How Bitcoin Will Impact El Salvador’s Geopolitics
A survey of the history, economy, geography and demographics of El Salvador demonstrate that the adoption of Bitcoin will be a major success.Bitcoin will be a success in El Salvador, boosting remittances, industry and gains from remuneration. Per capita GDP is likely to double over the next decade as remittances, the energy sector and tourism all grow.El Salvador made waves in June 2021 by adding bitcoin as a legal tender alongside the U.S. dollar. It was a historic event. The use of bitcoin has the potential to dramatically benefit the small Central American country, but by how much? And....
Related News
Everything surrounding the ACES act is almost comedic. U.S. Senators Jim Risch, Bob Menendez, and Bill Cassidy introduced the “Accountability for Cryptocurrency in El Salvador” AKA the ‘‘ACES Act.’’ It’s bipartisan legislation that would allow the U.S. to produce a full report on El Salvador’s post-Bitcoin Law situation. Related Reading | Crypto Regulation: U.S. Senator […]
With El Salvador’s Bitcoin Law poised to take effect, we speak with a prominent Salvadoran entrepreneur about his thoughts on the development.
While a plan to leverage “volcano energy” is great marketing for El Salvador’s planned Bitcoin City, on its own, it might not be the best source.
We received the statistics and read the charts, but… what was El Salvador’s first day under Bitcoin law really like? Let’s follow Bart Mol, Dutch national and host of the Satoshi Radio Podcast, on a wild ride between San Salvador and El Zonte. He’ll show us the good, the bad, and the ugly. No one […]
A pair of high-ranking officials in El Salvador’s ruling party, Nuevas Ideas, took aim at critics who stand in opposition to the country’s forthcoming Bitcoin legal tender law on Tuesday.