legaltender
Bitcoin will be adopted as legal tender in three more countries in 2022, predicts the CEO of a game-changing global financial giant. Q3 2021 hedge fund letters, conferences and more The ultra-bullish prediction from Nigel Green of deVere Group, one of the world’s largest independent financial advisory, asset management and fintech organizations, doubles down on one made on Sunday by the President of El Salvador. More Countries To Adopt Bitcoin As Legal TenderTo his 3.2 million followers, Nayib Bukele tweeted a series of predictions about Bitcoin, including “2 more countries will adopt it as le...
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Bitcoin and other cryptocurrencies are still not usable for everyday commerce and transactions. Here’s how to change that. Q3 2021 hedge fund letters, conferences and more El Salvador's Bitcoin ExperimentWhen El Salvador became the first country to adopt Bitcoin as legal tender earlier this month, it was seen as a major step in cryptocurrency going mainstream. A digital currency presents incredible potential and could enable instant, convenient and cheaper transactions, especially for the roughly 70 percent of Salvadorans who don’t have access to traditional financial services. Yet, the initia...
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El Salvador makes history tomorrow by becoming the first country in the world to make Bitcoin official legal tender – and other nations will soon follow suit, predicts the CEO of one of the world’s largest financial advisory, asset management and fintech organisations. Q2 2021 hedge fund letters, conferences and more El Salvador Makes History By Making Bitcoin A Legal TenderThe prediction from Nigel Green, chief executive and founder of deVere Group, a game-changing financial services giant, comes ahead of Tuesday’s adoption of the cryptocurrency as national currency alongside the U.S. dollar ...
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In another move to attempt to attract young, American entrepreneurs to revitalize their nation. The government of El Salvador has officially proposed legislation that would make AMC shares legal tender, by law vendors would be forced to accept AMC shares as money. Q2 2021 hedge fund letters, conferences and more Disclaimer: This is a satirical article. Citizens React To AMC Shares Becoming Legal TenderLocal citizens have mixed reactions to the change. Juanito, a tequeño salesman says he is excited to be an investor in American companies but questions the efficiency of accepting stock shares as...
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El Salvador made twitter trends, media headlines, and front-page mentions during the 2021 Bitcoin Conference when President Nayib Bukele introduced his plans and intentions to crown bitcoin as a legal tender in the country. Q1 2021 hedge fund letters, conferences and more The country had seen similar trends in its past when El Salvador replaced its native currency, the colón, with the U.S. Dollar twenty years ago. Seeing the president pushing for modern digital gold does not seem surprising. It may or may not be an equally drastic step for the country’s financial future. El Salvador officially...
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