Bitcoin Effect Part I - Valkyrie

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The Bitcoin Effect

On June 9th, a supermajority of the El Salvadoran legislature voted to adopt bitcoin as legal tender. On the back of El Salvador’s groundbreaking decision, other Latin American countries have followed suit, proposing legislation to adopt bitcoin. This series examines “The Bitcoin Effect” in three parts: the past, present and future.

Part I: Learning from History

July, 2021

Explores the creation of the European Union as a framework for understanding the current economic policy surrounding bitcoin adoption in Latin America.