The Infuriating Reality of Using Bitcoin in El Salvador [Q75jJDusIK]

2025-01-02T03:18:38-0600

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El Salvador is the first country to declare Bitcoin legal tender, meaning all businesses will need to accept it as a form of payment. Bloomberg's Mike McDonald reports on the country's crypto rollout and President Bukele's plan to build a 'Bitcoin City'. Read more: https://bloom.bg/3xbxLVV Like this video? Subscribe: https://bit.ly/3iERrup What really happens in El Salvador when you settle up with the cabbie, the waiter, and the peanut vendor. #Bitcoin #ElSalvador #Explained Bloomberg Quicktake is a global streaming news network for a new generation of leaders and professionals. Our coverage spans your whole world, from your career ambitions to your personal passions and larger societal concerns. We provide the insights you need to make sense of the trends and stories changing your business and your world. Bloomberg Quicktake: Explained brings you the context behind the headlines, helping you see the day's news through the prism of what will matter in the years ahead. Check out our partner channels Bloomberg Quicktake: Originals for original series and Bloomberg Quicktake: Now for breaking global news. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Connect with us! YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake