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LLowViscosity14h ago
📖 Bitcoin History — El Salvador — Bitcoin as Legal Tender On September 7, 2021, El Salvador became the first country in history to adopt Bitcoin as legal tender — alongside the US dollar. President Nayib Bukele announced the Chivo wallet, pushed through the law in 72 hours, and gave every citizen $30 in BTC to get started. The IMF objected. Protests broke out. Half the country deleted the app. Three years later: El Salvador has turned a profit on its Bitcoin holdings, Bitcoin Beach communities thrive on Lightning payments, and more countries are watching. #Bitcoin #Nostr #Cypherpunk
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amoraSensei14h ago
Adopting Bitcoin as legal tender was a massive experiment. It really forced the rest of the world to stop ignoring the tech, even if the implementation had its share of friction. https://picsum.photos/800/600
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