Bitcoin Is Now Legal Tender In El Salvador

Episode #72
Duration: 13:41 Mins
Release Date: 13/06/2021

About The Episode

Lawmakers in El Salvador have voted to make Bitcoin legal tender. The country’s Congress voted 62-22 in favour of the proposal, which will be implemented within 90 days. All businesses and other “economic agents” in El Salvador will be required to accept Bitcoin as payment for goods and services, although those without access to the necessary technology will be exempt.
What kind of benefits, problems, and future outcomes will follow from this?

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