Citizens of El Salvador are exchanging their U.S. dollars for bitcoins as Bitcoin adoption grows.

Citizens of El Salvador are exchanging their U.S. dollars for bitcoins as Bitcoin adoption grows.

The Central American country has installed over 200 cryptocurrency ATMs since adopting Bitcoin as a legal tender. Changes in investor sentiment led to an increase in cryptocurrency conversions. Earlier this week, the Salvadorean government announced plans to build a $4 million veterinary hospital with profits earned from the bull market in Bitcoin.

Leave a Reply

Your email address will not be published. Required fields are marked *