Bitcoin: Will El Salvador's big crypto gamble pay off?
— Week, Pay, Tender, Value, Worldwide, Salvador, Tokens, El, Gamble, Wiped, Big, Salvadors, Tumble, Crypto, Transactions, Bitcoin — 1 min read
The Central American country has poured millions of dollars into Bitcoin and made it legal tender nine months ago. The government of El Salvador has encouraged people to use it for day-to-day transactions. The crash is affecting investors worldwide, including investors worldwide. El Salvador made Bitcoin legal tender last year and has invested millions in the currency since it was made legal last year. It is the first time the Central American government has invested in Bitcoin in the past nine months. The collapse is affecting the value of Bitcoin and other crypto-currencies like Bitcoin, which have been worth billions of dollars. The price of Bitcoin has been halved this week. Source