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BBCNEWS El Salvadors Big Bitcoin Gamble July 7, 2024 - Vimarsana News

BBCNEWS El Salvadors Big Bitcoin Gamble July 7, 2024

hello this is bbc news. the headlines. a bad night for president macron. he looks set to lose his overall majority in the french parliament — the far—left and the far—right have made gains. rail bosses have confirmed that talks to try to avoid this week's strike action will continue with union leaders tomorrow. after the uk's promise of more heavy weapons to ukraine — the new head of the british army says troops should be prepared to fight russia in europe. communities in finsbury park gather to mark five years since the terror attack — in which a van was driven into worshi...

BBCNEWS El Salvadors Big Bitcoin Gamble June 4, 2024 20:46:00 - Vimarsana News

BBCNEWS El Salvadors Big Bitcoin Gamble June 4, 2024 20:46:00

The president and most of his policies are still popular here, but there are pockets of anger, like this protest in the capital, and bitcoin is one of the growing gripes.

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BBCNEWS El Salvadors Big Bitcoin Gamble June 4, 2024 20:33:00 - Vimarsana News

BBCNEWS El Salvadors Big Bitcoin Gamble June 4, 2024 20:33:00

But are the people here embracing bitcoin? is el salvador�*s big bitcoin gamble paying off? el salvador�*s bitcoin journey started here in el zonte, with a weird and mysterious origin story. in 2019, an anonymous donor gave this small fishing village a large donation of bitcoin. one of the first beneficiaries of the donations was katerina contreras.

BBCNEWS El Salvadors Big Bitcoin Gamble June 4, 2024 20:48:00 - Vimarsana News

BBCNEWS El Salvadors Big Bitcoin Gamble June 4, 2024 20:48:00

We tried to set up an interview with him, but in recent months, he's only done interviews with pro—bitcoin youtube channels. the government's tourism minister was keen to talk, though, about the benefits the country are seeing. president bukele has spent tens of millions of dollars of public money on bitcoin, and the price has gone down. is there a risk that all that money could be lost, that money could be spent on other things? do you think that there is a problem at the moment with chivo wallet users mainly being male, and mainly being young, and maybe being rich as well?

BBCNEWS El Salvadors Big Bitcoin Gamble June 4, 2024 20:38:00 - Vimarsana News

BBCNEWS El Salvadors Big Bitcoin Gamble June 4, 2024 20:38:00

Visitors — about 30% more, according to some locals. and it's notjust so—called bitcoin tourists. the legal tender move is bringing in big foreign investors, too. this clifftop land, currently a dinosaur—themed restaurant, is for sale. yeah — in bitcoin. the asking price is us$950,000, but the seller accept bitcoin. today, if you want to buy it, it's 26 bitcoin. so 40% of your property sellers are now happy to accept bitcoin. correct. and some of them, they're even