Salvadoran Ambassador to US: Bitcoin Challenges Your Authority

Posted on by American Coins & Gold

Salvadoran Ambassador to US: Bitcoin Challenges Your Authority
By approving bitcoin as legal tender and announcing plans to build a “Bitcoin City,” El Salvador is one step ahead of everyone else in pushing the mainstream adoption of bitcoin, and that seems to be a threat to other countries, including the United States, according to Milena Mayorga, El Salvador’s ambassador to the U.S.“They are afraid and concerned because a lot of countries are looking at us, and they will follow our leadership,” Mayorga said in an interview with CoinDesk TV’s “First Mover” on Wednesday.In September, El Salvador adopted bitcoin as legal tender, sending shock waves through the international monetary…