Hacker News with Generative AI: El Salvador

El Salvador Ends Bitcoin as Legal Tender (newsroompanama.com)
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this change, and what were the outcomes of its nearly four-year crypto experiment?
El Salvador, Bitcoin, Crypto, IMF, Economics
12 points by asah 14 days ago | 0 comments
El Salvador has agreed to accept U.S. deportations of any nationality (twitter.com)
El Salvador, Immigration, Deportation, United States
10 points by donsupreme 17 days ago | 3 comments
El Salvador offers to house violent US criminals and deportees of any nation (cnn.com)
El Salvador, Crime, Immigration, Politics, International Relations
51 points by miles 18 days ago | 64 comments
El Salvador abandons Bitcoin as legal tender (ticotimes.net)
Bitcoin was never used by most Salvadorans, its modern city was never built, and now it will cease to be legal tender in El Salvador, the first country in the world to adopt it in 2021: a complete failed economic bet by President Nayib Bukele.
Bitcoin, El Salvador, Economics, Government
927 points by smallerfish 18 days ago | 858 comments
El Salvador to Change Bitcoin Law as Part of New IMF Deal: Financial Times (coindesk.com)
El Salvador may roll back a small aspect of its Bitcoin law as part of a new deal with the International Monetary Fund.
Bitcoin, El Salvador, IMF, Finance, Law
21 points by PaulHoule 60 days ago | 2 comments
El Salvador to scale back Bitcoin dreams to seal $1.3B IMF deal (ft.com)
El Salvador, Bitcoin, Finance, IMF, Government
57 points by JumpCrisscross 74 days ago | 17 comments
The Salvadoran government has 5,940 bitcoins worth $582M (lanoticiasv.com)
El Salvador, Bitcoin, Cryptocurrency, Finance
64 points by mistrial9 83 days ago | 92 comments
A Week of Failing to Pay with Bitcoin in El Salvador (reason.com)
When President Nayib Bukele promised that bitcoin would be accepted everywhere in El Salvador, it seemed like a glimpse into the future—a world where cryptocurrency would be woven into everyday life. But after a week there, I found a different reality. Not a single business accepted my bitcoin.
Bitcoin, El Salvador, Cryptocurrency, Economics, Travel
58 points by fortran77 113 days ago | 76 comments
Data breach exposes info for 80% of El Salvador's population (biometricupdate.com)
Data Breaches, Privacy, El Salvador, Biometrics
18 points by jzebedee 290 days ago | 9 comments
El Salvador's Bitcoin Wallet Suffers Leak of Source Code and VPN Access (coinfeeds.io)
Bitcoin, Security, El Salvador, Cryptocurrency, Data Leaks
11 points by bdcravens 304 days ago | 0 comments