BIGGEST BITCOIN NEWS EVER!!! [Crypto News 2021]

Biggest Bitcoin news ever, BTC legal tender in a country! Crypto news 2021
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0:00 Today in Bitcoin
0:51 Bitcoin Analysis LOL
1:20 El Salvador Bill
4:10 The Bill
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Disclaimer
Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark) is not providing you individually tailored investment advice. Nor is The Crypto Lark registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. The Crypto Lark is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

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31 COMMENTS

  1. El Salvador makes Bitcoin legal tender.

    But that's just a very small country you might say.

    Well for an excellent example for cascading ramifications, I would suggest people look up the Pan-European Picnic…a small event (1989) – that ended up bringing down the entire Iron Curtain.

  2. 146 % of the population, sounds like a hit from the hopium bong 😉✌️

  3. My main issue with this is that if passed people will then have to pay sales tax and transaction fees. The average transaction fee being around 5 USD. People wont be able to run to the store real quick and buy a snack or drink at a reasonable price anymore. On top of that who is going to want to spend their bitcoin at stores? Seems kind of moronic to me.

  4. Bro. The crypto economy is just a prop for the dollar and other fiats imo. Literally an unlimited money supply created. I think these smaller countrys are basically 'test dummies' to gauge adoption and usage rollouts. Think about it: like…they KNOW fiat is bs and can not be propped up forever as is with nothing backing it. What better way to crutch that system than by creating an asset class that supplements it? I dont see crypto being inherently used as a replacement so much as an ancillary option. And, when one thinks about it, the prices of crypto have 'usd' value that people equate to the assets, so that also factors. Whatever transitions are going to take place throughout the cryptosphere will most assuredly be steered by the same controllers of world economics, I would surmise.

  5. As much as I like this move, they are not realistic about the fees and transaction delay, at least not for small payments. For cars, mortgage, and those big payments sure. For the groceries and restaurants, they should go with other alternative…

  6. yes buy buy all buy Bitcoin!!! It will mooooon (morons) EL SALVADOR NOT A COUNTRY A CRIMINAL NEWORK EL SALVADOR BE REAL MORONS !!!

  7. Bitcoin has seen massive momentum that has enabled it to erase much of the losses caused by the recent slump. This sell-off was a surrender among investors, and many clearly feared that the multi-month uptrend that led BTC to its all-time highs was over and a deep regression was imminent. Nevertheless, the bulls have now gained full control over the price development of the crypto and are now able to record a clear further upward trend in the short term. i do say it's outrightly wrong to just sit back hodl and wait to contnue incur more losses along the line, instead find away to grow up your portfolio I was able to grow my through the help of Raymond Anthony Sammak which I have made about 10 btc lately, you can reach out via tele gram raymondsam01 for more info…

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  9. The crypto manipulators are either going to have to exponentially raise the value of BTC or Satoshi himself will have to mint new coins if this type of BTC-adoption continues to increase on an international scale.

  10. Wasn’t there news of another island, country, state or nation earlier in the year that did this? Like, employees being paid in btc and everything? Just trying to compare why this story is bigger than that one.

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  12. Only thing bad about this – There is major corruption in El Salvador. I want to also add that I believe a majority of the MS13 group is centered there as well. Not saying this for purpose of FUD, but knowing how manipulative the US govt is with major hedge funds, they will most likely use this for sure as an example to hurt crypto. I would also even say they are going to most likely pull another 'hacked gas company' fake scenario to add to it. Sucks, but it is what it is….

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  14. Ethiopia is already experimenting with ADA. Makes sense since all these dollar pegged currencies are driving people into poverty with hyperinflation.

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