Skip to content
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
Video player cover image
What Happens if Bitcoin Crosses $50,000?

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.