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December 5, 2022
El Salvador President Nayib Bukele called a Bloomberg report on its bitcoin experiment “full of lies.” The crypto community largely seems to agree with him.
September 23, 2022
While critics have called El Salvador’s Bitcoin experiment a failure since the start, proponents see it as a revolution.
September 22, 2022
El Salvador’s government has accumulated $24 billion in debt since 1979 and the IMF predicts it will owe $38 billion within five years.
July 2, 2022
The country’s cryptocurrency paradise is a mirage.
May 10, 2022
Despite warnings of the risk to the economy, President Nayib Bukele gave orders to buy 500 more Bitcoins to add to existing reserve of 1,801
March 29, 2022
A Bitcoin bond that crashes and burns would be better for bondholders than one that struggles across the line
March 19, 2022
El Salvador is betting big on Bitcoin despite international pressures to abandon the strategy.
February 23, 2022
Four months into El Salvador's Bitcoin experiment, few use the cryptocurrency, fraud has been widespread, and the country has lost up to $22 million.
January 27, 2022
El Salvador president Nayib Bukele continues to tout Bitcoin's benefits, over the objections of citizens and international financial institutions.
January 26, 2022
The IMF warns El Salvador to drop Bitcoin as a legal currency