El Salvador now has a second national currency alongside the US dollar — bitcoin. Thus, since the autumn of 2008, in just under 13 years, bitcoin has grown from a project posted by an anonymous person for open discussion into a currency equal to the dollar. Although, so far, only in one country.
Now the world should wait for El Salvador to implement something like Estonian e-residency: then anyone wishing to do so will be able to remotely open a business in El Salvador and conduct completely official settlements in Salvadoran currency, because Salvadoran laws will mandate it.
To mark this giant step in bitcoin adoption, discounts have been announced: some lucky individuals managed to buy in today at a price of around 43 thousand US dollars per bitcoin. But it is still not too late: at the time of this post’s publication, bitcoin costs only 47 thousand dollars.
