How El Salvador’s Bitcoin Experiment Highlights The Challenges Of Achieving Satoshi’s Vision Of “Peer To Peer Electronic Cash”

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ValueWalk

Bitcoin and other cryptocurrencies are still not usable for everyday commerce and transactions. Here’s how to change that. Q3 2021 hedge fund letters, conferences and more El Salvador’s Bitcoin ExperimentWhen El Salvador became the first country to adopt Bitcoin as legal tender earlier this month, it was seen as a major step in cryptocurrency going mainstream. A digital currency presents incredible potential and could enable instant, convenient and cheaper transactions, especially for the roughly 70 percent of Salvadorans who don’t have access to traditional financial services. Yet, the initia…

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