News list for "bergengruen"

Vera Bergengruen, a Time magazine reporter, said El Salvador's president, Nayib Bukele, had pushed for bitcoin to become a legal tender primarily for public relations rather than real economic improvement. Bukele's advisers called the introduction of bitcoin "a great rebranding" aimed at changing perceptions of El Salvador. Since the announcement of bitcoin legalization in 2021, the policy has caused confusion, forcing Bukele's team to promote the potential benefits of bitcoin. Bukele has propos...

2024-09-12 22:51:37