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Following the historic news of El Salvador declaring Bitcoin as legal tender, Christian Kerolis, host of the Bitcoin Magazine Podcast, met with three executives of prominent Bitcoin-related projects in South America to respond to the news as well as discuss Bitcoin adoption across Latin America.
Diego Gutierrez Zaldivar, CEO, IOV Laboratories and RSK; Mauricio Tovar, CEO of Tropykus Finance; And Max Kagurza, CEO of the Money on Chain protocol, all provided their expertise in both building Bitcoin projects and educating users about Bitcoin.
They have covered the challenges they face and the tremendous progress that has been made so far. The committee spent time discussing the extent to which legacy financial infrastructure is disrupted in South American countries and how RSK operates as an unlicensed financial stack for users in Latin America and around the world. We are starting to see major e-commerce sites benefit from both Bitcoin and RSK-based stable assets, and Money on Chain as well.
Then, the group took the time to break down El Salvador’s situation and give its views on Article 7 and other aspects of how this law should be implemented. The group tended to favor the bill, while many critics shared mixed opinions about specific implementation details. Finally, the committee speculated about which countries might be next, discussing the nuances of the “crypto bill” in Panama, and much more.
Please enjoy this deep information dive on Bitcoin adoption in Latin America!