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‘Bitcoin Ambassadors’ Meet With President of El Salvador
Peter McCormack, host of the "What Bitcoin Did" podcast, shares his advice and warnings for the President of El Salvador Nayib Bukele as the country seeks support for its bitcoin adoption.
World Bank Rejects El Salvador’s Request to Help Implement Bitcoin
The World Bank denied El Salvador's request for technical assistance on bitcoin, citing environmental concerns. So will El Salvador get the support it needs in its adoption of bitcoin as legal tender, and which crypto leaders are cheerleading for El Salvador and other potential crypto nation-states?
Fed Holds Rates at Near Zero, Projects Two Possible Rate Hikes by Late 2023
CoinDesk’s Galen Moore reacts to the Federal Reserve, suggesting a faster time frame for interest rate hikes as inflation rises. Plus, his thoughts on Steve Hanke stating El Salvador’s decision to adopt bitcoin as legal tender could collapse its economy.
Panama to Present Crypto-Related Bill in July
Following El Salvador, Panamanian Congressman Gabriel Silva says he will present a bill in July to make bitcoin legal tender in the nation. "The Hash" explores what it could mean for other Central and South American countries.
Report: Hedge Funds See 7.2% of Assets in Crypto by 2026; 81% of Fund Managers Still Think Bitcoin Is a Bubble Despite the Price Pullback
Hedge funds reportedly see 7.2% of assets in crypto by 2026, yet a Bank of America survey revealed 81% of fund managers still think bitcoin is in a bubble despite the price pullback. Jason Deane of Quantum Economics gives his interpretation of the different reports.
Week in Review: El Salvador's Currency Law and International Ramifications, U.S. Lawmakers Put Bitcoin on Trial, China's BTC Mining Crackdowns and More
Taking a look at this past week's stories making waves in the cryptocurrency space: El Salvador adopting bitcoin as legal tender, the IMF's cautious warning, and various U.S. lawmakers questioning bitcoin's volatility. Plus, an update on China's bitcoin mining crackdowns.
IMF Says It Has Legal and Economic Concerns as El Salvador Makes Bitcoin Legal Tender
A spokesperson for the International Monetary Fund (IMF) said El Salvador’s plans to adopt bitcoin as legal tender raises “macroeconomic, financial, and legal issues.” The team for “The Hash” considers the potential impact of IMF’s signals of resistance and the influence IMF holds over developing countries.
