Thursday, June 24, 2021

El Salvador’s Bitcoin experiment is not as disruptive as it may seem at first sight

El Salvador’s Bitcoin experiment is not as disruptive as it may seem at first sight The crucial question is the implication of the simultaneous circulation of two ‘assets’ – the dollar and Bitcoin – as a medium of exchange and as legal tender.  Monetary history is actually replete with such situations 

from Moneycontrol Business News https://www.moneycontrol.com/news/business/el-salvador’s-bitcoin-experiment-is-not-as-disruptive-as-it-may-seem-at-first-sight_15229281.html

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Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...