Bitcoins

Bukele’s Failed Bitcoin Experiment in El Salvador

By Edgardo Ayala
A year after Salvadoran President Nayib Bukele decided to make El Salvador the first country where bitcoin is legal tender, the experiment has so far failed, as few of the original plan's objectives have been achieved.

El Salvador’s Bitcoin Mining Proposal Faces Many Hurdles

By Edgardo Ayala
That a country like El Salvador, poor and with many social needs, would embark on an effort to attract so-called bitcoin mining, which demands a huge amount of energy and does not generate large numbers of jobs, is an extravagance that many find hard to digest.

Bitcoins Catching On in Latin America

By Emilio Godoy
The Bitcoin, a virtual currency that circulates outside regular financial systems, is catching on in Latin America.


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