Having officially adopted Bitcoin in the country, El Salvador has indeed set an example for the world. So, the major food and drink franchises including Starbucks Corp. and Pizza Hut Inc. have already started accepting payments in Bitcoin, according to President Nayib Bukele.
As Bloomberg confirms, Twitter users have reported that they were able to pay for breakfast at McDonald’s with Bitcoin on Tuesday. If you don’t know yet, yesterday was the first day on which the cryptocurrency became the legal tender in the Central American nation.
Not only that, all businesses across El Salvador will be required to accept Bitcoin in exchange for goods and services. However, those who are technologically unable to receive cryptocurrency can be exempted from the law.
How did you like this move by El Salvador? Let us know in the comments below if you do want your nation to adopt cryptocurrency, drop your country flag in the comments as well. 😉