The Mark Moss Show cover image

Bitcoin in El Salvador for One Year - How's it Going?

The Mark Moss Show

00:00

Bitcoin Is a Big Thing, Right?

In May of this year, almost $100 million were sent via Bitcoin in the eight months following the Bitcoin law. Salvadorans reportedly spend about 400 million per year just on the fees for the remittances. You can basically send Bitcoin instant and near free using the lightning network. If you want to send money back home, about 400 million goes to Western Union.

Play episode from 15:33
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app