Browsing Tag

Salvador

13 posts
El Salvador Is Now Over 31% Down on Its Bitcoin Bet thumbnail

El Salvador Is Now Over 31% Down on Its Bitcoin Bet

Key Takeaways El Salvador's Bitcoin investment has been hit hard due to the recent market crash. The country's Bitcoin reserves have suffered a 31% paper loss. El Salvador has spent $88.4 million on assets that are currently worth $60.3 million. Bitcoin’s recent price crash has led to a 31.8% unrealized loss for El Salvador after…
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On The Ground In El Salvador With Samson Mow And The Volcano Bitcoin Bond thumbnail

On The Ground In El Salvador With Samson Mow And The Volcano Bitcoin Bond

South America is alive and well today with the sound of new bitcoin initiatives: Rio de Janeiro taking taxes in bitcoin, Paraguay introducing new enabling legislation, Strike launching in Argentina, and El Salvador pioneering with bitcoin as its legal tender.Someone had to go first in adopting bitcoin as legal tender and introducing Bitcoin takes a…
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El Salvador tendrá un casino físico y virtual que venderá NFT thumbnail

El Salvador tendrá un casino físico y virtual que venderá NFT

Hechos clave: El nuevo casino físico y virtual será creado por el gobierno y Astro Babies. Los NFT se almacenarán y comercializarán en la red Solana. El Salvador se muda al metaverso con su primer casino virtual en donde se podra comprar y vender NFT (tokens no fungibles), un proyecto que también tendrá su sucursal…
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El Salvador is down $12 million on its Bitcoin buys thumbnail

El Salvador is down $12 million on its Bitcoin buys

Bitcoin › El Salvador › InvestmentsA poor run of form may put off other nation-states from joining El Salvador in legalizing Bitcoin as tender. Samuel Wan • Jan. 15, 2022 at 1:00 pm UTC • 2 min readWith the ongoing market slump, El Salvador is holding significant losses on its Bitcoin investments.Its buying process and…
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El Salvador Prepares Legislation for First Bitcoin Bond thumbnail

El Salvador Prepares Legislation for First Bitcoin Bond

Key Takeaways El Salvador will send roughly 20 laws to Congress in preparation for launching a Bitcoin bond, the Minister of Finance has confirmed to local news. The country is planning to issue $1 billion in Bitcoin bonds to fund its previously announced "Bitcoin City" plans. One proposal is to grant residency to Bitcoin holders…
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Salvador Dali's Creative Secret Is Backed by Science thumbnail

Salvador Dali’s Creative Secret Is Backed by Science

Salvador Dali in bed. Credit: Bettmann/Getty ImagesThe painter described falling into the briefest of slumbers to refresh his mind. Now scientists have shown the method is effective at inducing creativity.Salvador Dali had a peculiar way of refreshing his mind—something he called “slumber with a key.” In his 1948 book 50 Secrets of Magic Craftsmanship, he described…
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