Bitcoin is an official currency of El Salvador alongside the US dollar, after the Central American country became the first to adopt the cryptocurrency as legal tender. Supporters argue the move will make it cheaper and easier for migrants to send money home to El Salvador, which is important given such remittances account for over 24 percent of the country’s gross domestic product. But there are fears that the adoption of such a historically volatile currency could harm Salvadorans, and risk economic stability. What do you think about El Salvador making Bitcoin a legal tender?
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