The CEO of Bitcoin advocacy firm JAN3, Samson Mow, states that El Salvador is now "less unique" after amending its Bitcoin law. Previously, El Salvador had adopted Bitcoin as legal tender and garnered praise as a pioneer in high-level adoption. However, pressure from international bodies like the International Monetary Fund has led to scaling back the move. The amendments to the Bitcoin law no longer make it compulsory for businesses to accept Bitcoin as a means of payment, and the government can no longer accept it for taxes and services. These changes have caused Bitcoiners to rethink their view of El Salvador. Despite this setback, local Bitcoin initiatives in the country continue to thrive, with businesses in the municipality of Berlín accepting Bitcoin and ongoing Bitcoin education efforts by local leaders.
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