-1.75% Bitcoin (BTC) 89524 EUR
-3.77% Ethereum (ETH) 2039.52 EUR
-3.46% Litecoin (LTC) 70.96 EUR
-3.61% B-Cash (BCH) 430.02 EUR
-2.02% Ethereum (ETH) 0.0230078 BTC
-1.73% Litecoin (LTC) 0.00080093 BTC
-2.15% B-Cash (BCH) 0.00480457 BTC
-1.69% Bitcoin (BTC) 106709.1361 USDC
-0.12% USD Coin (USDC) 0.84 EUR
-3.93% Chainlink (LINK) 11.01 EUR
-2.47% Chainlink (LINK) 0.0001228 BTC
-4.67% Dogecoin (DOGE) 0.13 EUR
-3.20% Dogecoin (DOGE) 0.00000151 BTC
-8.26% Uniswap (UNI) 5.62 EUR
-6.59% Uniswap (UNI) 0.00006292 BTC
-6.00% Cardano (ADA) 0.46 EUR
-3.88% Cardano (ADA) 0.0000052 BTC
-0.13% Tron (TRX) 0.23 EUR
+1.52% Tron (TRX) 0.00000267 BTC
-2.13% Shiba Inu (SHIB) 0.00000962 EUR
-2.56% Zcash (ZEC) 31.57 EUR
0.00% Zcash (ZEC) 0.0004242 BTC
0.00% TradeFlow (TFLOW) 0.12216892 BUSD
-4.54% Arbitrum (ARB) 0.3273 USDC
-3.82% Chainlink (LINK) 12.88 USD
-3.92% Chainlink (LINK) 12.86837 USDC
-8.24% Uniswap (UNI) 6.584 USDC
-3.73% Ondo (ONDO) 0.62 EUR
-3.32% Ondo (ONDO) 0.74428 USDC
-5.90% Gala (GALA) 0.01 EUR
-4.66% Gala (GALA) 0.01346 USDC
-5.04% Wormhole Token (W) 0.05 EUR
-4.67% Wormhole Token (W) 0.0694 USDC
-3.60% Chiliz (CHZ) 0.02 EUR
-3.56% Chiliz (CHZ) 0.03384 USDC
-4.46% Sand (SAND) 0.19 EUR
-3.77% Sand (SAND) 0.232 USDC
-5.54% Aave (AAVE) 220.63 EUR
-5.89% Aave (AAVE) 260.55 USDC
-4.24% Curve DAO (CRV) 0.42 EUR
-4.01% Curve DAO (CRV) 0.5042 USDC
-3.02% Immutable X (IMX) 0.36 EUR
-2.72% Immutable X (IMX) 0.4273 USDC
0.00% Skale (SKL) 0.07 USDC
-9.65% Beam (BEAM) 0 EUR
-8.47% Beam (BEAM) 0.00529 USDC
0.00% Axelar (AXL) 1.05 USDC
-0.85% Livepeer Token (LPT) 5.1 EUR
-0.89% Livepeer Token (LPT) 6.005 USDC
-6.21% Compound (COMP) 35.16 EUR
-6.50% Compound (COMP) 41.5 USDC
-5.60% Coti (COTI) 0.04 EUR
-4.79% Coti (COTI) 0.0496 USDC
0.00% Portal (PORTAL) 1.1 USDC
-4.50% Sushi (SUSHI) 0.49 EUR
-3.92% Sushi (SUSHI) 0.5797 USDC
-5.95% Pepe (PEPE) 0 EUR
-5.87% Pepe (PEPE) 0.0000093 USDC
-5.97% Optimism (OP) 0.45 EUR
0.00% Polygon (MATIC) 0.2 EUR
-6.21% Solana (SOL) 125.34 EUR
-4.94% Solana (SOL) 0.0013906 BTC
-3.70% Solana (SOL) 0.060841 ETH
-0.13% USD Coin (USDC) 0.72 GBP
0.00% USD Coin (USDC) 1 USDT
0.00% USD Coin (USDC) 145.58 JPY

Salvadoran Ambassador to US: Bitcoin Challenges Your Authority

11-25-2021

In September, El Salvador adopted bitcoin as legal tender, sending shock waves through the international monetary establishment. That, and other increasingly ambitious plans to put bitcoin at the center of its economy, are wagers that America’s global influence is waning.
 
“I know the concerns here in D.C. are about losing the power of the dollar and we can understand that, but El Salvador has to move on [because] it wants to be on a different level,” Mayorga said. El Salvador adopted the U.S. dollar as legal tender in 2001 after the failure of its native currency, the colón.
 
Concerns about El Salvador’s monetary experiment are widespread. On Tuesday, the International Monetary Fund (IMF) urged El Salvador to strengthen the regulation and supervision of bitcoin use in the country, noting the “significant risks” that come with the cryptocurrency.
 
El Salvador will be closely watched in 2022. Besides its recently announced “Bitcoin City,” a low-tax, legal municipality pitched as a mecca for wealthy bitcoin investors, the Central American country plans to raise $1 billion via a bitcoin bond, a tokenized financial instrument in partnership with Bitcoin infrastructure company Blockstream.
 
Although no other country has yet to follow El Salvador in putting bitcoin on equal footing as the U.S. dollar, many are beginning to think seriously about digital currencies. Neighboring Honduras and Guatemala, for instance, are both studying central bank digital currencies.
 
So far, the Biden administration has been mum about what’s happening south of the U.S. border. “We have to have the conversation, but we are an independent country, so [the U.S. has] to accept our movement and understand that we want to take ourselves to a different level and with a definitional system,” Mayorga said.

Source: Coindesk