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El Salvador’s Bitcoin Adoption “Deserves Praise, Not Derision”- BitMEX CEO

source-logo  coingape.com 10 October 2021 00:31, UTC

The Chief Executive Officer of derivatives trading platform, BitMEX, Alexander Höptner said El Salvador’s decision to adopt Bitcoin as one of its legal tenders is a move that “deserves praise, not derision” from global monetary heavyweights. According to a message from the crypto veteran, the Bitcoin move from El Salvador was born out of the need to try a more working alternative compared to what the current financial ecosystem offers.

coingape.com