The Breakdown

El Salvador to Become the First Bitcoin Country: Just How Big a Deal Is This?

06.08.2021 - By Nathaniel WhittemorePlay

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On Saturday, the Bitcoin 2021 organizers teased that one of the biggest announcements in bitcoin’s history was coming.

That announcement ended up being from El Salvador President Nayib Bukele, who shared that he was advancing a bill to make bitcoin legal tender in the country. 

Since then there has been a huge amount of debate and discussion about the implications and the significance of the move. In this episode, NLW breaks down the story from multiple angles.

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