El Salvador's Bitcoin Adoption Paves The Way For Emerging Economies

3 years ago
6

It’s clear that adopting bitcoin as legal tender can help El Salvador in many ways. But it can light the path for other countries as well.

The green shadow cast by the U.S. dollar on developing countries is being lifted. In El Salvador, it's now approaching high noon.

Growing up in El Salvador during its civil war, I never thought I would witness my home country filled with so much hope for the future, let alone leading the way for others. The government's recently passed law making bitcoin legal tender is set to take effect on September 7 — making it the first country in the world to do so.

FULL ARTICLE:
https://bitcoinmagazine.com/culture/el-salvador-bitcoin-emerging-economies

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