submitted by /u/liveyourlifebro [link] [comments] |
source https://www.reddit.com/r/btc/comments/nwt972/bitcoin_fake_elon_musk_giveaway_scam_cost_man/
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The law doesn't make any difference between custodian service or on-chain payments.
https://read.cash/@francis105d1/bitcoin-law-has-been-approved-in-el-salvador-662cd91a
In 2001 the USD became the currency of El Salvador. Last night, the adoption of Bitcoin as another legal tender passed. As per the document below, I believe this means any company operating in these countries will have to accept Bitcoin, by law. The companies named all operate in El Salvador: Walmart, Gap, Forever 21, McDonalds, Sears, Claires, Payless Shoes, Burger King, Starbucks, KFC, Pizza Hut, Wendys, Subway, Dominos, Olive Garden, Denny's, Papa Johns Restaurants: https://logos.fandom.com/wiki/Category:Restaurant_chains_in_El_Salvador Retail: https://logos.fandom.com/wiki/Category:Retail_outlets_in_El_Salvador Specifically Act 7 & Act 8. *edited Also Amazon, Google, and even Apple also possibly need to offer services with Bitcoin. According to the El Salvador president last night, they will. Unless these companies want to black out their companies in countries that adopt Bitcoin as legal tender, they will need to start accepting Bitcoin if they offer services (including online e-commerce). [link] [comments] |