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Jul 11, 2021

[Answer] What country became the first in the world to adopt Bitcoin as legal tender?

Step 1 : Introduction to the question "What country became the first in the world to adopt Bitcoin as legal tender?"



...El Salvador became the first country in the world to adopt bitcoin as legal tender after Congress approved President Nayib Bukele’s proposal to embrace the cryptocurrency last month. "It will bring financial inclusion, investment, tourism, innovation, and economic development for our country," Bukele said in a tweet before the vote. Under the law, bitcoin must be accepted by companies when offered as payment for goods and services. "If you go to a McDonald's or whatever, they cannot say we're not going to take your bitcoin, they have to take it by law because it's a legal tender," Bukele said.




Step 2 : Answer to the question "What country became the first in the world to adopt Bitcoin as legal tender?"



El Salvador:


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