BTC is Legal Tender in El Salvador, And You Can Use it at McDonald’s

You can now walk into a McDonald’s or Starbucks in El Salvador and purchase your meal with Bitcoin. The reason for this is that Bitcoin is now legal tender in El Salvador and all businesses must accept it.

We have come a long way since the days of Bitcoin being seen as a passing fad. Today you have a major country like El Salvador leading the way for other nations by embracing Bitcoin as a national currency.

This is the first big experiment in using a digital decentralized currency as a money for a state. To aid in this, El Salvador has made use of the lightning network, a way to make everyday Bitcoin transactions cheap. We will keep you up to date, but in the meantime, many people are buying $30 worth of Bitcoin (what every El Salvadorian got) in support. So if you support this, consider maybe doing that!

Author: Thomas DeMichele

Thomas DeMichele has been working in the cryptocurrency information space since 2015 when was created. He has contributed to MakerDAO, Alpha Bot (the number one crypto bot on Discord),...

Leave a comment

We'll never share your email with anyone else.