Society
El Salvador could start paying workers in Bitcoin
The move follows its approval of crypto as an official currency. If successful, it could spearhead a global shift in how we think about money.
The move follows its approval of crypto as an official currency. If successful, it could spearhead a global shift in how we think about money.
The Central American nation continues to take the world by surprise. President Nayib Bukele has announced an eco-friendly alternative to mining Bitcoin using electricity, instead choosing one of its 20 active volcanoes to do the job.
The Central American nation has become the first in the world to approve the cryptocurrency – a move that could benefit more than a million low-income families there, according to President Nayib Bukele.