Nicholas Hanlon | CoinDesk Author

Nicholas Hanlon

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A construction worker, who is paid in bitcoin, works on a building outside the Bitcoin Beach office in El Zonte, El Salvador.

Policy

Bukele’s Bitcoin Blunder for El Salvador

Preached as a way to support an underbanked population, bitcoin will increase fees and risks for Salvadorans.

A construction worker, who is paid in bitcoin, works on a building outside the Bitcoin Beach office in El Zonte, El Salvador.

By Steve Hanke Nicholas Hanlon

Jun 23, 2021 at 2:40 p.m. UTC

Jun 23, 2021

BitcoinOpinionEl SalvadorNayib Bukele