El Salvador is the first country to declare bitcoin legal tender. But the experiment raises big questions about what will happen next — for bitcoin and the country itself. Join CNBC’s Arjun Kharpal for the video edition of the Beyond The Valley podcast.
00:00 – Intro
03:27 – Bitcoin as an alternate legal tender
04:51 – How do multiple currency systems work?
05:53 – Volatility of bitcoin
08:00 – Digital divide in El Salvador
10:01 – Main motivations behind El Salvador’s decision
12:49 – Impact of El Salvador’s decision
14:47 – Countries considering bitcoin as legal tender
16:38 – Summary
#CNBC #Podcast #TechPodcast #VideoPodcast
—–
Subscribe to us on YouTube: http://cnb.cx/2wuoARM
Subscribe to CNBC International TV on YouTube: https://cnb.cx/2NGytpz
Like our Facebook page:
https://www.facebook.com/cnbcinternational
Follow us on Instagram:
https://www.instagram.com/cnbcinternational/
Follow us on Twitter:
https://twitter.com/CNBCi
