Wallet collapse and extremely bad experienceWhen the vast majority of countries in the world do not recognize bitcoin as legal currency the American country El Salvador officially took bitcoin as legal currency at the beginning of this monthAlthough bitcoin plummeted by 7000 a day later its president bucker did not flinch and continued. Bitcoin despite making an impressive value rebound over the last few weeks has tripped once again. Kodak Bitcoin Mining Scheme Evaporates Bitcoin What Is Bitcoin Mining Bitcoin Mining At one point on Wednesday nearly 1 trillion was wiped off the market capitalization of the entire crypto market according to data from CoinGecko. Has bitcoin collapsed . El Salvador was the first to declare bitcoin legal. Bitcoin has already been banned in a number of cities and countries. 08052021 By Ethan Huff. Microsoft co-founder Bill Gates is betting on the total collapse of Bitcoin analysts believe as cryptocurrency plunged 15 over the weekend reported E