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KULiquidGold

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KULiquidGold

Re: KULiquidGold post# 57932

Wednesday, 06/09/2021 10:31:04 AM

Wednesday, June 09, 2021 10:31:04 AM

Post# of 63465
El Salvador passed a law making Bitcoin legal tender!

El Salvador’s legislative body passed a law early Wednesday that will make the nation the first in the world to deem bitcoin legal tender.

The designation allows bitcoin, the world’s largest cryptocurrency by market value, to be used to pay taxes. Businesses would also be obligated to accept bitcoin for payment, though those without the ability to process those payments would be exempt, according to the bill. Converting bitcoin into other currencies will no longer be subject to capital-gains tax.

They said it would happen fast and it did! One and done! More to come...

https://www.wsj.com/articles/el-salvador-becomes-first-country-to-approve-bitcoin-as-legal-tender-11623234476

Invest on your own DD! Information I post is generally my opinions, subject to errors and omissions!

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