El Salvador’s ‘Bitcoin Beach’ cheers cryptocurrency surge

El Salvador’s ‘Bitcoin Beach’ cheers cryptocurrency surge

The Star Online - Tech·2024-03-20 19:03

EL ZONTE, El Salvador: In a surf town in El Salvador nicknamed “Bitcoin Beach”, shopkeeper Maria Aguirre watched with delight as the cryptocurrency – and her investment in it – recently soared to new all-time highs.

The digital currency that she acquired four years ago for US$2,200 is now worth around US$19,000, she said.

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