📖 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.
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