It brought El Salvador’s president, Nayib Bukele, the adulation of the tech community, but reduced scarce funds and moved the nation closer to default.
Tag: Bitcoin (Currency)
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In El Salvador, Bitcoin Is Nothing More Than Authoritarian Propaganda
The country’s cryptocurrency paradise is a mirage.
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Crypto Crash Widens Divide Between Rich and Amateur Traders
No cryptocurrency investor has been spared the pain of plunging prices. But the fallout from more than $700 billion in losses is far from even.
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Wonking Out: Wasn’t Bitcoin Supposed to Be a Hedge Against Inflation?
Another crypto myth bites the dust.