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New proposals from the Bank of International Settlements are unlikely to lead banks to hold bitcoin. But they could open the door to CBDCs, says our columnist.
There can be no return to the highly leveraged, fractionally reserved cryptocurrency system whose illusory riches are now giving way to real losses, says our columnist.
La adopción de esa criptomoneda como de curso legal podría ayudar a impulsar la economía del país, dice nuestra columnista, pero hay riesgos si el gobierno se excede en la concesión de nuevos préstamos.
Adopting Bitcoin as legal tender could help the El Salvador economy grow, says our columnist, but there are risks if the government over-indulges new borrowing.