El Salvador becomes a crypto laboratory with bitcoin gamble

Like millions of Salvadorans, chauffeur Ricardo López has spent the past few weeks trying to get his head around Bitcoin. Once the digital currency becomes legal tender this week, he is not sure he will accept it, but if he does he will convert it immediately into US dollars.

Across the country ATMs will allow consumers to buy Bitcoin or convert it into cash with the government absorbing commission costs.
Across the country ATMs will allow consumers to buy Bitcoin or convert it into cash with the government absorbing commission costs.Foto: Michael M. Santiago/AFP/NTB scanpix
Publisert 6. September 2021, kl. 20.53Oppdatert 6. September 2021, kl. 20.53
El SalvadorBitcoinKryptovalutaDollarFinancial Times