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Transcripts For BBCNEWS El Salvadors Big Bitcoin Gamble 20240707

hello this is bbc news. the headlines. a bad night for president macron. he looks set to lose his overall majority in the french parliament the far left and the far right have made gains. rail bosses have confirmed that talks to try to avoid this week s strike action will continue with union leaders tomorrow. after the uk s promise of more heavy weapons to ukraine the new head of the british army says troops should be prepared to fight russia in europe. communities in finsbury park gather to mark five years since the terror attack in which a van was driven into worshippers outside a mosque. and swimming s world governing body votes to effectively ban transgender competitors like american lia thomas from taking part in women s races. now on bbc news. joe tidy reports on president nayib bukele s bitcoin plans in el salvador, with investment of more than $300 million of public money and plans to build a bitcoin city . el salvador is the only country in the world where you

Transcripts For BBCNEWS El Salvadors Big Bitcoin Gamble 20240707

now on bbc news, joe tidy reports from el salvador on the president s bitcoin plans, with investment of more than $300 million of public money and plans to build a bitcoin city . el salvador is the only country in the world where you can buy almost anything with bitcoin. buenos dias. si, caballero. last september, the country s cryptocurrency loving president took the unprecedented decision to make bitcoin legal tender. this will generate jobs and help provide financial inclusion to thousands outside the formal economy. around the world, the move is being criticised by the financial establishment and celebrated by crypto fans. so we are following developments closely. and now el salvador is leading the way, you know? we re proud. but are the people here embracing bitcoin? is el salvador s big bitcoin gamble paying off? el salvador s bitcoin journey started here in el zonte, with a weird and mysterious origin story. in 2019, an anonymous donor gave this small fishing villag

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