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Crypto Dystopia or Popular Democracy w/ Hilary Goodfriend & Jorge Cuéllar

The Dig

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Bitcoin and Bukele: A Double-Edged Sword

This chapter examines the motivations of El Salvador's authoritarian leader, Bukele, in advocating for cryptocurrency amidst widespread skepticism from the local population. It analyzes the volatility of Bitcoin as a currency, the political branding implications for Bukele, and the unfulfilled projects tied to this crypto push, all within the context of far-right ideology and exploitation.

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