El Salvador is the first country in the world to adopt Bitcoin as legal tender. It's the largest public experiment in crypto adoption and the world looks on, although not everyone wants them to succeed.
All in on Bitcoin
El Salvador has gone all-in on Bitcoin.
Twenty years ago, El Salvador adopted the US Dollar as its official currency. This week, they added Bitcoin as legal tender alongside it.
This is historic because it means that the cryptocurrency has become legal tender for the first time anywhere in the world.
Bitcoin aficionados around the world see this as a sign of great things to come in the nation that translates in English to "the saviour".
What struck me is the extent to which President Bukele and the El Salvador government have gone to promote and educate this move. The public service broadcasts promoting the use of the Chivo wallet explain in layman's terms, that even my mum would get, how to use Bitcoin.