How a California surfer, an anonymous donor, a son of a future's trader and a social media-savvy president are making El Salvador the first country in the world to adopt bitcoin as legal tender and what it could mean. latimes.com/world-nation/s…
Mike Peterson is a California surfer whose search for the perfect wave led him to a sleepy beach town in El Salvador called El Zonte. Thanks in large part to him, and an anonymous donation, it is now known as Bitcoin Beach. latimes.com/world-nation/s…
Citing the town as inspiration, El Salvador President Nayib Bukele pushed a law through Congress this month that will make his country the first in the world to adopt it as legal tender. latimes.com/world-nation/s…
Bukele, a 39-year-old Twitter star who fashions himself as a Silicon Valley-style disruptor, instantly became a hero to cryptocurrency fans who view his plan as their chance to prove to the world that Bitcoin can replace traditional money on a wide scale. latimes.com/world-nation/s…
But Bitcoin’s wild fluctuations in value mean users can also get burned. Like when billionaire Elon Musk announced that his Tesla electric car company would no longer accept Bitcoin as a form of payment and the value quickly dropped. latimes.com/world-nation/s…
Where do you think bitcoin goes from here? Please let us know in the comments section of this story. latimes.com/world-nation/s…
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An agonizing war over water has divided Indigenous people and the descendants of settlers of this region, which like much of the American West, is now plagued by drought. latimes.com/world-nation/s…
Farmers often describe the water conflict as one that pits them against federal bureaucrats.
But that portrayal, members of the tribes say, dismisses a tougher truth: Just under the surface, the real fight is about race, equity and generational trauma. latimes.com/world-nation/s…
Suckerfish in Klamath Falls serve as the ecological and religious heart for tribes – if the fish perish, tribes say they will too.
Now with an intensifying drought this summer, it’s likely too hot and toxic for some suckerfish to spawn and survive. latimes.com/world-nation/s…