For nearly two years, an unprecedented experiment has been taking place in the town of El Zonte in El Salvador. Funded by a mysterious donor, the town’s residents built a Bitcoin economy, using the cryptocurrency to purchase just about anything. 

Now, El Slavador has passed a new law making it the first country to adopt Bitcoin as legal tender. Can they replicate El Zonte’s success at a national scale?

Guest: Ezra Fieser, reporter at Bloomberg

Host

Lizzie O’Leary

Learn more about your ad choices. Visit megaphone.fm/adchoices