Express

Peter McCormack Will Create a Film About El Salvador’s Bitcoin law

Amy Liu

Summary: British Bitcoin podcaster Peter McCormack traveled to El Salvador to document the new Bitcoin law. He was invited to create a film about El Salvador’s Bitcoin law by Jack Mallers, whose company, Strike, is piloting Bitcoin payments technology that cuts costs for Salvadoran emigrants sending money back home.  For at least a month, McCormack trailed ...

British Bitcoin podcaster Peter McCormack traveled to El Salvador to document the new Bitcoin law. He was invited to create a film about El Salvador’s Bitcoin law by Jack Mallers, whose company, Strike, is piloting Bitcoin payments technology that cuts costs for Salvadoran emigrants sending money back home. 

For at least a month, McCormack trailed Mallers with a film crew to document the experiment. Mallers is confident that with Bitcoin, Strike can cut transaction fees to near-zero. If it works, Strike could bring the technology to other countries. If it fails, El Salvador could continue hurtling into debt.

By Amy Liu

Last Update:

Tags: ,,,
Link: Peter McCormack Will Create a Film About El Salvador’s Bitcoin law   [Copy]
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 2 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 3 days ago
  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 13 days ago
  • Is the Crypto Bull Market Over? 14 days ago
  • EIGEN Airdrop: The Evolution of Ethereum 15 days ago
  • You need to login to comment.