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What Next - TBD | Welcome to Bitcoin Beach

What Next - TBD | Welcome to Bitcoin Beach

Can El Salvador’s seaside crypto experiment really work as a national policy?

Slate News · Slate Podcasts

June 25, 202119m 55s

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Show Notes

For nearly two years, an unprecedented experiment has been taking place in the town of El Zonte in El Salvador. Funded by a mysterious donor, the town’s residents built a Bitcoin economy, using the cryptocurrency to purchase just about anything. 


Now, El Slavador has passed a new law making it the first country to adopt Bitcoin as legal tender. Can they replicate El Zonte’s success at a national scale?


Guest: Ezra Fieser, reporter at Bloomberg



Host

Lizzie O’Leary

 


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