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Over 50,000 jailed in El Salvador war on gangs

Aug 18, 2022 -

AFP – Aug. 18 - The war against the gangs of the president of El Salvador, Nayib Bukele, exceeds 50,000 detainees in less than six months, while his g ....

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BBCNEWS BBC News June 4, 2024 12:48:00

But gilberto, like many people we spoke to, rarely uses bitcoin in chivo, preferring the stability of the digital dollar option. and surveys suggest usage of the app is waning and that salvadorans are confused about this technology. there s also a feeling that, if people do accept a worry about the volatility. the price of bitcoin goes up and down so fast, people are scared to accept it. the government has spent at least $200 million encouraging people to use bitcoin through chivo, and president bukele has spent almost $100 million buying bitcoin, celebrating each purchase with a tweet. the coins have plummeted in value, thanks to recent crypto crashes. ....

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BBCNEWS BBC News June 4, 2024 12:49:00

The government says it s confident in its long term plan. in fact, president bukele is doubling down bitcoin. he s planning to build a state of the art city shrine to cryptocurrency, but the project is months behind schedule and has not yet been paid for. i m joined now by kate baucherel, cryptocurrency expert and author. thank you for being with us. does this show you it has been a bit of a disaster in el salvador, investing so heavily in bitcoin? i disaster in el salvador, investing so heavily in bitcoin? disaster in el salvador, investing so heavily in bitcoin? i don t think so. the intentions so heavily in bitcoin? i don t think so. the intentions behind - so heavily in bitcoin? i don t think so. the intentions behind it - so heavily in bitcoin? i don t think so. the intentions behind it havel so. the intentions behind it have ....

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El Salvador's Top Crypto Investment Down to Half Its Value

Ever since El Salvador invested in Bitcoin, its value has dropped to around half of what was initially put out. ....

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El Salvador doubles down on bitcoin despite crash | Business | Economy and finance news from a German perspective | DW

Amid one of the worst crashes in bitcoin history, El Salvador's president, Nayib Bukele, doubled down on its bet, adding 500 tokens to the country's national reserves. ....

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