El Salvador Bitcoin initiatives

URI: https://gptkb.org/entity/El_Salvador_Bitcoin_initiatives
GPTKB entity
Statements (39)
Predicate Object
gptkbp:instanceOf gptkb:public_policy
gptkbp:BitcoinCityAnnouncementDate 2021-11-20
gptkbp:BitcoinCityLocation near Conchagua volcano
gptkbp:BitcoinMining geothermal energy from volcanoes
gptkbp:ChivoWalletIncentive $30 in Bitcoin for citizens
gptkbp:ChivoWalletLaunchDate 2021-09-07
gptkbp:country gptkb:El_Salvador
gptkbp:criticizedFor transparency concerns
potential for money laundering
volatility risk
gptkbp:dateBitcoinLawEffective 2021-09-07
gptkbp:dateBitcoinLawPassed 2021-06-09
gptkbp:firstCountryToAdoptBitcoinAsLegalTender true
gptkbp:focus Bitcoin adoption
gptkbp:goal financial inclusion
attract foreign investment
remittance facilitation
gptkbp:governmentResponse gptkb:Bitcoin_ATMs
Bitcoin education programs
https://www.w3.org/2000/01/rdf-schema#label El Salvador Bitcoin initiatives
gptkbp:internationalResponse IMF criticism
World Bank skepticism
gptkbp:keyLaw gptkb:Bitcoin_Law
gptkbp:legalTender gptkb:Bitcoin
gptkb:US_Dollar
gptkbp:mediaCoverage global
gptkbp:notableProject gptkb:Bitcoin_City
gptkb:Chivo_Wallet
gptkb:Volcano_Bonds
gptkbp:president gptkb:Nayib_Bukele
gptkbp:regulates gptkb:Central_Reserve_Bank_of_El_Salvador
gptkb:National_Commission_of_Digital_Assets
gptkbp:response mixed
gptkbp:startDate 2021
gptkbp:supports Bitcoin community
gptkbp:VolcanoBondsAnnouncementDate 2021-11-20
gptkbp:VolcanoBondsPurpose fund Bitcoin City and buy Bitcoin
gptkbp:bfsParent gptkb:Samson_Mow
gptkbp:bfsLayer 6