El Salvador’s Bitcoin day: The first of many or a one-off?
Thanks to El Salvador’s daring move, digital money looms large on global policymakers’ radars. On Sept. 7, in a historic first, the small Central American nation of El Salvador adopted Bitcoin as legal tender.The true significance of this day for how people all around the world exchange value and what meaning they ascribe to the concept of money will take quite some time to reify and be fully understood. Yet, what is already clear is that September 2021 will be up there next to January 2009 in the history books of the digitization of finance.Surrounded by controversy, protests, bumpy....
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