El Salvador’s bitcoin gamble draws crypto-tourists but angers locals

The adoption of cryptocurrency as legal tender by El Salvador’s government has attracted enthusiastic tourists, concern from financial institutions and scorn from locals Technology 1 March 2022 By Luke Taylor A store owner in surfing hotspot El Zonte, now known as Bitcoin Beach JOSE CABEZAS/REUTERS/Alamy “Fifty cents for a pupusa,” says Carolina Reyes, a food …

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Hundreds of Salvadorans claim money is vanishing from bitcoin accounts

El Salvador’s attempt to become the world’s first state to adopt bitcoin as legal tender hits another stumbling block as hundreds of citizens claim that funds are disappearing from their accounts Technology 23 December 2021 By Matthew Sparkes El Salvador adopted bitcoin as legal tender on 7 September Rodrigo Sura/EFE/Alamy Live Hundreds of Salvadorans claim …

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