Coercion and coexistence: How El Salvador’s Bitcoin Law may change global finance

Cointelegraph

Published Jul 20, 2021 10:29AM ET

Updated Jul 20, 2021 10:40AM ET

Clearly, the thing thats transforming is not the technology the technology is transforming you. Jeanne Ross, formerly of the MIT Sloan Center for Information Systems Research

If El Salvadors Bitcoin Law was the shot heard round the world for Bitcoin, then when the International Monetary Fund (IMF) and the World Bank questioned the legislation, it was the incumbent empire striking back.

h4 The surprise shot heard round the world/h4 h4 The IMFs leverage and lending Pools/h4 h4 Potential World Bank implications of the Bitcoin Law/h4 h4 The Central American Bank for Economic Integration expresses support/h4 h4 Hastened tax and commercial law reform in the U.S./h4 h4 Bitcoins adoption forces change/h4

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