Consensus emerges from the interactions of what I've called in the past, the five constituencies

of consensus, which includes developers, miners, exchanges, merchants, and wallets, meaning

users.

And now it's the six constituencies of consensus.

Developers, miners, exchanges, merchants, wallets in the government of El Salvador.

Hey folks, I'm Adam B. Levine, and this is speaking of Bitcoin. Last month, the nation of El Salvador was surprised when their president, Naubu Kelly, announced at a Bitcoin conference

that his would be the first country in history to make Bitcoin legal tender. Now that the dust is

settled, we're going to talk about it. On today's show, we'll dig into the bill itself, some

critiques of specific clauses, the role Bitcoin Beach, an organization has played, and the intersection

with the swiftly growing lightning network. We're also going to draw back the lens and look at big

picture implications, putting it all in context with the journey so far.

It's going to be a hell of a show.

As always, I'm joined by the other host of the show, Stephanie Murphy.

Hi.

And Andreas M. Antonopoulos.

Hello.

Jonathan is out this week.

So this was announced over a weekend in Miami and then passed into law the following week.

That's incredible on a couple of fronts, but it's resulted in some critiques as well.

Before we talk about that, Stephanie, let's dive into the bill itself.

Actually, as legislation goes, I have to say I found this remarkably digestible.

It was like a two-page bill, which is like in the United States.

...