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: […]
