt-out information. s1moncox How to find Einstein inside you Every human has the capacity for some form of genius. You don’t have to be good with math or physics to experience genius level in your thinking
Source: TheEconomist - 🏆 6. / 92 Read more »

El Salvador buys 200 bitcoins as the digital currency becomes legal tenderEl Salvador became the first country to adopt bitcoin as a national currency on Tuesday, kicking off a radical monetary experiment that could pose risks to the fragile economy. $50k-$51k is the new resistance for Bitcoin If we can hold this range with confirmation then the 2nd half of the bull market is starting! Everyone should follow 10Ethbtc is a super underrated bitcoiner I’ve been following her tweets and tips & I’ve been doing good dadlam125 such terrible journalism 😅
Source: CNN - 🏆 4. / 95 Read more »

Factbox: Pros and cons for El Salvador, the first bitcoin nationEl Salvador will on Tuesday become the first country in the world to recognize bitcoin as legal tender, a move President Nayib Bukele says will save Salvadorans living abroad millions of dollars in commissions on money they send home. Internet shut down in haryana FarmersProstest Be serious please 🤣 Great idea but might be too early. Wondering how many of the population have BITCOIN Wallets and the country's Central Bank monetary policy. With Bitcoin volatility, they might have no control. Anyway, why not experiment and see.
Source: Reuters - 🏆 2. / 97 Read more »

El Salvador Goes On A $21 Million Crypto Buying Spree As Bitcoin Becomes Legal TenderI am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com Wow !!! Free CAR washing on Road American Private companies and Public companies are buying more than nation States $50k-$51k is the new resistance for Bitcoin If we can hold this range with confirmation then the 2nd half of the bull market is starting! rawkz_t is a super underrated bitcoiner I’ve been following her tweets and tips seriously & I’ve been doing really great Follow her
Source: Forbes - 🏆 394. / 53 Read more »

El Salvador Taps Billionaire-Backed Bitcoin Unicorn In Historic Legal Tender DebutEl Salvador is making history Tuesday by becoming the first sovereign government to use bitcoin as legal tender—and a California-based cryptocurrency unicorn is behind the technology helping to power the effort. The only country in the world actually trying to be fiscally responsible, Bitcoin cannot be printed! 🙌 Unicorn Debut (UD) goes round and round when cycling companies spring up. A sure fire rejection from government is almost guaranteed given the trait of crypto and their ultimate goal which leaves little hope for the people putting hope on them.
Source: Forbes - 🏆 394. / 53 Read more »