El Salvadors congress, which is dominated by Bitcoin-loving Bukele allies, agreed.
The legislationpassedon a vote of 55-2, modified 6 articles of the Bitcoin law, and repealed 3 others.
Businesses can now choose whether or not theyll accept Bitcoin instead of being forced to by government mandate.
Salvadoran Roxana Reyes works as a cashier in a warehouse that receives payments and transactions in bitcoin in Berlin, El Salvador on January 20, 2025.© Photo by MARVIN RECINOS/AFP via Getty Images
Bukele and El Salvador went all-in on Bitcoin in 2021.
He planned a massive Bitcoin city andannounced it on stageamid laser-eyed memes, aliens, and a light show.
In Bukeles vision, the number would go up.
It didnt come to pass.
The ousting of Bitcoin from El Salvador has been on the IMFs radar for a long time.
We dont recommend it.
Meanwhile, Bukeles lackeys swear that El Salvador is still aBitcoin-friendly country.
But not that friendly.
The push to adopt cryptocurrency has been a flop among normal people.
But violence and prison are back in the news following Bukeles meeting with U.S. Secretary of State Marco Rubio.
El Salvador is famous for its massive supermax prisons.
The horrifying monstrosities house tens of thousands of prisoners.
Bukele and Rubio met over the weekend and the El Salvadorian presidentoffered up prison spaceto America.
The U.S. could, he said, put anyone they want inside his concrete nightmares, including American citizens.
Rubio and the White House said there are no plans to deport and house American citizens in foreign prisons.
But the offer is on the table.
In El Salvador, Bitcoin is out of fashion and prisons are very much in.
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Justice Department Says It Will Pull Back on Prosecuting Crypto Fraud
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