In early September this year, El Salvador became the first country in the world to include Bitcoin as legal tender, with over $225 million invested to increase the government’s stockpile to 550 Bitcoins, launching a project designed to solidify the country as a world leader in cryptocurrency. The El Salvadoran President had another bright idea; to create a state-owned Bitcoin mining operation using geothermal energy, which is now a reality.
El Salvador becomes first country to adopt Bitcoin as official currency
El Salvador has become the first country in the world to adopt Bitcoin as an official currency that can be used to purchase goods and services.