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El Salvador
El Salvador to Inaugurate Bitcoin-Funded Pet Hospital With Surplus Government Trust Fund
El Salvador will inaugurate a new public pet hospital, funded by a $4 million surplus in a government trust fund caused by bitcoin's rising value, according to President Nayib Bukele. "The Hash" crew questions whether this is the best-use case for the surplus bitcoin. "We're talking about $4 million, in a really poor country ... If you're trying to be an advertisement for bitcoin, go out there and help the people who badly need it," says co-host David Morris.
'OK Boomers': Nayib Bukele Responds to Bipartisan US Senate Proposal Raising Alarms Over El Salvador's Bitcoin Adoption
U.S. Sens. Jim Risch, Bob Menendez and Bill Cassidy proposed a new act that would require a State Department report on mitigating risks to the U.S. financial system from El Salvador's adoption of bitcoin as legal tender. The legislation quickly drew a sharp rebuke on Twitter from El Salvador President Nayib Bukele calling the senators "boomers." "The Hash" hosts dive into the history of Latin America and U.S. politics. The crew also discusses the essence of this legislation and how it's less about El Salvador and more about keeping the U.S. dollar the reserve currency.
El Salvador to Issue $1B Bitcoin Bond Between March 15-20
El Salvador's bitcoin bond is coming. Samson Mow, Chief Strategy Officer at Blockstream, tells "All About Bitcoin" that commitments are mainly coming from bitcoin whales and crypto hedge funds. He provides an update on bond issuers and the official launch date timeline.
CoinDesk TV Celebrates First Anniversary
From NFTs’ rise to fame on “Saturday Night Live” to dogecoin’s slew of celebrity endorsements to El Salvador adopting bitcoin as legal tender to BTC hitting new all-time highs, CoinDesk TV was there to cover it all. Take a look back at the first year in CoinDesk TV history.
Crypto Markets Beginning to Bounce Back
Bitcoin and other major cryptocurrencies are trending higher Friday, but what’s behind the bounce? Peter Marber, Chief Investment Officer at Aperture Investors, discusses his crypto markets analysis. Plus, his take on the contrast between El Salvador’s economy before and after BTC became legal tender, and thoughts on the IMF’s criticisms of the country’s bitcoin adoption.
El Salvador Using Crypto Software Firm AlphaPoint to Fix Chivo Wallet Problems
El Salvador has been using technology from crypto software firm AlphaPoint to fix a series of problems that has plagued its state-run bitcoin wallet Chivo. AlphaPoint co-founder and CEO Igor Telyatnikov discusses the announcement and its role in El Salvador’s bitcoin adoption.
Paxful CEO on Launching Bitcoin Educational Center in El Salvador
Crypto trading platform Paxful has opened “La Casa del Bitcoin,” a bitcoin educational center in El Salvador to enable free learning opportunities related to BTC and boost adoption. Paxful CEO Ray Youssef shares insights into the launch, addressing concerns BTC could be too volatile to serve as a national currency.
Federal Reserve Could Raise Interest Rate Hikes in March; What This Means for Crypto
The Federal Reserve signaled Wednesday it plans to begin raising interest rate hikes as early as March to combat rising inflation. Gerber Kawasaki Co-founder & CEO Ross Gerber discusses the potential repercussions of the Fed decision on the crypto markets and wider economy.
