Problem
El Salvador: Launching Bitcoin as Legal Tender.
a) Would Salvadorans embrace this new digital currency, and, if so, what implications would this have?
b) Would Bitcoin expose a population with little financial education and a limited economic safety net to the fate of a highly volatile cryptocurrency market?
c) Would El Salvador learn how to hedge Bitcoin's benefits to their advantage, paving the way for other emerging economies to follow suit?
d) What are the risks for governments adopting cryptocurrency as legal tender?