Klever
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
  • Login
  • Register
Klever News
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
Klever News
Home Global

Movement organizes Bitcoin pump to support El Salvador’s adoption

by Maluh Bastos
September 6, 2021
in Global
Reading Time: 2 mins read
3k
A A
0
Share on FacebookShare on Twitter

A Brazilian initiated Reddit community is willing to buy $30 in Bitcoin tomorrow to support Salvadoran’s new legal tender

Social media users are making a movement to pump Bitcoin’s price in order to support El Salvador’s adoption of the cryptocurrency as a legal tender. The initiative began with Brazilian Reddit users who assembled more people to be a part of the action. 

It was suggested that the users purchase $30 worth of Bitcoin to add to the pump. The idea on the Reddit thread was to raise circa $99,505,860 using the basic math of multiplying the number of community members times $30.

They chose the amount of $30 to collaborate because that is “the amount the Salvadoran government is planning to airdrop into people’s controversial state-run Chivo wallets as part of a national adoption plan”, said the twitter user Alex Gladstein who was one of the people who spreaded the Reddit thread. 

You might also like

Introducing K5, The Crypto Wallet Of The Future

Introducing K5, The Crypto Wallet Of The Future

January 26, 2023
7.3k
How blockchains and cryptocurrency will revolutionize supply chains.

How blockchains and cryptocurrency will revolutionize supply chains

January 23, 2023
7.3k

Why $30? That is the amount the Salvadoran government is planning to airdrop into people’s controversial state-run Chivo wallets as part of a national adoption plan.

Note: these wallets appear to be centralized dollar accounts that can accept incoming / pay outgoing BTC on-chain

— Alex Gladstein 🌋 ⚡ (@gladstein) September 5, 2021

According to the member of the community who suggested the initiative the idea was supposed to be a support rather than a pump – considering that El Salvador’s is going to be the first country to adopt Bitcoin as a legal tender. 

Since the crypto launch is scheduled to happen at 3pm PST, the community decided that they’ll do the pump by 2pm – an hour before the launch. 

Previous Post

New KLV 16% APR Staking Contract for all KLV holders on September 16-18

Next Post

India & Crypto Adoption

Maluh Bastos

Maluh Bastos

Journalist, content writer and producer - and DJ in spare times - always looking to make some noise in the world. Crypto and blockchain writer, eager to learn more every day and hoping to contribute to Klever's mission to change people's lives through financial freedom.

Related Stories

Introducing K5, The Crypto Wallet Of The Future

Introducing K5, The Crypto Wallet Of The Future

by Klever
January 26, 2023
0
7.3k

KleverOS, the revolutionary Klever crypto wallet operating system that powers K5, ushers in a new era of crypto wallets. Today,...

How blockchains and cryptocurrency will revolutionize supply chains.

How blockchains and cryptocurrency will revolutionize supply chains

by Warren Manuel
January 23, 2023
0
7.3k

Supply chain management and logistics is a critical aspect of any business, as it involves the coordination and movement of...

Financial inclusion in the unbanked through cryptocurrency and blockchain

Financial inclusion in the unbanked through cryptocurrency and blockchain

by Warren Manuel
January 21, 2023
0
7.3k

The Role of Cryptocurrency and Blockchain in Enabling Financial Inclusion for the Unbanked and Underbanked Cryptocurrency and blockchain technology have...

Crypto mining alternatives

Alternatives to cryptocurrency mining that would be more sustainable

by Warren Manuel
January 19, 2023
0
7.3k

The Environmental Impact of Cryptocurrency Mining and the Potential for More Sustainable Alternatives Cryptocurrency mining, the process of using computer...

Next Post

India & Crypto Adoption

El Salvador finally launches Bitcoin as a legal tender

Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recommended

Ethereum

Coin of the Week: Ethereum (ETH)

November 14, 2021
7.5k
Tron (TRX)

Coin of the Week: Tron (TRX)

May 19, 2022
7.5k

Popular Story

  • Stand a chance to win your share of 10,000 KLV

    Stand a chance to win your share of 10,000 KLV

    8332 shares
    Share 3333 Tweet 2083
  • Test drive Klever Wallet, K5 and Win 1000 KLV & 1 KFI

    7018 shares
    Share 2807 Tweet 1755
  • Bitcoin battles back from record losses to $21,000

    5913 shares
    Share 2365 Tweet 1478
  • Klever showcases its blockchain ecosystem on a Time Square billboard

    5357 shares
    Share 2143 Tweet 1339
  • K5 adds new blockchain and KleverSafe support in the latest Android version

    5070 shares
    Share 2028 Tweet 1268

Follow us on Twitter

Klever News

Join the Klever community
Growing together we are stronger.
Be sure to follow us on social media to stay up to date.

Categories

  • Announcements
  • Coin of the Week
  • Education
  • Exchange
  • Games
  • Global
  • Hardware Wallet
  • Market Updates
  • NFTs
  • Opinions
  • Sponsored
  • Wallet
Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recent News

Introducing K5, The Crypto Wallet Of The Future

Introducing K5, The Crypto Wallet Of The Future

January 26, 2023
How blockchains and cryptocurrency will revolutionize supply chains.

How blockchains and cryptocurrency will revolutionize supply chains

January 23, 2023
  • Sponsored Content
  • Advertise
  • Contact Us
  • RSS Feed

© 2022 Klever News - Premium Crypto news & insights by Klever Finance.

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version