Bitcoin As Legal Tender is Just The First Step For El Salvador To Foster Economic Development

Written by andreabianconi | Published 2021/06/28
Tech Story Tags: bitcoin | crypto | economics | bitcoin-spotlight | el-salvador-bitcoin-adoption | bitcoin-legal-in-el-salvador | bitcoin-maximalism | el-salvador-vs-world-bank

TLDR Bitcoin As Legal Tender is Just The First Step For El Salvador To Foster Economic Development, says Andrea Bianconi. El Salvador's move to render bitcoin legal tender in the country was widely reported as a very important step towards bitcoin adoption. I agree that this is an historical step towards wider bitcoin adoption by sovereign nations. But I have some concerns about how this is being done by El Salvador. I am against any “forced” adoption of bitcoin which, to use the words of Nic Carter, should better continue to “flourish on its own merits”via the TL;DR App
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Written by andreabianconi | CONTACT ME AT [email protected]
Published by HackerNoon on 2021/06/28
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