Fear and excitement in El Salvador as Bitcoin becomes legal tender

[jthompson]

From BBC News: https://www.bbc.co.uk/news/technology-58473260

El Salvador has become the first country to accept Bitcoin as legal tender in a move that has got the nation and the world debating the opportunities and dangers of cryptocurrency.

 

From today, businesses will be obliged where possible to accept the controversial digital coins as payment.

 

Millions of people are expected to download the government's new digital wallet app which gives away $30 (£22) in Bitcoin to every citizen.

 

Great. So that's about another $200,000,000 invested in the world's gangsters and scammers, then.

[mavhc]

Actual law: https://www.asamblea.gob.sv/sites/default/files/documents/dictamenes/27F0BD6F-3CEC-4F52-8287-432FB35AC475.pdf