Bitcoin was recognized as the official currency of El Salvador, and Vitalik Buterin earned more than $ 4 million from investments in Dogecoin

Bitcoin was recognized as the official currency of El Salvador, and Vitalik Buterin earned more than $ 4 million from investments in Dogecoin

French DJ David Guetta has put up for sale an elite apartment in Miami Beach for $ 14 million. He agrees to accept payments for real estate in Bitcoin and Ethereum. Taking into account the current exchange rate at 14:10 Moscow time, the cost of an apartment is 373 bitcoins or 5.64 thousand Ethereum. The apartment is located on the 37th floor of the Setai Residences condominium complex, its area is 223 sq m.

Guetta acquired the property in 2018 from billionaire Richard LeFrac for $ 9.5 million. The DJ expects to earn $ 4.5 million from its sale.

Bitcoin recognized as the official currency of El Salvador

BTC can be paid on a par with the US dollar. The president believes that accepting bitcoin will make it easier for people working overseas to send money home. These funds account for a fifth of El Salvador’s GDP

“70% of the population of El Salvador does not have a bank account, these people work in the shadow economy,” the president explained on Twitter. “Financial inclusion is not only a moral duty but also a way to revive the country’s economy, provide access to loans, savings, investment, and secure transactions. “

Ethereum co-founder Vitalik Buterin raised over $ 4 million from investments in Dogecoin (DOGE). In a podcast by MIT researcher Lex Friedman, he revealed that he invested $ 25,000 in cryptocurrency in 2016.

According to Buterin, he was impressed by the Dogecoin community but had no objective reason to invest in the asset.

“I remember thinking, ‘How can I explain to my mom that I invested $ 25,000 in DOGE?’ The only interesting thing about this coin is the dog logo. But of course, it was one of the best investments I have ever made, ”he said.

The Ethereum co-founder noted that he was caught off guard by the speculative hype over Elon Musk’s tweets about the cryptocurrency meme. He said that he was in isolation in Singapore when the price of DOGE rose 775% in one day.

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