The president of El Salvador just confirmed that the United States Government and the IMF have contacted him about making Bitcoin legal tender!

He’s in the Nic Carter Twitter chat room right now!!! And they’re about to pass the bill any minute!!

Will update, developing story….

Edit 1: 100% chance it will pass they have 64 out of 84 votes

Edit 2: Bill will go into full effect in 90 days

Edit 3: “Every business must accept Bitcoin” – President

Edit 4: “we want people to get familiar with bitcoin as a unit of account, 1 bitcoin=1 bitcoin” (in order to establish residency, need to invest 3 bitcoins into El Salvador, regardless of US dollar value)

Edit 5: The president is meeting with IMF on Thursday.

Edit 6: “We adopted the dollar in 2001 for investment reasons, we’re doing that on steroids with Bitcoin”

submitted by /u/fraqaq
[link] [comments]

Leave a Reply

Your email address will not be published. Required fields are marked *