#PriceTrendAnalysis What is the status of Bitcoin in El Salvador after its agreement with the IMF? According to what Mow indicated in his post, “Article 1: Leaves Bitcoin defined as legal tender, but eliminates the word 'currency' and makes Bitcoin optional/voluntary. That is why Bitcoin is and is not legal tender. It is defined as legal tender, but lacks what really makes it legal tender.” He further posited that “it’s not that Bitcoin has been forced on businesses, but the previous status as ‘real’ legal tender was definitely a motivating factor for larger companies that wanted to be compliant (think Starbucks, McDonalds, etc.).” “It’s also worth noting that removing the word currency makes the Bitcoin Act far less useful. I can’t push for other countries to recognize Bitcoin as a foreign currency now,” the Bitcoin insider noted. He mentioned that in Article 3, “Every price may be expressed in BTC” is now “Every price may be converted into BTC.” Mow explained that “most people convert fiat prices to BTC for payment, so this is just saying do what comes naturally. Or it could be read as, you used to be able to price an apple in satoshis on a price tag or sign, but now you can’t.”