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
From MiCA to GENIUS: Why Crypto's Next Regulatory Test Is Cross-Border Coordination
The central debate in digital asset policy used to be whether to regulate at all. That question is now settled. MiCA's transitiona...
Polymarket CLARITY Act Odds Crashed From 82% to Under 20%, Does September 15 Save the Bill?
Polymarket CLARITY Act odds being signed into law this year fell below 20% early this week. The decline followed months of uncerta...
Tether Says KPMG Signed Off on Its 2025 Books, Closing Out a Promise That Dated to 2017
Tether said Thursday it completed its first full financial statement audit, with KPMG U.S. issuing an unqualified opinion on the 2...
SEC Cancels Friday Meeting to Propose Regulation Crypto, Innovation Exemption Also Facing Delays
The U.S. Securities and Exchange Commission called off the open meeting at which it planned to propose Regulation Crypto, its firs...
With violent crypto home invasions surging, a data breach exposing over 10,000 Trezor owners puts physical safety on the line
On Aug. 13, Trezor said a breach at the fulfillment provider ShipMonk exposed customer data for about 13,689 hardware wallet buyer...
White House to Host Crypto Industry Execs Next Week: Report
Bitcoin Magazine White House to Host Crypto Industry Execs Next Week: Report Crypto and prediction market bigwigs are set to gathe...