Financials Jun 24, 2021 01:53 AM (GMT+8) · EqualOcean
According to CNBC, for savaldo to use bitcoin as legal currency, Salvadoran President nayib bukele said: "it's very certain that it will work, not only for us, but also for human beings, because it's a leap forward for human beings." Bukle said the move would reduce El Salvador's dependence on the existing legal currency, the US dollar. There are no plans to hold bitcoin in the national reserve at the moment, although that may happen in the future. Bukle also said there was interest in building a bitcoin mining center using renewable energy from the country's volcanoes.

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