GEAB 159
Bitcoin – Salvad’orisation
Bukele, the young president of San Salvador, is rubbing his hands together at the rise in value of Bitcoin, which he adopted as his country’s official currency on September 7th. This unprecedented decision is turning the small country into an experimental lab, and specialists are flocking to observe and advise. The president’s current concern is the volatility of the system: not just for the risk of devaluation, but more generally for the disruption caused by never knowing how much coffee will cost today. Why? Because
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