Tag: BITCOIN

Bitcoin will soon be an official currency in El Salvador

Filed in Cryptocurrency by on June 10, 2021 0 Comments
Bitcoin will soon be an official currency in El Salvador

El Salvador has passed a resolution making Bitcoin a legal tender, making it the first country in the world to do so (via The Guardian). Citizens will be able to use Bitcoin for everything from paying taxes and obligations to purchasing products and services, according to the law. President Nayib Bukele championed the idea, claiming […]

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Elon Musk and Bitcoin miners say they want to address crypto’s sustainability problem

Filed in Cryptocurrency by on May 25, 2021 0 Comments
Elon Musk and Bitcoin miners say they want to address crypto’s sustainability problem

BITCOIN: MicroStrategy CEO Michael Saylor announced on Monday that, following a weekend meeting with Tesla CEO Elon Musk and “leading Bitcoin miners in North America,” the group has agreed to form a Bitcoin Mining Council to “promote energy usage transparency [and] accelerate sustainability initiatives worldwide.” Earlier in the day, Musk tweeted that the group had […]

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