Episode Details
Back to EpisodesEl Salvador Bitcoin Currency, Bitcoin City, Chivo Wallet & President Nayib Bukele's Big Picture Plans
Season 2
Episode 82
Published 4 years, 6 months ago
Description
Episode 82: The Friendly Bear takes a flight out to visit San Salvador, El Salvador for the final week of 2021 to see first hand what is going on with the fuss about Bitcoin. On September 7, 2021 El Salvador became the first country in the world to recognize Bitcoin as legal tender. Soon after, President Nayib Bukele mandated that all business accept Bitcoin as payment through the government Bitcoin app, Chivo Wallet, which included a $30 deposit from the government of El Salvador to encourage usage..
Websites & tools mentioned:
Chivo Wallet (Bitcoin app for Salvadorian Nationals)
Bitcoin City Article
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