It’s been six months since El Salvador‘s president declared Bitcoin a legal currency, offering many lofty promises about what the cryptocurrency could do for the nation and its people. So how has this bold move affected the country, its economy, and its citizens? Leo Schwartz, Latin America reporter for Rest of World (@leomschwartz), explains.

Read Leo’s story, co-authored with Anna-Cat Brigida (@AnnaCat_Brigida): https://restofworld.org/2022/el-salvador-bitcoin/

Today’s episode was produced and engineered by Jon Ehrens and hosted by Adam Clark Estes.

Support Recode Daily by making a financial contribution to Vox! bit.ly/givepodcasts

Learn more about your ad choices. Visit megaphone.fm/adchoices