2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC107: The Real Impact of the IMF and World Bank w/ Alex Gladstein and Sam Callahan (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Is El Salvador Adopting Bitcoin a Second Currency?

I think it's a game changer. This idea of raising money on Bitcoin is just another example of how Bitcoin could potentially take power away from these organizations. The Senate Foreign Relations Committee tried to pass this accountability for cryptocurrency and El Salvador's Act, the ACES Act in response to this. It was really interesting because they're saying it's El Salvador adopting Bitcoin, is mitigate potential risk to the US financial system. I'm very curious to see what it's like. We don't know how it's going to play out.

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