El Salvador’s acceptance of Bitcoin as legal tender is now immortalized on the blockchain, thanks to mining pool Poolin’s addition of a newspaper headline to block 686,938.
El Salvador, the first nation-state to Bitcoin (BTC) adoption as legal tender, is now immortalized on the blockchain, as is customary for Bitcoin (BTC).
Data from blockchain explorer service Blockchain shows block 686,938 with the message “asamblea aprueba la ley bitcoin” — which is the front-page headline carried by El Salvadoran daily Diario El Salvador on Wednesday.
The third-largest Bitcoin mining pool in terms of hash rate, Poolin, was in charge of mining the transaction block containing the message.
El Salvador’s legislature has passed a bill making Bitcoin legal tender in the country, as previously reported by Coin telegraph. Meanwhile, a wave of support for Bitcoin among key government figures in Latin America continues to emerge, much to the delight of Bitcoin supporters.
In response to the growing trend, Chris Burniske, a partner at blockchain-focused venture capital firm Placeholder VC, tweeted that the move could be a way for Latin American countries to “strike back at dollars and debt.”
Earlier this week, former US President Donald Trump reaffirmed his support for Bitcoin, claiming that it competed with the US dollar.
Poolin’s tribute to El Salvador’s historic Bitcoin legalization and adoption on the blockchain comes more than a decade after BTC creator Satoshi Nakamoto etched The Times’ front-page headline from Jan. 3, 2009, on the blockchain’s genesis block:
“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”
A few blocks in the Bitcoin blockchain also include messages and other references meant to commemorate specific events.
When block height 666,666 appeared in January, the “winning miner” included a Bible verse: “Do not be overcome by evil, but overcome evil with good – Romans 12:21.”
Coinbase commissioned Bitcoin mining pool F2Pool to embed a New York Times article in block 679,187 in April.