Here’s Why El Salvador’s Bitcoin Experiment Will Be A Total Disaster.

Jacob King
8 min readJan 17, 2022

In 2021, we saw something in the crypto space that we’ve never seen before. The first sovereign nation in history decided to take the risky decision in adopting Bitcoin as legal tender — a move praised by Bitcoin maximalist yet despised by the Salvadorian people, and economists across the world.

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Jacob King

CEO of OracleHawk // Financial Analyst, Author, Entrepreneur. Sharing Crypto News, On-Chain Data, Charts, Market Trends, and more!