Bitcoin: El Salvador, country where you can buy everything with digital currency

Bitcoin: El Salvador, country where you can buy everything with digital currency

  • By Joe Tidy
  • cyber journalist

image caption,

Many stores make it clear to their customers that they accept bitcoin

Cryptocurrencies continued to tumble this week as billions were wiped off the value of tokens like bitcoin.

The crash affects investors around the world, including the government of El Salvador. The Central American country poured millions into bitcoin and made it legal tender nine months ago, encouraging people to use it for everyday transactions.

From trinkets to tacos to gasoline to even houses, you can buy just about anything in El Salvador with bitcoins. Buying cryptocurrency from street vendors or large chains is a remarkable experience.

To read especially on BBC Africa:

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