Legalizing Bitcoin will ‘completely collapse El Salvador’s economy’

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Published Jun 16, 2021

This is part 1 of 2 of the full interview

Steve Hanke, professor of Applied Economics at Johns Hopkins University (https://twitter.com/steve_hanke) discussed the practicality of actually using Bitcoin as legal tender in a country like El Salvador with David Lin, anchor for Kitco News (https://twitter.com/davidlin_TV).

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Steve Hanke on Twitter: @steve_hanke (https://twitter.com/steve_hanke)

0:00 - Why Bitcoin will collapse El Salvador's economy
4:37 – Sending Bitcoin
7:06 – Will other countries legalize Bitcoin?
8:20 – Bitcoin’s fundamental value

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