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62. El Salvador on The Bitcoin Standard

The Bitcoin Standard Podcast

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El Salvador Legal Tender

The president of El Salvador, Neibete, signed a law making Bitcoin legal tender. The move will be interesting to see how this develops and how it changes Salvadorian economy over time. I think there's a huge opportunity for remittances in terms of creating business. We hope that it takes off as a store of value. So that's what we really want everywhere.

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