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El Salvador


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El Salvador’s Bitcoin Adoption ‘Largely Underwhelming’: Researcher

September marks the one year anniversary of El Salvador recognizing bitcoin (BTC) as legal tender. LSE Public Policy Fellow Frank Muci discusses the outcomes of El Salvador’s bitcoin experiment. Plus, more insight on President Bukele's plans to seek reelection as the country's debt rating is downgraded by Fitch.

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How Looming Inflation Concerns May Impact the Price of Bitcoin

CoinDesk Research Analyst George Kaloudis discusses his reading and outlook of bitcoin’s (BTC) price movement as it struggles not to end down for the third straight quarter against global macro headwinds. Plus, Tech Managing Editor Christie Harkin discusses El Salvador’s bitcoin experiment.

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Jack Mallers’ Crypto Payment Firm Strike Raises $80M

Jack Mallers, CEO and founder of Chicago-based bitcoin payment provider Strike, discusses bitcoin as a store of value, use cases of the Bitcoin payments system, and the Lightning Network. Plus, Mallers’ take on El Salvador’s bitcoin experiment and how Strike plans to use its latest $80 million raise.

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Jack Mallers on El Salvador’s Bitcoin Experiment

September marks the one-year anniversary of El Salvador adopting bitcoin (BTC) as legal tender. Jack Mallers, the Chicago-based company executive known for helping El Salvador adopt bitcoin, reflects on the milestone.

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Bitcoin Lake Project Founder on Sustainable Crypto Mining Through Used Cooking Oil

Some residents in Guatemala are taking a cue from El Salvador's Bitcoin Beach, aiming to use cooking oil remnants that could otherwise make its way into a local lake in Panajachel (Pana), for bitcoin (BTC) mining. Bitcoin Lake Founder Patrick Melder shares insights into the project. "It's the first time in the world that cooking oil is being used to create energy to mine bitcoin," Melder said.

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El Salvador Debt Downgraded to CC Rating as President Bukele Seeks Re-Election

El Salvador is likely to default on a January debt repayment because it has limited market access to raise the funds needed, in part because of its bitcoin adoption, according to rating agency Fitch. Meanwhile, President Bukele announced that he will seek re-election, according to a Reuters report. "The Hash" panel discusses the outcome of President Bukele's bitcoin initiatives and the chances for him to be re-elected after his term ends in 2024.

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BTG Pactual Exec on El Salvador’s First Year of Bitcoin Adoption

BTG Pactual's Head of Digital Assets Andre Portilho joins "First Mover" to discuss crypto market growth in South America, citing El Salvador's one-year anniversary of adopting bitcoin as legal tender. Given the "technology challenges," we have yet to know whether President Bukele succeeded or not, he said.

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El Salvador Defends Bitcoin Bet Despite 50% Loss on its Investment

El Salvador’s finance minister is doubling down on the country’s strategy to adopt bitcoin as a national currency, despite a 50% loss in its crypto investment, according to Bloomberg. London School of Economics Public Policy Fellow Frank Muci reacts to President Nayib Bukele's sovereign debt repurchase plan and shares his outlook on El Salvador's bitcoin bet.

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El Salvador Loses Half of BTC Investment as Market Plummets, Official Defends Country’s Bitcoin Strategy

El Salvador’s Finance Minister Alejandro Zelaya stated that bitcoin’s recent price plummet will only have an “extremely minimal” impact on the country’s economy. “The Hash” group discusses El Salvador’s financial relationships with institutions like the International Monetary Fund (IMF) and criticism the Latin American country may face for its pro-bitcoin policy.

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How El Salvador’s Adoption Changes the Narrative of Bitcoin

Host of The O Show Wendy O discusses with "The Hash" panel the change of bitcoin's narrations throughout the years and how El Salvador's adoption introduces a new one.

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