Feasibility and viability of bitcoin as legal tender.
Benefits for the economic and social development of El Salvador.
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In El Salvador 70% of the population is unbanked, with an income level mostly low, which allows to think carefully about their purchasing power how and how to invest. The purpose of this research is to analyze whether it is feasible and viable bitcoin as legal tender, a trend that has been having great curiosity from the public, this research is exploratory, because it has not been taken and implemented in other economies as legal tender. In addition to this explanatory because it is intended to instruct people with respect to the operation of bitcoin and indicate the general aspects at the ti...
In El Salvador 70% of the population is unbanked, with an income level mostly low, which allows to think carefully about their purchasing power how and how to invest. The purpose of this research is to analyze whether it is feasible and viable bitcoin as legal tender, a trend that has been having great curiosity from the public, this research is exploratory, because it has not been taken and implemented in other economies as legal tender. In addition to this explanatory because it is intended to instruct people with respect to the operation of bitcoin and indicate the general aspects at the time of choosing to invest in it, demonstrate the risks that are run by comparison with investment products, additionally to provide the reader with criteria and alternatives regarding investment in bitcoins, as it has sold the idea that it is an attractive investment method so it has been gaining strength in El Salvador.
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