The president of El Salvador, Nayib Bukele, said on Thursday that the recently passed law making bitcoin legal tender will take effect on September 7. He noted that the digital currency’s use will be optional. The nation’s Congress has already approved Bukele’s proposal to embrace the cryptocurrency, making El Salvador the first country in the world to adopt bitcoin as legal tender. “The use of bitcoin will be optional; nobody will receive bitcoin if they don’t want it... If someone receives a payment in bitcoin, they can choose to automatically receive it in dollars,” Bukele said. According to the Latin American nation’s leader, salar
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