Bitcoin: El Salvador use of the cryptocurrency draws rich tourists but angers locals

The adoption of cryptocurrency as legal tender by El Salvador’s government has attracted enthusiastic tourists, concern from financial institutions and scorn from locals Technology 1 March 2022 By Luke Taylor A store owner in surfing hotspot El Zonte, now known as Bitcoin Beach JOSE CABEZAS/REUTERS/Alamy “Fifty cents for a pupusa,” says Carolina Reyes, a food … Read more

Bitcoin: El Salvador revamps cryptocurrency wallet after complaints of theft and fraud

The Central American country’s experimental adoption of bitcoin has been beset by problems including identity theft and missing funds. Now the system is being relaunched with a US company providing the infrastructure Technology 3 February 2022 By Matthew Sparkes A vendor holds a sign showing that bitcoin is accepted at a store in San Salvador … Read more