EPISODE · Jun 21, 2022 · 7 MIN
Bukele Fiddles while the Crypto Market Burns
from Central America in Minutes · host El Faro English
Global financial duress is pummeling cryptocurrencies including Tether, an important piece of Nayib Bukele’s bitcoin project. One year into the Bitcoin Law, most Salvadorans say its benefits have been minimal, the government keeps related spending a closely guarded secret, and its bitcoin portfolio has lost $57M in taxpayer money. The president calls for patience.
What this episode covers
Global financial duress is pummeling cryptocurrencies including Tether, an important piece of Nayib Bukele’s bitcoin project. One year into the Bitcoin Law, most Salvadorans say its benefits have been minimal, the government keeps related spending a closely guarded secret, and its bitcoin portfolio has lost $57M in taxpayer money. The president calls for patience.
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Bukele Fiddles while the Crypto Market Burns
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