Sep 10, 2021
2 min read
El Salvador and bitcoin: the moment of truth
On September 7, El Salvador became the first country in the world to adopt bitcoin as legal tender, a risky experiment by the government and on which President Nayib Bukele has staked his political reputation.
The launch faces difficulties and has sparked protests across the country, with some businesses complaining that uptake of bitcoin will be mandatory (denied by the government)…
