El Salvador is Stumbling. Millions in Payments Soon Due, Low BTC Adoption & No Bitcoin Bond to Help Relieve Pressure — Yet.

Ryan C
ThePowerBrunch
Published in
6 min readMay 16, 2022

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Photo by Alice Pasqual on Unsplash

At the June 2021 Bitcoin conference in Miami, El Salvador President Nayib Bukele made the groundbreaking announcement that El Salvador would soon become the first country to recognize Bitcoin as legal tender. The announcement propagated far and wide — with Crypto Twitter praising…

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Ryan C
ThePowerBrunch

I write about blockchain, crypto, the creator economy, NFTs, DeFi, & (insert buzz word here). Sometimes, I write about other things too.