Is it brave or foolish to seek USD1bn to build a Bitcoin City? Risk can be hard to evaluate but there are also downsides to doing nothing.
US politicians and the IMF have doubts about El Salvador using bitcoin as legal tender but they should consider how much poor people spend on transferring money between countries.
Eric Adams, the newly-elected Mayor of NYC, signaled a change in political attitudes towards cryptocurrencies and the innovative businesses that use them.
The technology for digital currencies is mature and ready for the mass market, as appreciated by an increasing number of central bankers.
By making Bitcoin legal tender, President Nayib Bukele has shown himself more astute than his foreign critics want you to appreciate.