El Salvador’s bitcoin legal-tender law goes into effect today. NLW looks at the recent controversy surrounding the law, including:

• Institutional controversy – why the International Monetary Fund (IMF) and World Bank don’t like the law 
• Bitcoiner skepticism – why some aren’t convinced the law should force merchants to accept BTC
• Authoritarian blues – why some are concerned with the Bukele government itself 

June 12th/Bitcoin Beach Breakdown episode: https://www.coindesk.com/podcasts/the-breakdown-with-nlw/bitcoin-is-economic-empowerment/

 

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