El Salvador to become world's first nation to make Bitcoin as its legal currency.

After a big fall in crypto after the tweet of Elon Musk a god news is coming for crypto now. After a big fall and some recovery in crypto now a country in central Americs El Salvador is going to make Bitcoin as a legal tender in the country. If this hppens then El Salvador becomes the first country to make bitcoin as a legal currency.


The president of El Salvador said that 'Next week I will send to congress a bill that will send that will make bitcoin a legal tender in El Salvador. it is muck clear due to Bukele's New Idea party enjoys a supermajority in the legislature, and there is a strong likelihood that the bill would be approved. If this happens El Salvador would create a history of making bitcoin as a legal tender and formally adopt the cryptocurrency. 


Along with Equator,  Panama and El Salvador is currently having a dollerized economy. Bukele said that In short term this change will generate jobs and help provide financial inclusion to thousands outside the formal economy. 

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