Hey, can you provide reactions of BTC big wigs on El Salvad…
Hey, can you provide reactions of BTC big wigs on El Salvador abandoning BTC as legal tender? I'm guessing they are to be found on Twitter.
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Unfortunately, the provided search results do not include specific reactions from BTC big wigs on El Salvador abandoning BTC as legal tender, particularly on Twitter. However, I can give you a summary of what's happening:
El Salvador has recently amended its Bitcoin Law, effectively removing Bitcoin's status as legal tender. This change comes as part of an agreement with the International Monetary Fund (IMF) for a $1.4 billion loan. Key points include:
- **Voluntary Use**: The use of Bitcoin by private businesses will be voluntary, not mandatory as it was previously[1][3].
- **Tax Payments**: Taxes will only be accepted in US dollars[3].
- **Chivo Wallet**: The government will gradually unwind its involvement with the Chivo Wallet, a state-backed digital wallet[3].
Regarding reactions from influential figures in the Bitcoin community, I couldn't find direct quotes or tweets within the provided search results. To find such reactions, you might need to search Twitter directly or look for recent articles and interviews featuring prominent Bitcoin advocates and experts.
If you need help finding resources or formulating a search query, I'd be happy to assist you further.