Are Cryptocurrencies the Future?
42: The Answer to Almost Everything · Season 1 · Episode 26
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.
Episode Details
Air date, runtime, timezone, and episode position.
Season
1
Episode
26
Air Date
12/Mar/2022
Air Time
—
Runtime
29 min
Overview
Episode summary.
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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