El Salvador’s president is all in on crypto. What about the rest of the country?
about El Salvador’s Bitcoin gamble: The country’s president is still all in, but could this lead to default? Our conversation has been edited and condensed for clarity.
But I think one important aspect to understand is El Salvador’s economic situation. Basically, El Salvador needs to pay back its bonds, and it’s in a bit of a tricky situation because it has high debt that has been growing under Bukele and his predecessors.
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