El Salvador’s decision to make bitcoin legal tender shocked the world. Soon, the dust will settle and catchy headlines will become real, lived experiences for Salvadorans.
Join hosts Adam B. Levine, Andreas M. Antonopoulos and Stephanie Murphy for a read-through and thoughtful conversation of El Salvador’s bitcoin legislation in full. The hosts discuss the highs and lows of the bill and potential risks to the country, its citizens and bitcoin globally.
Though many had predicted governmental adoption of bitcoin would come, none had predicted it would happen so soon. The rest of the world has watched attentively as El Salvador embarks on a nation-scale trial run of bitcoin as legal tender. This unprecedented circumstance brings an abundance of technical and social challenges.
What will the great successes be with this experiment? Where can it go wrong? And how will the Lightning Network factor in? Most worryingly, will El Salvadore’s trust fund be the world’s biggest honeypot?
The bitcoin bill is set to go in effect in about two months. Will El Salvador be able to address these concerns in time?
Links from the episode:
Have any questions or comments? Send us an email at adam@speakingofbitcoin.show
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Today's show featured Andreas M. Antonopoulos, Stephanie Murphy and Adam B. Levine. This episode was edited by Jonas, with music by Jared Rubens and Gurty Beats.
Our album art is based off a photo by Photo by Wilson Edilberto Santana Suarez on Unsplash, modified by Speaking of Bitcoin
--- Send in a voice message: https://podcasters.spotify.com/pod/show/originalltb/messageA Final Discussion
Update 6/19/2022
SOB #502 When the Referees Play Favorites (Part 1)
SOB #501 When More Is Less
SOB #500 Three Rules to Remember After Mailchimp Breach
SOB #503 The Check Engine Light and the Space Shuttle
SOB #499 New Lessons From the Island of Stone Bitcoins
SOB #498 Rights Versus Privileges in a Global Financial System
Quick SOB Update (More frequent episodes coming... now)
SOB #496 The Ups and Downs of Crypto Loans
SOB #497 A Brief Look at Bitcoin Maximalism
SOB # 495 First Practices Aren’t Best Practices
SOB #494 Bitcoin Security and a Rogue Power Plant
SOB #493 The Endowment Effect, HODLing and the Impossible Self-Appraisal
SOB #492 Can Stablecoins Survive?
SOB #491 The Jokes Wear Thin as Inflation Becomes Normal
SOB #490 Checking in on Bitcoin’s Lightning Network
SOB #489 Big Gaming Signals NFTS Are Closer to Mainstream
SOB #488 How Far We've Come (And How Much Stayed the Same)
SOB #487 If Facebook Can't Run A Global Currency, Who Could?
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