The Consequences of El-Salvador's Adoption of Cryptocurrency as Legal Tender

Abstract

The mini-project is an experimental one. In this research the data is utilized to analyze an Impact of bitcoin adoption and mining on its economy with lighting up of some major energy sources that El Salvador uses to generate cryptocurrencies and to study influence of mining and crypto-adoption on El-Salvador’s financial system and nature. Next point is to focus on quantitative research with some Technique for Collecting Secondary-Data – main methods with help of which the information was gathered and evaluate. In mini-project would be included: Adoption of crypto (Bitcoin) law in El-Salvador, Energy-matrix condition IN El-Salvador including country ability to mine bitcoin, Bitcoin mining and its implication regarding climate change in El-Salvador and some graph with related project to project data.