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Bolivia & El Salvador Forge Historic Crypto Alliance as Economic Storm Looms

Bolivia & El Salvador Forge Historic Crypto Alliance as Economic Storm Looms

Published:
2025-07-31 16:03:19
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Bolivia Signs Crypto Cooperation Deal with El Salvador Amid Economic Crisis

Two Latin American nations double down on digital assets—while traditional finance scrambles to keep up.


Crisis breeds innovation

With hyperinflation ravaging Bolivia's economy, La Paz is turning to Bitcoin's pioneer for answers. The new pact with El Salvador—the first country to adopt BTC as legal tender—signals a radical shift in regional financial strategy.


What's in the deal?

While details remain scarce, insiders suggest knowledge-sharing on mining infrastructure, crypto-friendly regulations, and cross-border payment systems. The move comes as Bolivia's peso collapses—down 92% against BTC since 2020.


Wall Street won't like this

Another nail in the coffin for dollar hegemony? Probably. But when your currency's becoming Monopoly money, even Satoshi's wildest ideas start looking reasonable.

|Square

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