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Explained: What is Hyperbitcoinisation that El Salvador has likely set out to achieve
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After becoming the first country in the world to adopt bitcoin as a legal tender in September this year, El Salvador is now said to be charting out the path to hyperbitcoinisation. The El Salvador President Nayib Bukele also announced a plan to build an oceanside 'Bitcoin City'.Over the weekend, it announced tie-ups with Ifinex, which runs trading platform Bitfinex, and blockchain technology company Blockstream.
Read more on cnbctv18.comAbout this in other media
Expert calls El Salvador’s Bitcoin volcano bonds, ‘Michael Saylor playbook for a country’ ambcrypto.com /3 years ago
El Salvador celebrates Black Friday, buys 100 BTC for 20% off cointelegraph.com /3 years ago
Bitcoin too volatile to be adopted as legal tender, says BoE chief cointelegraph.com /3 years ago
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