Bitcoin in El Salvador: Why Is It Worth the Effort?
Published on september 16, 2021
More than nine years ago, we founded Bitcoin Argentina’s nongovernmental organization to defend bitcoin and its potential despite all public opinion to the contrary. At the time, bitcoin was criticized by families and friends, very little was known about the subject, and everything in the media was negative. No one could understand the social relevance… [Read more]
[...]Bukele’s MS-13 Double Bind
Published on september 10, 2021
The Salvadoran President’s negotiations with gangs seem to have driven down murders – but they’re also ammunition for skeptics of Bukele and his Bitcoin policies.
[...]El Salvador’s Bold Bet on Bitcoin Could Inspire the World
Published on september 7, 2021
The tiny nation of El Salvador will soon take a giant leap into the future of finance, as it will become the first country ever to recognize bitcoin as legal tender. Last week, President Nayib Bukele announced in a national address that the law will take effect on Sept. 7. As of this coming Tuesday,… [Read more]
[...]El Salvador’s Bitcoin Law Is About Self-Determination
Published on september 7, 2021
Money talks, often in metaphors. Today, El Salvador became the first country to adopt bitcoin as legal tender, allowing residents to pay all public and private debts in the cryptocurrency. It’s a policy without precedent in the world, and one that symbolizes the beginning of a new period of national self-determination for the country. Proposed… [Read more]
[...]Living in Puerto Rico, Where the Taxes Are Low and Crypto Thrives
Published on august 12, 2021
Relocating to Puerto Rico to avoid taxes is simpatico with crypto’s goals. Both are attempts to outrun the state and build an alternative system.
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