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Big Changes in El Salvador with Mike Peterson SLP547

Stephan Livera Podcast

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The Impact of Bitcoin Adoption on Economy and Tourism in El Salvador

This chapter explores the effects of Bitcoin adoption in El Salvador, highlighting its transformation from a country known for gang violence to a leader in financial innovation. It discusses the influx of tourists and expats attracted by the adoption, the positive and negative perspectives on Bitcoin, and the potential for financial innovation. The chapter also addresses the criticism of the adoption and the challenges faced in the local banking system.

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