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BBCNEWS El Salvadors Big Bitcoin Gamble July 7, 2024



hello this is bbc news. the headlines. a bad night for president macron. he looks set to lose his overall majority in the french parliament the far left and the far right have made gains. rail bosses have confirmed that talks to try to avoid this week s strike action will continue with union leaders tomorrow. after the uk s promise of more heavy weapons to ukraine the new head of the british army says troops should be prepared to fight russia in europe. communities in finsbury park gather to mark five years since the terror attack in which a van was driven into worshippers outside a mosque. and swimming s world governing body votes to effectively ban transgender competitors like american lia thomas from taking part in women s races. now on bbc news. joe tidy reports on president nayib bukele s bitcoin plans in el salvador, with investment of more than $300 million of public money and plans to build a bitcoin city . el salvador is the only country in the world whe ....

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BBCNEWS El Salvadors Big Bitcoin Gamble July 7, 2024



now on bbc news, joe tidy reports from el salvador on the president s bitcoin plans, with investment of more than $300 million of public money and plans to build a bitcoin city . el salvador is the only country in the world where you can buy almost anything with bitcoin. buenos dias. si, caballero. last september, the country s cryptocurrency loving president took the unprecedented decision to make bitcoin legal tender. this will generate jobs and help provide financial inclusion to thousands outside the formal economy. around the world, the move is being criticised by the financial establishment and celebrated by crypto fans. so we are following developments closely. and now el salvador is leading the way, you know? we re proud. but are the people here embracing bitcoin? is el salvador s big bitcoin gamble paying off? el salvador s bitcoin journey started here in el zonte, with a weird and mysterious origin story. in 2019, an anonymous donor gave this small fishing ....

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BBCNEWS El Salvadors Big Bitcoin Gamble June 4, 2024 20:49:00

In fact, the bukele government is doubling down on bitcoin. what i was going to present to you.bitcoin city. cheering. he s hoping to raise the money for the state of the art city by selling a billion dollars of so called volcano bonds, named after a key part of the plan to build the city at the foot of a volcano. he hopes to harness geothermal energy to not only power the city, but also, a huge bitcoin mining industry. this is the country s largest state run geothermal power plant, and tucked away in the back is a small bitcoin mine. ....

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BBCNEWS El Salvadors Big Bitcoin Gamble June 4, 2024 20:48:00

In fact, the bukele government is doubling down on bitcoin. what i was going to present to you.bitcoin city. cheering. he s hoping to raise the money for the state of the art city by selling a billion dollars of so called volcano bonds, named after a key part of the plan to build the city at the foot of a volcano. he hopes to harness geothermal energy to not only power the city, but also a huge bitcoin mining industry. this is the country s largest state run geothermal power plant, and tucked away in the back is a small bitcoin mine. ....

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CNN New Day With John Berman and Brianna Keilar June 4, 2024 12:08:00

Happen? translator: it is very painful for me to see this. very painful and sad because for eight years we were trying to develop mariupol as a showcase for ukrainian donbas for restored donbas since the 2014 attempts to take it. and it was blossoming, it was turning into a modern city, we were developing it as a modern state of the art city to fulfill people s dreams as we imagined. we had a strategy for the city development to make this a showcase. and i feel as if my heart has been torn out. my life, my family, we lived there, this was our life, and for me, and tens of thousands of mariupol residents, it is extremely painful to see so many dead and the city destroyed. the u.s. is sending another big weapons shipment to ukraine. $800 million, heavy artillery. ....

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