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Some people cashed in their retirement savings to buy crypto. Nayib Bukele did it with El Salvador’s treasury and now the experiment is failing miserably.
It brought El Salvador’s president, Nayib Bukele, the adulation of the tech community, but reduced scarce funds and moved the nation closer to default.
In one important week this month, SEC Commissioner Hester Pierce spoke at my “Blockchain & the Law” class at Florida International University College of Law and I attended the Bitcoin 2022 conference in Miami.
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