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.
In accepting bitcoin as a legal tender, El Salvador sets itself up for several challenges as it reworks many aspects of the economy to fit the new currency.
The Central American country last week became the first country in the world to accept Bitcoin as legal tender