El Salvador’s President Nayib Bukele Plans to Declare Bitcoin Legal Tender Next Week

El Salvador’s President Nayib Bukele Plans to Declare Bitcoin Legal Tender Next Week


At the Bitcoin 2021 conference in Miami, El Salvador’s president, Nayib Bukele, appeared via a Zoom presentation and noted that he plans to submit a bill next week that recognizes bitcoin as legal tender. Bukele revealed a partnership with the company Strike, a bitcoin payments firm launched by Jack Mallers.

Progressive President Nayib Bukele Says Bitcoin Will be Legal Tender in El Salvador El Salvador is looking to become the first country to adopt bitcoin (BTC) as legal tender, as the country’s president Nayib Bukele announced El Salvador’s BTC support at the Bitcoin 2021 conference in Miami. Bukele revealed that the country has formed a relationship with the firm Strike, a Lightning Network payments company created by Jack Mallers. Mallers explained during the conference that it will go down as the “shot heard ’round the world for bitcoin.” Mallers added: “What’s transformative here is that bitcoin is both the greatest reserve asset ever created and a superior monetary

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