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via Bitcoin Magazine · By Bitcoin Magazine Editorial
Five Years On, El Salvador Is Still Buying Bitcoin
BTC
BTC/USDT
$79,670.03
-1.83%
$79,670.03
-1.83%
(24s)24h Volume
$17,761,298,219.19
24h H/L
$81,423.03 / $78,660.00
Change: $2,763.03 (3.51%)
Long/Short
52.6%
Long: 52.6%Short: 47.4%
Funding Rate
-0.0009%
Shorts pay
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BM
Bitcoin Magazine Editorial(03:32 PM UTC)
1 min read
Five years ago yesterday, El Salvador’s Congress voted 62-to-22 to pass the world’s first Bitcoin Law, making the small Central American nation the first country on earth to grant bitcoin legal tender status.
The date was June 8, 2021. Half a decade later, the government holds 7,677 BTC worth approximately $480 million — and it is still accumulating.
The country has run a dollar-cost…
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