El Salvador passed legislation with an absolute majority of 62/84 on the 8th, becoming the first country in the world to adopt Bitcoin as its legal tender. El Salvador’s President Bukler praised the role of Bitcoin, saying that it may help Salvadorans living abroad to remit money back to their country. Bukler added that the use of Bitcoin is optional and does not pose risks to users. The bill will become law within 90 days, "making history."
The president further stretched the need for adoption of Bitcoin which makes El Salvador a shelter for vulnerable miners whom are been displaced in China to consider traveling there to set up their mining farms. The president did a congratulatory job in midst of the crises Bitcoin is facing from different governments like Nigeria, Turkey and Even India. A president of a country could make BTC a legal tender, it is a matter of time before we saw other countries taking the same route.
