October 14, 2025

Bitcoin Push by El Salvador


                                       Syllabus: Context: El salvador became the first sovereign nation to make a cryptocurrency legal tender. Introduction: The law pushed by its 39-year-old president, nayib bukele, passed with 62 out of 84 votes. It mandates that bitcoinshould now be accepted as a valid payment by all establishments, except those that do not have the technical wherewithal to do so. This puts the digital currency that does not answer to any government monetary policies on the same footing as the country’s primary currency, the united states dollar. Why el salvador opted for us dollar?....Read More

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