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Bitcoin's Adoption as Legal Tender: A Tale of Two Developing Countries

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The Central African Republic and El Salvador are the only two countries in the world that have adopted bitcoin as legal tender. This article examines the stated motivations of bitcoin's… Click to show full abstract

The Central African Republic and El Salvador are the only two countries in the world that have adopted bitcoin as legal tender. This article examines the stated motivations of bitcoin's adoption as a legal tender in these two countries and looks at their implementation strategies.

Keywords: tender; bitcoin adoption; tale two; tender tale; adoption legal; legal tender

Journal Title: IT Professional
Year Published: 2022

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