All The Eyes Of The World Are On El Salvador – Bitcoin Did This
Today is a big day for El Salvador, and the whole world has its eyes set on this nation. Bitcoin is the one to “blame” for this. Tomorrow, for the first time in history, all the eyes of the world will be on El Salvador.#...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Today is a big day for El Salvador, and the whole world has its eyes set on this nation. Bitcoin is the one to “blame” for this.
Tomorrow, for the first time in history, all the eyes of the world will be on El Salvador.#Bitcoin did this.#BTC🌎🇸🇻 https://t.co/h3zO2COYmb
— Nayib Bukele 🇸🇻 (@nayibbukele) September 6, 2021
Bitcoin Magazine also noted that “The world is about to change forever as today is the last day on planet Earth where #bitcoin won’t be legal tender somewhere.”
Someone said: “We’ll no longer be seen as a 3rd. World Country, but as Tech Friendly Nation. The best is yet to come. Thumbs up.”
Not everyone is this happy and excited in the country, with a lot of voices saying that they don’t want or need BTC as a currency.
Someone said: “I can understand your first thoughts, but try Bitcoin and you will quickly understand that this will be an unbelievable progress, for all of us in the world, el salvador is only front running us.”
The mass adoption of Bitcoin and crypto has been one of the main goals that the crypto industry set.
President @nayibbukele just announced that El Salvador has bought another 200 bitcoin.
The country now holds 400 bitcoin in total or more than $20 million in the digital currency.
— Pomp 🌪 (@APompliano) September 6, 2021
There have been a lot of important moves out there that have been leading the crypto space on the right path, and they continue.
It’s been just revealed that Twitter is making waves in the crypto community after teasing a plan to integrate Bitcoin.
Twitter’s product lead, Kayvon Beykpour, recently said that the company is focused on bringing Bitcoin’s Lightning Network to the social media platform.
— Kayvon Beykpour (@kayvz) September 1, 2021
The online publication the Daily Hodl notes recently that the Lightning Network, developed by software developer Lightning Labs, offers a potential scaling solution for Bitcoin.
The post All The Eyes Of The World Are On El Salvador – Bitcoin Did This first appeared on CryptoGazette - Cryptocurrency News.Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Ledger Opens 24/7 Tokenized Stocks to Millions With xStocks Integration
Key Takeaways: Ledger and a new partnership with Payward have brought xStocks to the Ledger wallet ecosystem. Eligible Ledger hold...
EU faces September 30 clock to decide future of DeFi loans
The European Banking Authority has asked the European Commission to examine new MiCA rules for crypto firms that connect customers...
Kalshi Says XRP Price Can Hit $1.70 in September
Kalshi’s September XRP market is flashing a $1.70 forecast, yet the $1.70 contract trades at just 32 cents with XRP near $1.55 and...
Feds Charge Vietnamese National in $16M Pig Butchering Crypto Scheme
A Vietnamese national has been charged with laundering money from a sprawling “pig butchering” cryptocurrency scam that U.S. feder...
Crypto Is Losing Two Top Washington Voices as Mersinger and Peirce Set Their Exits
The CEO of the crypto industry’s Blockchain Association and the SEC commissioner who leads the agency’s Crypto Task Force both mad...
Crypto Investors Can Now Buy Into Cathie Wood’s Fund Holding SpaceX, OpenAI and Kalshi
Cathie Wood’s ARK Invest and tokenization firm Securitize announced on Sept. 24 that they have tokenized the ARK Venture Fund (ARK...