CD52: venezuela, latin america, and bitcoin with @elsultanbitcoin and @cryptonomista
Citadel Dispatch
Bitcoin Adoption in El Salvador and Political Implications
The chapter discusses the adoption of Bitcoin as legal tender in El Salvador and the leadership of President Bukele. It compares the situation in El Salvador to Venezuela and highlights the success of El Salvador's approach in providing access to the formal financial system through the Chivo wallet. The chapter also touches on the positive impact on the economy and the contrasting approaches to cryptocurrency adoption between El Salvador and Venezuela.
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