It had to happen at some point. https://www.thecoinrepublic.com/2025/01/31/el-salvador-modifies-bitcoin-law-to-secure-imf-deal/
I posted this thread because now is official, a couple of days ago they approved the bill. I don't remember the other thread but it probably was me as well, when I first hear the news. When El Salvador introduced Bitcoin in the country we saw crypto boys coming out of flat stones like crabs, shouting that El Salvador was the place! They even talked about a freaking mining rig powered by a volcano. Surreal. Now that common sense has prevailed and time has put them in their places it is time to give those crypto boys a cheeky slap in the face.
I thought you meant this one. https://www.elitetrader.com/et/thre...continue-bitcoins-legal-tender-status.364500/ The topic has been around for more than two years. Now it is official
To be honest, it doesn't matter one bit. Fiat currency will continue to lose it's purchasing power and bitcoin will continue to appreciate in price. Its totally ok to use fiat for daily transactions and hence use it for transactions that require you to use legal tender. The fact that you can exchange bitcoin for legal tender, and continue to get more and more legal tender for your bitcoin, is the important part. And when you have legal tender that you was to store away, you convert it to bitcoin for the appreciation.
You have it completely backwards, man. It is not the legal tender that is changing value... It is the BS catalyst for converting the legal tender (I.E., BTC) that is vacillating, and violently at that, in recent months. The USD is the turtle that keeps trudging in a direction. Up, down or sideways. It is a freight train. BTC is the rabid hobo trying to attack the train from every angle, trying to get it to speed up or slow down so it can hitch a ride...But it can never BE the freight train. You CANNOT have a crypto without fiat behind it. The two can never be mutually exclusive.