El Salvador’s Bitcoin gamble

Search for "memecoin" on social media and you'll find plenty of videos offering advice on how to invest and grow your money, with some claiming they can help you make a million. But you don't have to look far to find people who have lost money, and lots of it. So where does the m ...  Show more

Headspace started life as a mindfulness app. Now it's partnering with the US Navy and investing in artificial intelligence for mental health support.The company's CEO Tom Pickett speaks to us about therapy, the increasing role of technology, and tackling burnout at scale.If you'd ...  Show more

Today El Salvador was the first country to adopt Bitcoin as a recognized currency.

But this takes us back to the fundamental question of what is money? Why would a country adopt a currency that is as volatile as bitcoin? It’s not an effective store of value, and its use ...

By making bitcoin a national currency, El Salvador tried to transform its economy. Rest of World’s Leo Schwartz explains why the bet hasn’t yet paid off. This episode was produced by Will Reid, edited by Matt Collette, engineered by Paul Mounsey, fact-checked by Laura Bullard, an ...  Show more

In September of 2021, the country of El Salvador made Bitcoin legal tender. Shortly after, the price of Bitcoin dropped about 20%. In this episode, I talk to a trading buddy who lives in El Salvador to discuss what it looks like to have Bitcoin as legal tender as well as his perc ...  Show more

This episode is sponsored by Nexo, Abra and FTX US.    When Nayib Bukele announced that El Salvador would be making bitcoin legal tender, the international monetary establishment acted with some amount of skepticism. When he announced the nation would be issuing bitcoin bonds, ...  Show more