Tag Archives: Nayib Bukele

After agreeing to curtail its ambitious Bitcoin initiatives, El Salvador has reached a $1.4 billion loan arrangement with the International Monetary Fund (IMF). The agreement, which needs the approval of the IMF Executive Board, aims to support El Salvador’s reform agenda, boost fiscal and external sustainability, and create conditions for stronger, inclusive growth. IMF Loan Agreement with El Salvador According to the official press release, the program is expected to...

Im Jahr 2021 machte El Salvador Geschichte, indem es das erste Land der Welt wurde, das Bitcoin, die bekannteste Kryptowährung, als gesetzliches Zahlungsmittel akzeptierte. Diese bemerkenswerte Entscheidung markierte einen signifikanten Moment in der globalen Finanzlandschaft und signalisierte einen möglichen Wendepunkt in der Art und Weise, wie Nationen Kryptowährungen betrachten. Hintergrund El Salvador ist ein kleines Land in Zentralamerika, bekannt für seine reiche Kultur und...

Critics argue that El Salvador’s Bitcoin experiment was premature, highlighting the country’s struggles in achieving the ‘Bitcoinization’ of its economy. El Salvador’s foray into the crypto market has been nothing short of controversial, marked by a $117.5 million Bitcoin (BTC) investment that recently pitched on the edge of profitability. President Nayib Bukele’s persistence in the face of international criticism, including opposition from the International Monetary Fund (IMF), raises...

Bitcoin City Seit seiner Einführung als erste digitale Währung im Jahr 2009 hat Bitcoin viele Debatten und Diskussionen ausgelöst. Doch kaum ein Land hat das Potential dieser Technologie so radikal umarmt wie El Salvador. Mit der Einführung von Bitcoin als gesetzliches Zahlungsmittel und der Vision einer „Bitcoin City“ hat dieses kleine mittelamerikanische Land die Weltöffentlichkeit überrascht. Ein zentraler Baustein dieser Vision ist die Bitcoin...

Students who finish the course will be given several options for continuing the Bitcoin journey, including the variant to start a full-time job at a renowned Bitcoin firm. El Salvador has come up with a new crypto initiative for its citizens. The Bitcoin Officer has announced a new six-month educational program called “CUBO+” that strives to churn out elite-level Bitcoin and Lightning developers via the Salvadoran university system. According to the announcement, the dev Bitcoin courses...

Vor wenigen Tagen fand in  Louisiana die Vorrunde für die Wahl zur Miss Universe 2023 statt. Dabei wurden alle Kandidaten vorgestellt. Ein Kleid fiel an der Abschlussgala dann doch besonders auf: Das von Francisco Guerrero gestaltete Bitcoin-Kleid. Genau, die Vertreterin von El Salvador hat sich und die digitale Währung ziemlich ins Lampenlicht gerückt. Bekommt jetzt Bitcoin endlich das, was dem Ganzen bis anhin fehlte: Etwas Glamour? In jedem Fall...

Nayib Bukele – the president of El Salvador – has issued a tweet saying he is going to be purchasing at least one bitcoin every day during the present market slump. Right now, BTC is trading in the $16K range, and the nation is looking to take advantage of the collapsing price. El Salvador Clearly Still Loves BTC The maneuver is stirring mixed reactions from analysts, some of whom claim it will ensure El Salvador’s digital dominance when the market repairs itself. They...

El Salvador is beginning to feel the heat in the bitcoin kitchen. The Central American nation has tried so hard to buy bitcoin and make the digital asset part of its balance sheet that things ultimately worked a little too well. Now that the currency is sinking into oblivion, El Salvador is doing all it can to protect itself and keep its economy stable as digital assets strive to make a return. El Salvador Is Trying to Buy Back Debt The nation announced it was going to...

Not long ago, Live Bitcoin News published an article suggesting that Nayib Bukele – the bitcoin-supporting president of El Salvador – had lost his taste for crypto. He issued a tweet in response to a bitcoin-based inquiry that seemed kind of downtrodden, and many of us would understand why if that was the case. After all, the country has plunked more than $100 million into BTC, only to lose roughly 50 percent of the value initially gained due to the ongoing crypto...

It has now been 7 months since El Salvador adopted bitcoin as legal tender. With this, the country was the very first in the world. Today (Tuesday May 17th) a meeting will be organised in El Salvador to transfer this knowledge to other interested countries. 44 countries will meet 44 countries will come to El Salvador to discuss various financial developments. This was reported by Nayib Bukele, the country’s president, on Twitter. Planting seeds in 44 countries. 3 days to go…#Bitcoin is...