el salvador. let's talk about it. stacy? well, bit queen becomes legal tender today, and el salvador is the beginning of an experiment you can might say. but bear in mind that salvador until today, had one legal tender which was the us dollar, which is itself a 50 year experiment. begun. august 15th 1971. so it's an experimental, innovative nation, and is going full bit coined today, right. who thought? well, i think we had a suspicion. it's almost exactly 10 years ago today when we 1st introduced to the world, the idea of bitcoin, it was trading at a dollar. and this was back in 2011. and i said it would be the biggest story the decade. and certainly that has proven to be the case, and now we've got el salvador making bitcoin legal, tender i, we should know that this is really in part due to the her, to lee and effort of jack milers over there at the strike app. so this is the beginning of a new era. you know, this is why i'm wearing their color of their flag max has his flag hat on the el salvad

taylor: your guess has been covering el salvador's -- our guest has been covering el salvador's adoptionf bitcoin. joe it is interesting if you think about it coin versus a lot of the other cryptocurrencies. they are focused on technological roadmaps, software and banking. bitcoin is very much a bitcoin will take over all money philosophy. something like a nationstate saying bitcoin is now legal tender is pretty remarkable. thinking about buying the dip today, that is part of their vision. it is about the inevitable bitcoin conquering the world. taylor coiled -- taylor: the bitcoin conquering the world, please explain why bitcoin is the preeminent. joe: all of the other existing cryptocurrencies typically have some sort of leader or ceo. bitcoin of course does not. it is highly rigid. the software is very difficult to change. it is the idea that it is the closest thing the digital world has to something. and unable to be changed. romaine: let's get some insight from someone on the ground. michael, i am curious about public reception in el salvador about this effort. >> there is some conf

what does this mean for el salvador? michael: as you mention it became legal tender in el salvador, so what it means for bitcoin is there are businesses that will be required to accept it if they are technologically able. we have seen several businesses today, particularly larger ones like mcdonald's, pizza hut, starbucks -- we have seen bitcoin go through some of these larger chains in el salvador. also citizens in el salvador if they want can pay their taxes in bitcoin. it will operate alongside the dollar for now, so the dollar will still be a national currency there as well, so if people don't want to use bitcoin, they can use the dollar as well, but businesses will be required to accept it if they are technical -- technologically able as of today. emily: that said, with the president saying to buy the dip, should we be a little skeptical of what is happening here? >> that's a good question. i think it will take time. i agree that this is going to take a lot of time and infrastructure in order to accept these payment

cash is still king in el salvador. so, when you bring in this new technology like cryptocurrency, there is a hesitancy and there is some pushback, and first. we are seeing a lot of people that are skeptical on the ground, there were a lot of questions with the shiva wallet -- chiva wallet. it was a little bit of a rocky start. there is some skepticism in el salvador. emily: that said, we have learned that we can never judge bitcoin on any given day, but what do you make of what is behind the price movement? how much does this have to do with el salvador is it something else? >> it had nothing to do really with el salvador. what we saw today was very much what we saw historically with bitmex liquidations. over the last couple of weeks, you were seeing a lot of whether it is retail, institutions and overseas exchanges pile into derivatives projects -- products or futures in products they did not necessarily know or were funding correctly and there was a leverage waterfall. cascading liquidations happened this morning. wh

el salvador has tweeted they are buying the dip.ll have plenty more on this as we go ahead but as companies look ahead to their third quarter, we are be getting to hear from them. ppg became one of them, saying its third quarter maybe weaker than expected. other industrials are taking note of that. dave wilson is with us. that does seem to be the theme -- a little caution at play. dave: so much caution that they withdrew their forecast. they are looking to be pre-much in line for the third quarter. as far as the year goes, they are anticipating an increase of more than 30%. if you look at analyst average estimates, they are at the high-end of the company's forecast range. there was a fair amount of optimism but it is not panning out. ppg does a lot of business with automakers and there are challenges trying to get semiconductors that has been an issue in terms of production. they are being hurt by that and by worsening supply disruptions as well as higher freight costs. familiar themes from the second quarter results we've seen over

just the reality of what it is in el salvador. so there's going to be a huge hurdle in terms of education. and in terms of people adopting technology for the very 1st time that they've, they've never used before. i think that's going to be a huge hurdle, but i, i honestly think the biggest hurdle el salvador will face will come from the outside of the country. it won't be just the financial literacy and digital economy literacy that has to take place. but also just the influence in the undue influence of other countries and those baking institutions and those, you know, groups like the international monetary fund who don't like this idea. what they don't want to see is the idea of bitcoin as legal center becoming something that catches on throughout the world. and so if you could make an example of el salvador and show that things were poorly there, or that people were harmed, it ultimately serves the existing banking structures. and so there is an incentive there for, for certain groups to see el salvador fail in this model. and

dollar in e el salvador. from today, in theory, you can use bitcoin to buy virtually anything we're talking a coffee from mcdonalds with, a haircut. it's possible because a key part of the new law actually requires businesses to accept bitcoin it also strongly incentivizes the population to take part in the bipt coin economy by offering them free bitcoin just for signing up for the government's official virtual wallet but not everyone is excited about this nearly 70% of the population surveyed last week said they don't support the move we saw street protests in the capital on friday. not to mention the fact that both the imf and the world bank have been vocal skeptics of the adoption citing worries it may fuel money laundering. they're concerned about bitcoin's volatility and how it may ultimately jeopardize the country's economics stability. >> are people tieing together the adoption of bitcoin in el self door to the price action today? does it have more to do with the platforms and the people trying to buy

