El Salvador President Nayib Bukele took on Twitter on Sunday, January 17, responding to a warning from rating agency Moody’s. However, Moody’s has confirmed that the Central American country’s ratings remain unchanged. President Nayib Bukele Tweeted: “BREAKING: EL SALVADOR DGAF” which means “don’t give a fuck”. President Bukele was responding to a tweet from Investing.com.
El Salvador President Nayib Bukele has replied popular U.S-born Economist Steve Hanke for his recent comments about Salvador’s proposed Bitcoin City. President Nayib Bukele Mocks Popular U.S Critic On Friday, the 79-year old professor of applied economics at Johns Hopkins University had taken to his official Twitter page to comment on the Bukele-led government’s plans
Bitcoin’s price falling as much as it has in the past few days is putting pressure on El Salvador. El Salvador’s dollar-denominated bonds have been falling in free fall for the past few months. The country’s president, Nayib Bukele, hopes to change its economic reality by issuing Bitcoin denominated bonds. However, Steve Hanke, a professor
The Salvadoran President, Nayib Bukele took to Twitter yet again to reinstate Bitcoin’s dominance, however this time around he also asserted that once Bitcoin mass adoption is complete, “it’s game over for FIAT”. President Bukele has maintained a permanent slot in news headlines given his consistent Bitcoin purchases, along with absolutist pro-Bitcoin stances. In his
The Latin American country El Salvador has announced its plans to launch the world’s first ‘Bitcoin City’. Country President Nayib Bukele took the center stage at an event on Saturday, November 20. As per the announcement, Bitcoin City will be initially funded by Bitcoin bonds. Besides, the city planned to the east of the country
Salvadorans have come out in their hundreds, claiming that their IDs have been used by supposed hackers, in order to open Chivo Bitcoin wallets. As part of efforts by the Nayib Bukele-led government to ease Bitcoin adoption in the country, a $30 dollar bonus had been placed on every new wallet opened. But now according
Bitcoin ($BTC) price recorded a minor correction over the past 24-hours, falling to a daily low of $60,122. The retrace comes just days after $BTC posted a new ATH of $66,973 on Wednesday. The price correction is now being seen as an opportunity by many to stack more $BTC. Nayib Bukele, the president of El
El Salvador created history in June after the country’s congress passed the Bitcoin Bill making it a legal tender in the country. The country celebrated Bitcoin Day on September 7 as BTC was officially integrated into the country’s monetary system. President Bukele said that the decision to shift to Bitcoin was done to offer banking
El Salvador, the Central American nation created history again today after it finally integrated Bitcoin ($BTC) as legal tender in the country. The country has passed a Bitcoin law back in June and despite criticism and protest within the country, the small Latin American State has gone ahead with its plan. Nayib Bukele, the President
El Salvador, the small Central American Nation is all set to bring Bitcoin Law into effect from September 7. The Latin American country created history on June 9 after Congress approved Bitcoin as a legal tender. The bold decision was met with criticism from the likes of IMF, World Bank, and several other rating agencies.
El Salvador the first country to make Bitcoin a legal tender on June 9 is all set to airdrop bitcoin for citizens to promote its use. President Nayib Bukele in a state address announced they would be airdropping $30 worth of Bitcoin for every registered user in association with a mobile wallet service provider Chivo.
Nayib Bukele, the president of the Central American nation Salvador has hit back at the opposition leaders for creating fear among people over the recently passed Bitcoin law. The President said the Bitcoin bill was passed by congress through a democratic process and the falsehood created by some leaders in the opposition is uncalled for.