17 min listen
Welcome to Bitcoin Beach
FromBloomberg Crypto
ratings:
Length:
19 minutes
Released:
Jun 22, 2022
Format:
Podcast episode
Description
El Salvador’s millennial president Nayib Bukele is no tourist when it comes to Bitcoin. Last year, under his leadership, El Salvador became the first country in the world to approve Bitcoin as a form of legal tender. Since then, President Bukele has bought more than 2,000 Bitcoins using public funds. He doesn’t appear to be stressed by the market volatility, or by the drumbeat of international organizations like the IMF that have criticized his crypto decisions. He’s even created a so-called “Bitcoin beach” in the coastal town of El Zonte as a pilot project. In this episode, Bloomberg reporter Mike McDonald joins to talk more about the sustainability of El Salvador’s Bitcoin strategy.See omnystudio.com/listener for privacy information.
Released:
Jun 22, 2022
Format:
Podcast episode
Titles in the series (100)
Hello, And Not So-Stable Stablecoins by Bloomberg Crypto