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On June 5, President Nayib Bukele announced his plans to make El Salvador the world’s first country to accept Bitcoin, a popular digital cryptocurrency, as a form of legal tender. The nation’s legislative assembly, under the majority control of Bukele’s New Ideas party, passed the bill just three days later. Under the new legislation, Bitcoin More

The post Turning Memes into Money in El Salvador appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Brett Heinz.

Citations

[1]https://www.counterpunch.org/2021/06/28/turning-memes-into-money-in-el-salvador/[2]https://www.counterpunch.org/2021/06/28/turning-memes-into-money-in-el-salvador/[3]https://www.counterpunch.org/