Salvador’s authorities promised to distribute to residents of $ 30 in Bitcoins just like that. They believe that the mass use of cryptocurrencies will help to attract investment in the country, writes Bloomberg.
Such measures should also increase consumption and reduce costs in cash transfers for millions of residents who work abroad. To get an asset, you need to start an account in the National Bitcoin Wallet Chivo. Buyers will be able to pay bitcoins for goods, prices for which are indicated in dollars.
Bank accounts, open in dollars, will be in this currency, as salaries and pensions. Previously, the Russian billionander Oleg Deripaska called on the Central Bank more actively look towards digital currencies as a means of means. He called for an example from the “beggar” Salvador, who was the first in the world to recognize the world’s largest cryptocurrency official payment facility.
The problem for the republic was the position of the World Bank, which refused to promote the spread of Bitcoin. The International Monetary Fund (IMF) noted that it was faced with “macroeconomic, financial and legal issues” in connection with the transition of El Salvador to Bitcoin.
Fitch rating agency believes that the legalization of Bitcoin may lead to a violation of international standards for combating money laundering and financing terrorism.
Currently, Bitcoin’s course is 31.7 thousand dollars or 2.3 million rubles.