, pero en estados unidos los salvadoreños se preguntan cómo afectaría a remesas, el salvador recibió o haría claro que sí porque sé que no se pagaría gastos de envío, es la idea del presidente . >> naomi dice que paga 8 a 10 dólares por transacción . >> no habría que pagar para un envío . >> muchos se preguntan cómo funcionaría esto, el gobierno dice que en vez de tratar con una empresa de envíos, usarían una billetera electrónica, una aplicación móvil y salvadoreños que la instalen tendrán un bono de 30 dólares, también podrán usar cajero automático para retirar dólares en efectivo: (información en pantalla) en el salvador chivo es describir algo bueno : (información en pantalla) el salvador tiene la segunda penetración más baja de internet en latinoamérica . >> para las personas que no estamos actualizados, se aprende pero se hace difícil . >> volviendo a josé bernal, asegura que quien no quieran usar esto, también lo pueden usar como diversión, tiene claro que la criptomoneda fluctúa, pueden subir y bajar. >> mucha gente tiene miles de dólares invertidos, aquí también, pues sí much

el salvador's crypto rollout has a rocky start. the president says he used the opportunity to buy the dip. china's property crackdown alarmed analysts as the president comments trigger a public debate. >> great to have you back after the long weekend. as with so many points in this year, you get to this milestone and think, we thought we would be somewhere different. the return to work was supposed to be most people back in offices, fully vaccinated, probably not wearing masks and most of the pandemic hind us. that is not the case. shery: i had a long holiday last week because i was anticipating after labor day we will be back to normal. everybody said that but it doesn't feel like anything has changed. everybody is wearing masks. we continue to hear about this work from home set up that everybody continues to prefer. it is interesting because deutsche bank came out with a report to clients saying you are increasingly likely to develop muscular-skeletal problems due to inadequate remote work setups but people seem to prefer it. hai

. >> the top stories this hour, bitcoin tumbles as el salvador posco rollout has a rocky start. -- elalvador's crypto rollout. haidi: treasury yields rise and traders fear the economic recovery is faltering. >> china's property crackdown alarms analysts -- triggers a rare public debate. we saw a mixed finish with the s&p 500 and the dow losing ground. of course, traders are cautious, given those growth concerns in the delta variant. we saw mega tech gains at a record high. growth being translated to mega tech doing well this month. that is really part of the flight to safe havens. we saw the dollar gaining ground on rising bond yields. we also had wpi losing on the stronger dollars well. take a look at nasdaq china index. chinese adrs at the highest level since late july. we haven't seen any new revelatory announcements, not to mention tencent plans to buy back more shares, really helping the sentiment across chinese stock. we saw large tech names like tencent rounding out. education related stocks gaining ground almost 12%. it was really about crypto. bitcoin falling to the lowest le

bitcoin is at the heart of ecological concerns for el salvador.u for being with us jorge cuÉllar, assistant , professor at dartmouth college. we will link to your article in the new left review headlined "bitcoin sanctuaries." his forthcoming book "everyday , life and everyday death in el salvador." that does it for our show. democracy now! is looking for feedback from people who appreciate the closed captioning. e-mail your comments to outreach@democracynow.org or mail them to democracy now! p.o. box 693 new york, new york 10013. [captioning made possible by democracy now!] ■@Ñ@Ñ@Ñ - [me] i was good swier boy. was swimng in th oceabefore ias five. we just took areath and loed down. e watewas glasclear. the ires of ght came down le a cathral. itas like other wod. ani never rgot it so was hook. i tellou i wasooked.

bitcoin is at the heart of ecological concerns for el salvador.u for being with us jorge cuÉllar, assistant , professor at dartmouth college. we will link to your article in the new left review headlined "bitcoin sanctuaries." his forthcoming book "everyday , life and everyday death in el salvador." that does it for our show. democracy now! is looking for feedback from people who appreciate the closed captioning. e-mail your comments to outreach@democracynow.org or mail them to democracy now! p.o. box 693 new york, new york 10013. [captioning made possible by democracy now!] ■@Ñ@Ñ@Ñ ♪ ♪ ♪ >>> hello and welcome back to nhk "newsline." i'm takao minori in new york. >>> u.s. leaders have turned to some old allies in forging a military partnership to counter china. they teamed up with the british to help australian naval commanders deploy nuclear-powered submarines. they'll add western might in the indo-pacific.

