SOB #476 Digging Into El Salvador Bitcoin

El Salvador’s decision to make bitcoin legal tender shocked the world. Soon, the dust will settle and catchy headlines will become real, lived experiences for Salvadorans. Join hosts Adam B. Levine, Andreas M. Antonopoulos and Stephanie Murphy for a read-through and thoughtful conversation of El Salvador’s bitcoin legislation in full. The hosts discuss the highs and lows of the bill and potential risks to the country, its citizens and bitcoin globally. Though many had predicted governmental adoption of bitcoin would come, none had predicted it would happen so soon. The rest of the world has watched attentively as El Salvador embarks on a nation-scale trial run of bitcoin as legal tender. This unprecedented circumstance brings an abundance of technical and social challenges. What will the great successes be with this experiment? Where can it go wrong? And how will the Lightning Network factor in? Most worryingly, will El Salvadore’s trust fund be the world’s biggest honeypot? The bitcoin bill is set to go in effect in less than two months. Will El Salvador be able to address these concerns in time? Links from the episode: Bitcoin as Legal Tender? Why El Salvador’s Plan Isn’t as Crazy as You Think (Adam's Opinion piece) https://www.coindesk.com/bitcoin-el-salvadors-legal-tender Bitcoin Neutrality (Andreas's original 2013 talk) https://www.youtube.com/watch?v=EiW4lKrMXQ4 Have any questions or comments? Send us an email at adam@speakingofbitcoin.show Prefer the podcast version? Subscribe for free: Apple: https://podcasts.apple.com/us/podcast/lets-talk-bitcoin/id1463398832?uo=4 Direct RSS: https://anchor.fm/s/b421fd4/podcast/rss Spotify: https://open.spotify.com/show/2u3oXWilTSFmZ034vQeUGq Google: https://www.google.com/podcasts?feed=aHR0cHM6Ly9hbmNob3IuZm0vcy9iNDIxZmQ0L3BvZGNhc3QvcnNz Overcast: https://overcast.fm/itunes640581455/the-lets-talk-bitcoin-network Stitcher: https://www.stitcher.com/podcast/anchor-podcasts/lets-talk-bitcoin-2 Radio Public: https://radiopublic.com/lets-talk-bitcoin-8jOrdv Pocket