Coercion and coexistence: How El Salvador’s Bitcoin Law may change global finance

magazine El Salvador Bitcoin Law SybTmy

 Clearly, the thing thats transforming is not the technology the technology is transforming you. Jeanne Ross, formerly of the MIT Sloan Center for Information Systems ResearchIf El Salvadors Bitcoin Law was the shot heard round the world for Bitcoin, then when the International Monetary Fund (IMF) and the World Bank questioned the legislation, it was the incumbent empire striking back.However, if El Salvador can implement its Bitcoin Law despite numerous technical and legal hurdles, it may force changes upon the organizations that oppose it and hasten reforms in how United States tax and commercial laws treat cryptocurrencies.The surprise shot heard round the worldAfter winning approval by a supermajority of its congress, El Salvador enacted its Bitcoin Law and became the first country in the world to adopt Bitcoin as legal tender. The Bitcoin Law passed mere days after El Salvadors president, Nayib Bukele, first announce

Czytaj więcej

Źródło: https://cointelegraph.com/magazine/2021/07/20/how-el-salvadors-bitcoin-law-change-global-finance

Total
0
Shares
Dodaj komentarz

Podobne Wpisy