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El Salvador's Bitcoin Revolution FlounderingThe use of bitcoin among Salvadorans has collapsed and the country is running out of cash after Mr. Bukele failed to raise fresh funds from. A year later, the results of the experiment are clear: El Salvador's bitcoin gamble is an unmitigated failure. Still, other countries in the. failure. But nothing is so simple in President Nayib Bukele's El Salvador. The country's decision to make bitcoin an official currency is.
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