If You Invested $1,000 In Bitcoin When El Salvador Announced Crypto As Legal Tender, Here’s How Much You’d Have Today
The country of El Salvador has been among the most pro-cryptocurrency countries thanks to legally adopting Bitcoin (CRYPTO: BTC) as legal tender back in 2021. With pro-Bitcoin President Nayib Bukele winning re-election, the crypto and country could be back in the spotlight. What Happened: El Salvador became the first country in the world to accept Bitcoin as legal tender, with the approval of the “Bitcoin Law” on June 9, 2021. The law led to the country buying Bitcoin and also made it so that residents could pay taxes in Bitcoin and would not be subject to capital gains tax on Bitcoin transact…