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Weighing the pros and cons of El Salvador's Bitcoin adoption / by: Allegra Hobbs.

SAGE Business Cases 2021 Annual Collection Available online

View online
Format:
Book
Author/Creator:
Hobbs, Allegra, author.
Series:
SAGE business cases
Language:
English
Subjects (All):
Cryptocurrencies--Law and legislation--El Salvador--Case studies.
Cryptocurrencies.
Cryptocurrencies--Law and legislation.
El Salvador.
Genre:
Case studies.
Physical Description:
1 online resource : color illustrations.
Place of Publication:
London : SAGE Publications: SAGE Business Cases Originals, 2021.
Summary:
"In early September 2021, El Salvador became the first nation to adopt the cryptocurrency Bitcoin as legal tender, in a move that the country's president says will help modernize its financial infrastructure. But the adoption pushed many citizens to the streets in protest, saying that Bitcoin would remain inaccessible to a large part of the country and would primarily benefit wealthy investors. With Bitcoin and other cryptocurrencies climbing in popularity and mainstream acceptance, El Salvador's adoption may be examined as a test case for other nations considering a similar move. This short case asks students to weigh the risks and benefits of Bitcoin as a legal tender"-- Provided by publisher.
Notes:
Online resource; title from home page (Sage, viewed October 11, 2025)
ISBN:
9781529796032
1529796032
OCLC:
1284998942
Access Restriction:
Restricted for use by site license.

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