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Did El Salvador benefit from making Bitcoin a legal tender? 

The Startup Magazine

El Salvador was the first country to make Bitcoin a legal tender, which could inspire many other nations worldwide. El Salvador adopted Bitcoin as a legal tender in September 2021, and Nayib Bukele, the president of the country, was the man behind this idea. Are you ready to discover these facts?

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A Conversation with 2020 Presidential Candidate Andrew Yang

View from Seed

One in five prime working age American men has not worked in the last twelve months, and our labor force participation rate is down to 62.9%, the same levels as El Salvador the Dominican Republic. But at this point, our government is so backward, dysfunctional and unresponsive that it’s not even on the agenda.

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Programmable Currency is coming

Start Up Blog

The loss of control of any of these elements can lead to destabilisation of a Government. Any government in the world that moves to a non-sovereign currency (Like El Salvador has making Bitcoin its national currency), will lose control of its economy. China is clearly intent on having a firm grip on all three.