Legal Tender
Bitcoin Launch Sparks Wave of Crypto Speculation in El Salvador
- Salvadorans use government app to day trade on their phones
- Many large businesses and some smaller ones now accept Bitcoin
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Bitcoin has unleashed a wave of speculation in El Salvador since its adoption as legal tender last month.
Uber drivers, waiters and store owners are day-trading the cryptocurrency on their phones, buying dips and selling rallies with a government app that comes pre-loaded with $30 worth of Bitcoin.