El Salvador Considers Legal Tender for Bitcoin

One of history's most exciting monetary developments may be about to begin

Yesterday, El Salvadore’s President shook the Bitcoin world by announcing a plan to make Bitcoin legal tender in his country. It’s only been a day, and details will emerge over time, but even this early it looks like a very big deal.

So I wanted to get some quick thoughts on paper.

First off, will it happen? Lots of bills are introduced about Bitcoin but…