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Sep 7, 2021

Bitcoin can now be used to pay for your grocery run in El Salvador

From the BBC World Service: The Latin American country will require businesses when possible to accept bitcoin from paying customers. It’s the first nation to have bitcoin as an official currency. But there have been protests and the World Bank and IMF have expressed concerns over the move. Plus, semiconductor shortages are on the agenda at a major motor industry trade show in Munich. And, how a coup in Guinea, one of the world’s biggest bauxite producers, sparked supply concerns, leading aluminum prices to surge to a 10-year high.

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Businesses in El Salvador can now accept payment in either Bitcoin or U.S. dollars.
Businesses in El Salvador can now accept payment in either Bitcoin or U.S. dollars.
Marvin Recinos/AFP via Getty Images

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Bitcoin can now be used to pay for your grocery run in El Salvador