• Welcome To BuySell Bitcoin Blog
Friday, January 27, 2023
-18 °c
Sell Bitcoin in Nigeria | Buy Bitcoin in Nigeria | Buy and sell Bitcoin in Nigeria | Best place to buy and sell Bitcoin in Nigeria | Best site to buy and sell Bitcoin in Nigeria
  • Bitcoin
  • Bitcoin Guide
  • Start Up
    • Start Up Technology
  • Crypto Market Cap
No Result
View All Result
Advertisement
  • Bitcoin
  • Bitcoin Guide
  • Start Up
    • Start Up Technology
  • Crypto Market Cap
No Result
View All Result
Sell Bitcoin in Nigeria | Buy Bitcoin in Nigeria | Buy and sell Bitcoin in Nigeria | Best place to buy and sell Bitcoin in Nigeria | Best site to buy and sell Bitcoin in Nigeria
No Result
View All Result
Home Uncategorized

Protests In El Salvador Against Bitcoin As Legal Tender

TopYouGo DMA by TopYouGo DMA
1 year ago
in Uncategorized
0
0
Protests In El Salvador Against Bitcoin As Legal Tender
0
SHARES
73
VIEWS
ShareTweetSend

Just but a week ago the south American nation El Salvador adopted bitcoin as legal
tender along side it’s local currency, the capitol San Salvador has witnessed
demonstrators gathered on the 200th anniversary of the country’s independence to
protest against the adoption of bitcoin as legal tender saying it will bring
instability and a hike in inflation to the country.

The roll out of bitcoin in El Salvador was far from what the President Nayib Bukele
would have envisaged when he began his bold experiment. At first the price of
bitcoin took a dip on it’s first day as legal tender in El Salvador, falling about 20% at
some point.

RelatedPosts

Why Consider Bitcoin A Hedge Against Inflation?

Cryptocurrency Adoption In Nigeria

Buy and Sell Bitcoins in Nigeria Instantly and Securely

Pros and cons of cryptocurrencies

Also the he clearly do not have full support of the citizens as Salvadorans has shown
their detest and anger towards the idea of cryptocurrency as a legal tender despite
the government giving Salvadorans bitcoin worth $30 each to encourage it’s
adoption.

However, El Salvador’s president Nayib Bukele claims that cryptocurrency would
help boost the country’s economy as it will help increase remittance back home by
Salvadorans working abroad even though the protesters do not agree with this as
some protesters set fire to bitcoin machine, saying that bitcoin will cause instability to
the economy and may fuel illicit transactions.





Home: Buy and sell bitcoin in Nigeria on Exchangeindeed, Nairadirect, Paxful and Nairaload

ShareTweetSend
Previous Post

P2P Cryptocurrency Exchange, The Best Way To Exchange Altcoins

Next Post

Bitcoin A True Representative of The Future

Related Posts

a hedge against inflation

Why Consider Bitcoin A Hedge Against Inflation?

December 20, 2021
cryptocurrency adoption in Nigeria

Cryptocurrency Adoption In Nigeria

December 8, 2021
buy and sell bitcoins in Nigeria

Buy and Sell Bitcoins in Nigeria Instantly and Securely

November 29, 2021
Pros and cons of cryptocurrencies

Pros and cons of cryptocurrencies

November 16, 2021
Cryptocurrency Volatility

Cryptocurrency Volatility – Good or Bad?

November 12, 2021
Central Bank Digital Currency

Central Bank Digital Currency And Its Impact On Cryptocurrency

October 28, 2021
Next Post
Bitcoin A True Representative of The Future?

Bitcoin A True Representative of The Future

Best site to sell bitcoin in Nigeria

Best site to sell bitcoin in Nigeria

Bitcoin a perfect hedge against inflation

Bitcoin A Perfect Hedge Against Inflation?

Discussion about this post

  • Trending
  • Comments
  • Latest
Trading Bitcoin in Nigeria

How to trade bitcoin in Nigeria

July 15, 2021
Trending Cryptocurrencies and Bitcoin in Nigeria

Trending Cryptocurrencies and Bitcoin in Nigeria

May 6, 2021
Bitcoin Wallet in Nigeria

Which bitcoin wallet is the best in Nigeria?

June 16, 2021
Buy Sell Bitcoin

How Long Should I Hold Bitcoin and Other Cryptocurrency?

June 21, 2021
The Future of Bitcoin in Nigeria

Crypto Currency Ban and The Future of Bitcoin in Nigeria

0
Bitcoin Wallet in Nigeria

Which bitcoin wallet is the best in Nigeria?

0
Bitcoin exchange platform

what’s the best platform for bitcoin exchange in Nigeria?

0
How To Buy And Sell Bitcoin In Nigeria

How To Buy And Sell Bitcoin In Nigeria

0
a hedge against inflation

Why Consider Bitcoin A Hedge Against Inflation?

December 20, 2021
cryptocurrency adoption in Nigeria

Cryptocurrency Adoption In Nigeria

December 8, 2021
buy and sell bitcoins in Nigeria

Buy and Sell Bitcoins in Nigeria Instantly and Securely

November 29, 2021
Pros and cons of cryptocurrencies

Pros and cons of cryptocurrencies

November 16, 2021

Currency Converter

Currency Converter
Sell Bitcoin in Nigeria | Buy Bitcoin in Nigeria | Buy and sell Bitcoin in Nigeria | Best place to buy and sell Bitcoin in Nigeria | Best site to buy and sell Bitcoin in Nigeria

© 2020 BuySell Bitcoin Blog.

Navigate Site

  • Contact Us
  • Privacy Policies
  • Terms & Conditions

Follow Us

No Result
View All Result
  • Bitcoin
  • Bitcoin Guide
  • Start Up
    • Start Up Technology
  • Crypto Market Cap

© 2020 BuySell Bitcoin Blog.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$22,937.00-0.71%
  • ethereumEthereum(ETH)$1,575.07-2.34%
  • usd-coinUSD Coin(USDC)$1.00-0.21%
  • rippleXRP(XRP)$0.407590-1.43%
  • dogecoinDogecoin(DOGE)$0.085795-0.50%
  • litecoinLitecoin(LTC)$87.31-1.83%
  • ethereum-classicEthereum Classic(ETC)$21.61-2.05%
  • bitcoin-cashBitcoin Cash(BCH)$135.172.52%
  • BitTorrentBitTorrent(BTT)$0.002657-0.14%
  • zcashZcash(ZEC)$45.781.12%
  • bitcoin-goldBitcoin Gold(BTG)$17.20-8.98%
  • bitcoin-diamondBitcoin Diamond(BCD)$1.56-3.99%
  • digibyteDigiByte(DGB)$0.010821-2.49%
  • dentDent(DENT)$0.00079938.37%