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2021-09-07

I think it's a bad idea. Too volatile as a daily currency

El Salvador buys first 200 bitcoins ahead of legal adoption

SAN SALVADOR, Sept 6 (Reuters) - El Salvador has bought its first 200 bitcoins, President Nayib Buke

El Salvador buys first 200 bitcoins ahead of legal adoption

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Too volatile as a daily currency","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/817276248","repostId":2165333904,"repostType":4,"repost":{"id":"2165333904","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630962144,"share":"https://www.laohu8.com/m/news/2165333904?lang=&edition=full","pubTime":"2021-09-07 05:02","market":"fut","language":"en","title":"El Salvador buys first 200 bitcoins ahead of legal adoption","url":"https://stock-news.laohu8.com/highlight/detail?id=2165333904","media":"Reuters","summary":"SAN SALVADOR, Sept 6 (Reuters) - El Salvador has bought its first 200 bitcoins, President Nayib Buke","content":"<p>SAN SALVADOR, Sept 6 (Reuters) - El Salvador has bought its first 200 bitcoins, President Nayib Bukele said on Monday, <a href=\"https://laohu8.com/S/AONE.U\">one</a> day before the country formally adopts the cryptocurrency as legal tender.</p>\n<p>\"Our brokers will be buying a lot more as the deadline approaches,\" Bukele said on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>.</p>\n<p>El Salvador is due to legalize bitcoin on Sept. 7, a move that the popular Bukele said will save Salvadorans living abroad millions of dollars in commissions on money they send home.</p>\n<p>But polls show Salvadorans are skeptical about using bitcoin, wary of the volatility of the cryptocurrency that critics say could increase regulatory and financial risks for financial institutions.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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