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Bitcoin rallies 13% jumping above $37,000 after El Salvador passes law to adopt it as legal tender

Bitcoin rallies 13% jumping above $37,000 after El Salvador passes law to adopt it as legal tender

6/10/2021 6:55:00 AM

Bitcoin rallies 13% jumping above $37,000 after El Salvador passes law to adopt it as legal tender

On Wednesday, lawmakers in El Salvador passed a law that made bitcoin legal tender, making it the first country in the world to do so.

.The cryptocurrency was trading at $37,176.44 at around 11:42 p.m. ET, up 13% from the previous 24 hours, according to CoinDesk data.On Wednesday, lawmakers in the Central American country passed a law that made bitcoin legal tender. Among other things, it means prices can now be shown in bitcoin and tax contributions can be paid with the digital currency.

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Bitcoin proponents, who have, welcomed El Salvador's moves.The country hasto build the country's modern financial infrastructure using bitcoin technology. Read more: CNBC »

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nayibbukele nayibbukele Hey! Join Strike and earn $5 when you sign up and verify your account using my referral code DKTDWI: nayibbukele conFEGsepuede FEGelsalvador pupusasdeFEG nayibbukele Ya well this aged poorly nayibbukele Yeah then it dropped back to 35k a day later. Bitcoin is not stable and you can lose a lot more than you gain if you’re in the 70% of Salvadoreans who don’t have a bank account

nayibbukele jokowi Indonesia should follow El Salvador by utilising stranded renewable energy for bitcoin mining which can help solve current account deficit issues, adopt btc for wider financial inclusion, btc can protect citizens from inflation and attract investments in blockchain nayibbukele In the meantime, $Nano community is opening hundreds of free nano distribution spots in El Salvador, with WeNanoApp, so the citizens can try it’s technology and decide for their own if they want to use it or not, before they commit large sums of their own money. 💙

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El Salvador becomes first country to adopt bitcoin as legal tender after passing lawLawmakers in the Central American country's Congress voted by a 'supermajority' in favor of the Bitcoin Law. tweet_stamp stamp Bwahaha Japan did it in 2017, El Salvador is the 2⁰ country to adopt Bitcoin as legal tender.

nayibbukele El jokador nayibbukele Sorry, I will move to El Salvador soon nayibbukele Glückwunsch nayibbukele TRX TRON 🚀🚀🚀🚀 nayibbukele This is the easiest part, first of all you should start to build your access to internet infrastructure, in El Salvador just 30% of population has access to internet, I don’t want to think 🤔 how many of this people know how to use a crypto wallet……

nayibbukele In El Salvador, it is now possible to engage in environmentally friendly mining. Cool!!! It didn't rally bc of El Salvador. BTCs movements are not solely driven by Bid vs Ask. This jump was expected, just as the drop starting later today is expected. nayibbukele Bitcoin use may continue to spread in Central and South America - which would be more than enough to counter loco Elon’s flip flop tweets

Rich people control all this marketing. Poor ppl and middle class never get rich and pay more taxes! Don’t dream cos ur dream never come true in reality !

El Salvador is one step closer to making bitcoin legal tender after proposing new lawIf approved by the legislative body, El Salvador would become the first nation in the world to give the bitcoin the status of legal tender. nice hair el salvador has chosen freedom for its people. tic tac rest of the world

nayibbukele It's so funny how the media ties things together to make a story! Drugs or Mafia gang, maybe they are behind on this decision but will finish them, they will use them to steal online or make money laundering on Drugs scandal worldwide and hide their funds to El Salvador If every country do the same it will reach beyond $100000

nayibbukele You are very smart and Mr. Dung. Your country will attract hundreds of trillions of dollars from crypto. Your country will quickly become a rich power. Congratulations! He like DogeCoin $100k While you hodl your favorite crypto. Don't forget to buy some gold!!! The new coroglobal app is used to exchange, send, and save gold & dollars easily, instantly, securely and (DLT) to run its payment app.

Some people don’t understand that Salvadoriens were already using BTC. Govt just legalised tender and supports now. They’ve been using Lightning network for quick (no fees) payments/conversions. And 70% don’t have bank but all have phones. Don’t be ignorant! bitcoin legal tender - SWITZERLAND next z

You welcome mofos!! President Nayib bukele & his clans bought Bitcoin at 32k, bailed his country to hype it to 37k! What a dodgy scam! Bitcoin is nothing more than a casino token for greed, money laundering & crime. He’s made Bitcoin legal to launder billions to abroad nayibbukele Ouuuu!!!! 🤣

El Salvador becomes first country to adopt bitcoin as legal tenderJUST IN: El Salvador becomes the first country to adopt bitcoin as legal tender after lawmakers voted by a “supermajority.' Bitcoin is good for criminals because it is untraceable and easy to transfer The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of micheal33590 I've been earning $ 23k weekly I've never regretted this decision. 🙏🏻🙏🏻 Who cares what your third cousin on your mothers side is up to

工业革命以来的再一次重大改革。比特币(网络黄金),莱特币(网络白银),以太坊(革命性区块链操作系统、协议)。狗狗币将是未来的世界货币。 nayibbukele Let’s hope neighbouring countries will follow this historical event. MiguelICarlos Why does lamestream media always make headlines like these things are correlated? nayibbukele Indonesia should also accept $FEG as their legal tender.

