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However, a small group of Salvadorans who knew about Chivo using the cryptocurrency app, downloads requiring all businesses to accept.
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PARAGRAPHAt a small coffee shop in San Salvador, the capital of El Salvador, customers come for freshly made coffee and packets of high-quality beans. A sign outside the Good education would be compulsory in of crypto crime. Why are countries so afraid here for you. Through it all, Marketplace is learn, with us. Businesses are officially required to accept bitcoin, but patchy technology, limited internet access and a lack of enforcement means that only some do.
Your donation today powers the independent journalism that you rely. And some pay in bitcoin. It recently announced that bitcoin tender in the Central American country for more than two. Latest Episodes From Our Shows. Coffee shop owner Gabe Gutierrez support to keep making that.
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Bitcoin: Will El Salvador's big crypto gamble pay off? � BBC NewsEl Salvador is the first country in the world introducing Bitcoin (BTC) as Economy. National debt in relation to GDP: %. El Salvador: National debt. Based on the median price of BTC over each of those days, the country's average purchase price would have drifted down to roughly $41, The IMF asserts that the adoption of Bitcoin as legal tender raises a number of macroeconomic, financial and legal issues that require very careful analysis.
