El Salvador’s Bitcoin Bill Raises ‘Issues’: IMF Spokesperson
Gerry Rice said El Salvador's plan to adopt bitcoin as legal tender raises "macroeconomic, financial and legal issues."
The government requested a consultancy from the Central American Bank for Economic Integration (CABEI).
El Salvador's move to make bitcoin legal tender offers an opportunity to prove that cryptocurrency can power renewable energy development, says CoinDesk's chief content officer.
Capital can mean a source or flow. What type of world will flow from bitcoin?
Latin American leaders have faced decades of repression by the United States. Bitcoin gives them a way to fight back.
At the same time, the BIS executive cast doubts on the cryptocurrency as a "means of payment."