4.8 • 689 Ratings
🗓️ 16 November 2023
⏱️ 22 minutes
🧾️ Download transcript
Jonathan Martin traveled across El Salvador, observing bitcoin adoption in the first country to make BTC legal currency.
On "Carpe Consensus," hosts Ben Schiller and Danny Nelson take a look at bitcoin adoption alongside Jonathin Martin, bitcoiner and graduate student at The Wharton School. Martin discusses the nature of adoption – by who, in what parts of the country and for what purposes – and explores the complexities of attempting to imbed a new digital currency in a nation.
Check out Jonathan's latest report from El Salvador, "Westerners See El Salvador as a Template for a New Monetary System."
If you liked this episode, listen to Jonathan Martin's previous appearance on "Carpe Consensus" on Spotify or Apple.
“Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl.
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0:00.0 | This is Carpe Consensus. |
0:11.0 | Join hosts Ben Schiller and Danny Nelson as they seize the world of crypto. |
0:28.5 | Hello and welcome to Carpe Consensus. This is a podcast from the CoinDEST Podcast Network, |
0:33.2 | and I am Benjamin Schiller. I am the features and opinionator here at CoinDesk. And joining me today is Danny Nelson. He has a reporter here, Danny. Hello. Are you over the FTX trial yet? Yes. Now more than a week |
0:40.9 | out. I've gotten through most of my inbox. Everything was deleted. Nothing was read. And I'm ready to |
0:47.1 | return to civilian life. Good. So if you send Danny an email, just know this. He won't actually read it. |
0:53.5 | So I don't bother with that. Yeah, good. |
0:55.7 | And are you caught up with sleep as well? You were quite sleep deprived last week. Oh, I'm getting |
0:59.9 | at least eight hours a night, maybe even more. It's very unnatural for me at this point. |
1:04.3 | Well, you're still a growing boy, so you need to get your sleep. Exactly. Good. So we're going to |
1:09.3 | discuss the small matter of El Salvador today. That's obviously |
1:13.0 | the first country in the world to accept Bitcoin as legal tender. And we are joined by Jonathan Martin. |
1:19.3 | He is a graduate student at the Wharton School at the University of Pennsylvania. And he spent a good |
1:24.8 | few weeks and months down there in El Salvador looking at the experiment |
1:28.3 | from the ground. |
1:29.3 | And we want to check in with him about his takeaways from experience and see what has |
1:33.3 | been learned from down there. |
1:35.3 | So Jonathan, welcome to the show. |
1:36.3 | Thanks so much for having me. |
1:38.3 | So just take it to the beginning. |
1:39.3 | I mean, why did you want to go to El Salvador in the first place? |
1:42.3 | Yeah, I am a passionate Bitcoiner, and I had this |
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