Are Cryptocurrencies the Future?
EpisodeS1E2629 min2022-03-12

42: The Answer to Almost Everything

Are Cryptocurrencies the Future?

In September 2021, El Salvador became the first country in the world to introduce Bitcoin as legal tender. From now on, all companies accept the cryptocurrency from their customers, as well as the US dollar. "A crazy idea," says former economist Peter Bofinger. The price of bitcoin is far too volatile, and it's a dangerous bet - one that the president thinks he can pull off.

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