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El Salvador to Make Bitcoin a Legal Tender

President Nayib Bukele says Bitcoin will make it easier for Salvadorans living abroad to send payments home.El Salvador’s economy relies heavily on remittances, or money sent home from abroad, which make up around 20% of the country’s gross domestic product,More than two million Salvadorans live outside the country, but they continue to keep close ties to their place of birth, sending back more than $4bn every year. If his plan is backed by congress, the Central American country would be first in the world to formally adopt the digital currency.Do you think that this is just one step in global legalization of Bitcoin

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