El Salvador Wants to Attract Bitcoin Talent. Its Strategy Is Working

El Salvador is becoming a proving ground for Bitcoin’s biggest ideas.

“I really see El Salvador as being the Switzerland of Latin America, if this experiment goes successfully,” Ray Youssef, CEO of peer-to-peer crypto exchange Paxful, said over Zoom. 

On Sept. 7, El Salvador will become the first country in the world to adopt bitcoin as legal tender. That could open a new age for the struggling Latin American economy, President Nayib Bukele, the prime mover behind the so-called…


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