El Salvador

Survey: Most Salvadorans Skeptical of Bitcoin as Legal Tender
JPMorgan is casting doubt on El Salvador adopting bitcoin as its legal tender, saying there is widespread skepticism and hesitancy in the country regarding bitcoin as a medium of exchange in a new survey. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

El Salvador’s Bitcoin Adoption Is ‘Trendsetting,’ Says Voyager Digital CEO
Voyager Digital CEO Steve Ehrlich responds to claims that El Salvador’s bitcoin adoption is not significant. “Being the first country to accept [bitcoin] as legal tender is trendsetting,” he said, adding “it will be a model for what others do.”

Jim Rogers: El Salvador’s Bitcoin Adoption ‘Unlikely’ to Trigger Domino Effect
International investor Jim Rogers says “it’s unlikely” to the potential domino effect of El Salvador adopting bitcoin as legal tender around the world. “El Salvador has rarely, if ever, been a trendsetter that the world follows,” Rogers said.

El Salvador potrebbe affrontare una "limitazione" nell'uso di Bitcoin come mezzo di scambio: JPMorgan
La banca sottolinea la natura illiquida del bitcoin, la sua volatilità e il rischio di conversione in dollari USA come i principali limiti al suo utilizzo come moneta legale.

Survey: El Salvadorans Wary of Bitcoin as Legal Tender
A new survey reveals that most of El Salvador's population is skeptical about bitcoin as a standard currency. "The Hash" hosts discuss the swift adoption and potential adverse side effects. "Bukele and his government did it so fast that people didn't have enough time to understand what was going on," co-host Danny Nelson. "They haven't done much to sell why this is useful."

Un sondaggio suggerisce che la maggior parte dei salvadoregni è diffidente nei confronti del Bitcoin come moneta a corso legale
Il sondaggio, che ha coinvolto 1.233 persone tra il 1° e il 4 luglio, ha anche mostrato che il 46% non sapeva "nulla" di Bitcoin.

Un diplomatico statunitense esprime la speranza di una risoluzione delle tensioni finanziarie tra FMI ed El Salvador: rapporto
Victoria Nuland, sottosegretario agli affari politici degli Stati Uniti, ha incontrato mercoledì il presidente Nayib Bukele.

3 Key Things That Happened in Crypto This Week
CoinDesk’s Christie Harkin breaks down this past week’s stories making waves in the crypto markets, including Andreessen Horowitz (a16z) raising $2.2 billion for its third crypto venture fund, El Salvador’s Bitcoin Law in effect beginning in September, and John McAfee’s sudden death, controversial life and legacy.

The Problem With El Salvador’s Bitcoin Law, Effective September 7
Bitcoin will become legal tender in El Salvador beginning September 7, El Salvador President Nayib Bukele announced Thursday during a national address. He added every citizen will be gifted $30 via an e-wallet, once they verify their identities. Frances Coppola, author of "The Case for People's QE," discusses the "immense risks" of El Salvador's bitcoin currency rollout. Plus, why she thinks dai (DAI) is a bigger concern than tether (USDT).

