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El Salvador’s Bitcoin Wallet Could Disrupt Traditional Remittance Market
By / September 9, 2021

“Any [company] that charges fees for any type of payment is going to be impacted by bitcoin,” Validus Power Corp’s Greg Foss said.

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El Salvador Buys 550 Bitcoins, Officially Adopts the Crypto as Legal Tender
By / September 7, 2021

El Salvador President Nayib Bukele said he plans to spend more than $225 million for the country’s adoption of bitcoin.

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JPMorgan Says Bitcoin Will ‘Pose Risks’ to El Salvadorian Economy
By / July 12, 2021

But one fund manager that spoke to Blockworks says the U.S. dollar is the bigger threat.

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Market Players: World Bank’s ‘Environmental Concerns’ for El Salvador’s Bitcoin Pursuit is ‘Lazy Excuse’
By / June 18, 2021

“People don’t realize that (El Salvadorians) need this and can actually use bitcoin to better themselves,” Carlos Betancourt, co-founding principal of BKCoin Capital, said during an interview with Blockworks.

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Digital Currency Group Helps Fund Latest Coinme $10M Round
By / June 18, 2021

The company has raised a cumulative $30 million in funding since inception and its CEO said they might consider future funding rounds later this year.

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Crypto: Are We All Nuts or Onto Something?
By / June 17, 2021

With bitcoin’s capped supply at 21 million as well as Ethereum’s EIP-1559 expected to go live next month, which will evolve Ethereum as a deflationary asset, I believe the writing is on the wall when it comes to what will hold value over the coming decade.

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El Salvador Approves Bitcoin as Legal Tender in “Supermajority”
By / June 9, 2021

The “Bitcoin Law” has been approved four days after El Salvador’s President Nayib Buekele announced plans to send a law to legislation to make bitcoin legal tender, making it the first country in the world to formally adopt the cryptocurrency.

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El Salvador to Become First Nation With Bitcoin as Legal Tender
By / June 5, 2021

“In order to mitigate the negative impact from central banks, it becomes necessary to authorize the circulation of a digital currency with the supply that cannot be controlled by any central bank,” said El Salvador President Nayib Bukele via video at Bitcoin 2021.

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