Recently the Latin American Country El Salvador made Bitcoin legal tender. It is the first country to officially accept Bitcoin. Is this an isolated one-time event or the beginning of a movement? Only time will tell, but we can take a look at the details to make a better-educated guess.
In this video, we take a look at these recent events and discuss what kind of future impact they may have. We also compare this adoption of disruptive technology to the "leap-frog" tech phenomenon that has happened in the past with countries adopting cell phones and skipping landlines.
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Timestamps:
00:00:00 Intro
00:00:42 Current status of Bitcoin in El Salvador
00:01:17 Why did they adopt bitcoin?
00:03:18 Will other countries adopt bitcoin?
00:04:56 Recap and goodbye
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