The government of El Salvador passed a bill in parliament to approve Bitcoin as legal tender in El Salvador. There were 20,000+ people listening to El Salvador’s President in real-time on Twitter as he addresses the nation. In every sentence, he was dropping bombs including using geothermal power for mining Bitcoin "Our energy cost is extremely cheap"
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During the hearing today it was mentioned "We will issue Residence to anyone that invests over 3 bitcoin into the nation’s economy" There won't any capital gains tax on BitcoinNow get this!! Under the Cornell law school legal information defections (which is licensed and regulated activity in all 50 states of the USA)
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Soooooooo “IF” Japan and El Salvador enter into a trade agreement that includes Bitcoin as a medium of exchange, then the United States must recognize Bitcoin as legal tender! $ , $ .
Eyes on El Salvador!
Bitcoin Charts, page-732
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