President Nayib Bukele Explains Why El Salvador Made Bitcoin Legal Tender
00:00:16 - Why did President Bukele decide to do this?
00:07:09 - What are the risks of making Bitcoin legal tender?
00:09:10 - The pressures of being a President
00:17:23 - Can this law be stopped?
00:23:52 - How will this fit into President Bukele's legacy?
00:27:12 - The Presidential term
00:30:10 - President Bukele's understanding of Bitcoin
00:32:57 - Why classical economists dislike Bitcoin
00:34:18 - The World Bank announcement
00:37:30 - Meetings with the IMF
00:39:23 - The 90 day rollout strategy
00:40:13 - Article 7 requirements
00:46:55 - Any plans to hold Bitcoin in the reserves?
00:50:03 - Government wallets
00:53:52 - Altcoins
00:55:47 - When is this starting?
00:56:12 - Investing Bitcoin for permanent residency
00:58:32 - Favourable tax codes
00:59:26 - Mining with geothermal energy
The episode aired on June 23, 2021.