article thumbnail

Will Other Countries Adopt Bitcoin as Legal Tender?

Supply Chain Game Changer

Yet, there are signs that countries are prepared to treat bitcoin as their national currency in addition to their local currencies, as El Salvador did in 2021. In comparison to El Salvador, Central African Republic’s economy is smaller, with an output volume of USD 2.4 billion in 2017 and a GDP of USD 4.5

article thumbnail

Bitcoin Past, Present and Future!

Supply Chain Game Changer

Bitcoin has been adopted as a legal tender in the Central African Republic and El Salvador. At the end of 2017, Bitcoin climbed to nearly $20,000 before plummeting to $3,183 on December 14, 2018. Others think it could be a saving grace when conventional Fiat currencies fall apart. Right now, the price of Bitcoin is $21,447.20.

article thumbnail

Rethinking your optimum

Supply Chain Movement

Rethink your optimum: Prepare your supply chain for the challenges of 2017 and beyond. El Salvador. Advanced analytics and optimization technology is the game-changing advantage that will push you past the competition – giving your business more agility, higher accuracy and sharper insights to maximize your revenue. Costa Rica.