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Which country became the first to adopt Bitcoin as legal tender in September 202

Practice Questions

Q1
Which country became the first to adopt Bitcoin as legal tender in September 2021?
  1. El Salvador
  2. Venezuela
  3. Japan
  4. United States

Questions & Step-by-Step Solutions

Which country became the first to adopt Bitcoin as legal tender in September 2021?
  • Step 1: Identify the question being asked.
  • Step 2: Understand that the question is about a country and Bitcoin.
  • Step 3: Recall that Bitcoin is a type of digital currency.
  • Step 4: Remember that legal tender means a currency that must be accepted if offered in payment.
  • Step 5: Look for information about countries that have adopted Bitcoin.
  • Step 6: Find out that El Salvador is the country that adopted Bitcoin as legal tender.
  • Step 7: Note that this happened in September 2021.
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