Bitcoin prices rallied in response to El Salvador announcing when it will start to accept the cryptocurrency as legal tender.
El Salvador Emerges as Bitcoin’s Savior : Read more
El Salvador Emerges as Bitcoin’s Savior : Read more
Or the reverse could happen which is what they will be betting on. Bitcoin isn't going anywhere at this point.Good luck to the government when they wake up and realise that their coffers are worth a lot less than what they had the day before because their tax collected using BitCoin have loss significant amount of value.