El Salvador to build an ocean side ‘Bitcoin City”
Bitcoin has been legal tender in El Salvador alongside the U.S. dollar since Sept. 7.
Bitcoin has been legal tender in El Salvador alongside the U.S. dollar since Sept. 7.
As crypto doesn’t derive its value from any underlying assets or earnings, the authorities find it unsettling.
Anand Mahindra took to Twitter to dismiss all the reports of him investing in cryptocurrencies along with a few screenshots of news reports stating that he earns millions every day through crypto investments.
Research has also shown that this demand for crypto and blockchain will continue to grow in the next few years, with the blockchain technology market size estimated to grow exponentially from US$3 billion in 2020 to US$39.7 billion in 2025.