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Can El Salvador’s seaside crypto experiment really work as a national policy?
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For nearly two years, an unprecedented experiment has been taking place in the town of El Zonte, 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