May 23, 2024


This is an opinion editorial by Jaime García, a Salvadoran-Canadian Bitcoin and co-host of Global Bitcoin Fest.

Today marks El Salvador’s first anniversary since it adopted bitcoin as a legal tender currency. Depending on who you ask, El Salvador’s efforts have been an utter failure, a resounding success or various stages in between. There is no shortage of opinions, but it’s only proof of work that can show if El Salvador has benefited from Bitcoin, and by that criteria, the decision has been a clear success.


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