2024-02-03
El Salvador is short on cash. Extreme poverty has doubled, hunger is up and in 2022 the country's debt hit a 30-year record. They need a quick cash injection and an IMF deal could help... but Bukele's bitcoin dreams could be a sticking point https://www.reuters.com/...
Reuters
Nayib Bukele doubles down on BTC despite El Salvador's economic woes and IMF asking for BTC's removal as legal tender; 88% of citizens didn't use BTC in 2023
who is Nayib Bukele? Crypto Daily : El Salvador To Continue With Bitcoin-Backed Bonds, Says Vice President X: @reuters : Bitcoin will remain legal tender in El Salvador during the ...
El Salvador has a liquidity problem. State coffers are running low. Public debt is up. The state is in talks with the IMF for a $1 billion deal, but bitcoin is a sticking point. Bukele's VP told @AmndreRenteria the country will be doubling down on bitcoin https://www.reuters.com/...
Reuters
Nayib Bukele doubles down on BTC despite El Salvador's economic woes and IMF asking for BTC's removal as legal tender; 88% of citizens didn't use BTC in 2023
who is Nayib Bukele? Crypto Daily : El Salvador To Continue With Bitcoin-Backed Bonds, Says Vice President X: @reuters : Bitcoin will remain legal tender in El Salvador during the ...
2022-11-05
Bukele said a pet hospital would be built with Bitcoin profit, but El Salvador has lost some $53 million in its $106 million investment. Meanwhile in one public hospital, heavy rains flood the ER while doctors say they don't have laundry service. https://www.bloomberg.com/...
Bloomberg
El Salvador's Bitcoin “revolution” is failing miserably and behind the debacle are crypto evangelists from wealthier countries who cheered on President Bukele
ing rich down here!” https://twitter.com/... Tonya Garcia / @tgarcianyc : This story is unbelievable. “He doesn't behave as the president of an in-debt and poor country.” https://w...
2022-03-16
“A DJ played techno and pop songs, including a cryptocurrency-themed version of “Despacito,” the lyrics “Tengo que bailar contigo hoy” (I have to dance with you today) replaced with “Tengo que comprar un bitcoin hoy” (I have to buy a bitcoin today)” https://twitter.com/...
Rest of World
Six months after El Salvador adopted bitcoin as legal tender, dozens of citizens, economists, and developers detail cracks in the country's crypto revolution
Rest of World :