Lesson #406
Current EventsEl Salvador is the first country to adopt Bitcoin as a legal currency
Earlier this summer, El Salvador’s president, Nayib Bukele, announced that El Salvador would be the first country to adopt Bitcoin as a legal currency – without consulting the country’s key business leaders. Some think that the move might help the cash-based economy, but many others think he is placing a risky bet on El Salvador’s already fragile economy. Plus, learn “stretched thin.”