Bitcoin is on the way to becoming an official legal tender by the government, even though there have been so many obstacles along the part the El Salvador government will on the 7th of September accept bitcoin as a legal currency within the country, can we say we are in for another long runoff for Bitcoin market.
So it's tomorrow? Well good for them. At least they are trying something new that no other country has ever tried. Other countries can watch and learn from them. I wonder how they are going to deal with the volatility though. Will merchants instantly convert bitcoins to fiat? Or they will just hold their bitcoins? I have also heard that about two third of the population are against making bitcoin a legal tender. I wonder how things will go.