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What Next TBD: Will Bitcoin Ruin El Salvador?

Slate Daily Feed

Slate

Society & Culture, Business, News

3.91.1K Ratings

🗓️ 27 May 2022

⏱️ 22 minutes

🧾️ Download transcript

Summary

Is El Salvador heading for default after going all in on crypto? Guest: Anna-Cat Brigida Host: Lizzie O'Leary Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

At Eon Next, we believe life's better when you know you can get your hands on discounts

0:05.5

across a range of home energy solutions, like boilers and solar panels, so you can treat

0:10.4

your home to a bit of future-proofing.

0:12.8

We think that makes energy a little bit better, and that's why we're always working towards

0:17.6

helping you get more out of your energy.

0:20.2

So visit eonnext.com today.

0:22.4

Discounts available to Eon Next customers in 30th of December 2023, Teas and Seas, Eligibility

0:27.2

Criteria and Geographical Restrictions apply.

0:34.2

How long did you live in El Salvador?

0:36.2

I started in 2018.

0:38.2

I left during part of the pandemic, but was there most of 2018, 2019, and then 2020 and

0:48.6

2021 kind of back and forth.

0:51.0

Anna Catbridge is a reporter who covers Latin America.

0:54.6

She lives in Honduras now, but was based in El Salvador and has been reporting on the

0:58.8

country for years.

1:01.3

And she was there when El Salvador became the first country to make Bitcoin legal tender

1:06.5

last year.

1:07.9

The day that it was announced in June was very much a surprise.

1:14.2

That is why next week I will send to Congress a bill that will make Bitcoin a legal tender

1:18.5

in El Salvador.

1:19.8

The country's president, Naya Bakele, announced his plan on June 7th by a video to a conference

1:25.3

of Bitcoin fans.

...

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