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El Salvador
IMF Says It Has Legal and Economic Concerns as El Salvador Makes Bitcoin Legal Tender
A spokesperson for the International Monetary Fund (IMF) said El Salvador’s plans to adopt bitcoin as legal tender raises “macroeconomic, financial, and legal issues.” The team for “The Hash” considers the potential impact of IMF’s signals of resistance and the influence IMF holds over developing countries.
Domino Effect of El Salvador’s Currency Law
Edan Yago, the co-founder of decentralized finance (DeFi) protocol Sovryn with business interests in Latin America, explores the domino effect of El Salvador's bitcoin adoption on other countries. Plus, reaction to U.S. lawmakers' concerns of bitcoin's volatility.
Cryptocurrency’s Environmental Concern
Argo Blockchain CEO Peter Wall addresses bitcoin's growing energy problem in light of recent developments around El Salvador exploring volcano-powered bitcoin mining and China's continued crackdowns on bitcoin mining operations. Plus, his comments on Argo's recent stock performance and outlook.
Explosive Growth? El Salvador Explores Volcano-Powered Bitcoin Mining
Volcano-powered bitcoin mining goes from Twitter idea to official state policy in El Salvador, with President Nayib Bukele stating he would encourage volcano mining in the nation. He has instructed a state-owned geothermal electric company to make green energy available to do so. Is El Salvador becoming a bitcoin mecca? "The Hash" panel weighs in.
Bitcoin Price Rises Above $37K. What's Next?
The price of bitcoin has risen above $37,000 amid bullish news from El Salvador adopting bitcoin as legal tender and bearish news from China cracking down on more mining operations. Lindsay Joo of BitBull Capital shares her analysis of the possible factors impacting BTC's price and where we go from here. Plus, altcoins of interest to Joo and the inflation impact on crypto markets.
Americans Earned Over $4B in Bitcoin in 2020, More Than Triple the Investors in Other Countries
A new study that shows which countries have realized the most bitcoin gains reveals American investors earned over $4 billion in bitcoin in 2020, more than triple that in any other country. CoinDesk’s Director of Data and Indexes Galen Moore digs into the data.
El Salvador Officially Becomes First Country to Adopt Bitcoin as Legal Tender
Bitcoin is now officially a currency in El Salvador. “The Hash” team discusses what the move means for the crypto community and the world.
Blockstream CEO on El Salvador Involvement, Solar Ventures With Square
Blockstream CEO Adam Back on his involvement with El Salvador becoming the first country to officially adopt bitcoin. Plus, insights into Blockstream’s project with Square to build a solar-powered bitcoin mining facility.
What's Moving the Crypto Markets?
El Salvador is officially the first country to adopt bitcoin as legal tender, and the price of bitcoin is bouncing from its two-week low. Osprey Funds Founder and CEO Greg King considers the potential factors moving the crypto markets.