Showing posts with label El Salvador. Show all posts
Showing posts with label El Salvador. Show all posts

Thursday 25 November 2021

IMF warns El Salvador against using Bitcoin

The IMF is once again pushing back against El Salvador's decision to use Bitcoin as Legal Tender, warning that because of the volatility of the cryptocurrency the risks are too high. We break down what this means. And the United States continues to grapple with the dueling crises of inflation and supply chain shortages, because of this President Biden has reiterated the need for the autonomy of the Federal Reserve. We'll discuss the details. Plus, it's a new era for Germany as the nation is set to inaugurate a new chancellor for the first time is nearly two decades. We bring you the latest from on the ground in Berlin. 

 

Wednesday 8 September 2021

What El Salvador's Bitcoin Experiment Looks Like

El Salvador became the first country in the world to adopt bitcoin as its national currency, allowing people to use a digital wallet to pay for everyday goods. Here’s what the impoverished nation’s risky experiment looks like.

 

 
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