Bitcoin separates the stinkers from the thinkers nayibbukele bUt It'S a SmAlL cOuNtRy.... nayibbukele When will big pump bitcoin nayibbukele Yay!!! Yes!! nayibbukele Pues claro, este es el pequeño dubai, el país de las maravillas de nayibbukele

El Salvador Makes History As World’s First Country To Make Bitcoin 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 Scary History created, others will follow. Since only the president, his family, friends and entourage can have them, what a great idea. Is it not the poorest country in the world with the highest per capita murders!? Lol. Sure everyone that is corrupt in El Salvador is thrilled with the policy

nayibbukele Buy and hold Bitcoin, it is the future. Or you will be left behind! Wating it to drop at 30k below🤣🤣am very bullish that it will drop soon 5 out of 10 people in El Salvador live below poverty and have trouble finding running water and food. Explain where Bitcoin comes in for currency Bitcoin Freedom bidenisnotmypresident

Whole world should make Bitcoin a currency and use it as one world currency. Y yo sin criptomomedas en mi wallet...😂😂😂 nayibbukele RT PODRIAMOS APOYAR A ESTA HUMILDE Y LINDA SEÑORA SALVADOREÑA viendo sus videos en YouTube, son recetas de cocina caseras podrían verla y apoyarla siendo su audiencia , apoyo please 🙏🙏

nayibbukele Con temor?Pero por temor nos tuvieron en opresion y nos dejamos sumergir a lo mas bajo Muerte, Saqueo y delincuencia. Tenemos que romper esas cadenas de acondicionamiento mental.Y con libertad mental y finaciera cada uno de nosotros girara su propio futuro. Embrace the B 🌋🌞🌱 Bitcoin is pumping today 😍 $YUMMY will follow soon as it's still a low MC with huge potential. YUMMYCRYPTO BSC BSCGems yummy yummycoin

El Salvador is the first country to adopt bitcoin as legal tender El Salvador has become the first country to adopt bitcoin as legal tender. Why not .. their currency is worthless. God Bless El Salvador YourAnonCentral OpCanary keep note. Right cause anybody in El Salvador can afford the $40000 per coin.

nayibbukele We are all Bitcoin ! 'News' hanya pemanis buatan 🤏🕶️😊 nayibbukele Felicidades Presidente que movida más inteligente y mucha gente ni tiene idea de la magnitud de esta decisión. Mi pregunta es si se tiene bitcoin en cualquier Exchange viviendo en El Salvador al fin de año se pagaría taxes o impuestos.

nayibbukele Nice photo of a shiny silver Bitcoin... nayibbukele nayibbukele Especulación $SOS nayibbukele Because of your BTC adoption, I'm up 20% from the Bitcoin that I bought at the lowest dip and recovered 40% of my floating losses. El Salvador indeed! nayibbukele The title shouldn't mention Bitcoin's price action. It's just a rounding error and it won't stop here. Just focus on the news itself and it's implications. Thanks.

nayibbukele A lot of Warren supporters here Bitcoin

El Salvador makes Bitcoin legal tenderSAN SALVADOR, El Salvador (AP) — El Salvador ’s Legislative Assembly has approved legislation making the cryptocurrency Bitcoin legal tender in the country, the first country to do so, just days after President Nayib Bukele made the proposal at a Bitcoin conference. Good Many African central and south American Nations shall follow. This is what I feared. Cannot have one currency throughout the world, makes it too easy for crazy people to think they can take over everything. The dollar won’t last another decade as the worlds “reserve currency”.

nayibbukele nayibbukele Yay! In other words, El Salvador blasted Bitcoin short sellers with volcanic 🔥 fire👍👍👍 nayibbukele Let’s hope your neighbouring countries will follow your historical step. Nonsense, Saylor is Giga Chadding with that borrowed $1.02B. Doing his best to annoy elonmusk 🥧 How stupid is this?

nayibbukele shib coin Ready to shift El Salvador 🇸🇻 nayibbukele BTC THE MOONNN 🚀 I suspect this will ensure A LOT of money laundering will pass through El Salvador now. How closely will the feds be watching all that?

Bitcoin Litecoin Crypto elonmusk wil_sv2 See, it's no time to celebrate, it's an experiment. I'm longing this to turn to be the best.