. >> (música) (música) (música) (música) dos hermanas que huían de el salvador por amenaza de pandillasmás información de la familia . >> (información en pantalla) . >> la señora alba habla con su hija de 20 años que quedó separada de su hermana de 16 cuando intentaban cruzar la frontera, ejnnifer está en juárez, méxico sin dinero, y su hermana fue permitida ingresar la país, ambas son de el salvador (información en pantalla) ujna llamada confirmó la detención de su hija más pequeña pero no sabe dónde está . >> es bien duro. >>e l abogado gustavo mora dijo que ambas pueden tener asilo político por persecución en su país . >> es difícil, pero no imposible, debe pelear el caso . >> la mayor tendrá que esperar en méxico y no en los estados unidos como lo hará la menor de edad, el caso puede durar unos 300 días o más . >> tenga paciencia, paciencia, dios está con nosotros . >> la nuiña de 16 años al estar en terreno estadounidense podría tener un camino a la legalización por abandono de su padre, si su madre es su guardián . >> es suficiente para que ella aplique para esa visa por medio de

el salvador now owns 400 bitcoin. let's bring in the first guest charles keating. great to have you with us on the show, giles. let's talk about el salvador and the announcement with bitcoin as legal tender today is the day it will go into circulation. as an outsider watching this first real world example of bitcoin adopted as a legal currency, how long do you think it will take for us to determine whether this has been a success and what are the guidelines that you are looking to to determine the measure of success >> well, i think clearly over the next few months, people will be watching this closely i think you really need to get 12 months perhaps to get a really proper feeling for where it's going interestingly, quite a lot of people in el salvador are saying they are worried about this. they are not sure how it will work on the other hand, more than 32% do agree with the change that really does sound like a critical mass of people ready to go for it. >> yeah, one of the big debates people have been having for the last couple years is whether or not bitcoin can

hey guerra who's recently been in el salvador. he's an assistant professor of latin american latino encounter being studies adopt of college and how that new hampshire for where he joined us now. good to have with us. what do you make of this? is it a great idea? or dumb one? i dream thanks a lot for having me. so i think the situation or salvatore with bitcoin is actually not quite a good idea. at least for everyday people. people transacting in bitcoin are putting themselves up to a lot of risk and volatility. so a lot of small, medium businesses and people who transact every day to buy food, groceries and things like this. and we're accumulating the little dollars that they gain from, from their businesses will likely be on the short end of this and lose out a lot of money. and so the idea that coin in el salvador is actually been pretty improvised even till today. where when it's going to launch, where the majority of salvatore and people are an educated on this matter because there has been a very little messaging from the go

now, christy, there have been some anti bitcoin protests in el salvador. what do we know about that? yeah, not everybody is optimistic, but the chain, salvador and citizens, they started to protest as changed by the fear of crypto volatility put every day. investors at risk and my pay potential evenly even more chaos. and a lot of the fear comes from the lack of understanding of the financial markets, which might present a challenge. because the big point is all of how they're currently right now. they just from a custom to using the us dollar as a safety net and anything else that could move as a threat to their financial security. because they're still new to their own preparation in only one direction, which is down. they fail to recognize that big point will most likely appreciate and go up over time. and again, stems from the lack of financial education amongst the local population, which really isn't their fault because it one is living from paycheck to paycheck. investing is probably the last thing on their mind, but in any case, other countries may

after months of debate, warnings and praise el salvador. on tuesday, we have the 1st nation across the globe to to adopt bitcoin as legal, tender president. now you book kelly, who pushed for adoption of the crypto currency, says it will help salvador and say $400000000.00 a year on commissions for remittances, while giving access to financial services to those with no bank account. so how did the 1st day of this new system go and what does it mean for the world of finance? moving forward with joining us just boom by the cohort, spend swan and jeffery tucker, president of the brownstone institute. glad to have both of you wanted to talk about this, but i want to start with you. there were some hiccups on the 1st day of this rollout, correct? yeah, the biggest pick up people in ourselves saw was that so many people were trying to download the cheever wallet. that's where they call it the chief wallet that apparently had to be unplugged for time today the president was reading about it for a while, salvador tweeting about it today saying that

so this is not going to be a problem for el salvador. i'm super optimistic about it and i think it's going to be the 1st country of predict many that are going to the person that region than around the world and central bankers can't do anything about it. so it's really exciting. yeah. is definitely setting the standards. so to speak, now back when it comes to el salvador, we know that the country's president is young, but he is also being accused of destroying democracy in the country. and in a recent article, in the late times, he was compared to hugo chavez and bellis. willa, so how does it impact the countries decision to move to bitcoin in the 1st place? yeah, well i think, i guess my answer is going to be counter towards jeffrey just said i agree with what jeffrey said, but he ended up with an untruth statement. i think he said the central bankers can do anything about it. i think over about to see central bankers trying to do something about it. the 1st thing is a lot of smear campaign about the president of el salvador, essential

el salvador's rollout of bitcoin was bumpy, that's not swaying the believers. yet another country is moving towards the legalization of the original crypto. bitcoin billionaire brock pierce was instrumental in helping the el salvadoran government roll out of its bitcoin as legal tender. we will talk about how this changes. it's still not clear whether the americans will rush back to the gym. a fox business exclusive on what a guest is seeing and where when it comes to packed fitness classes. first we have to get you the breaking news. the wall street calvary has apparently arrived as we kick off the final hour of trade. after gapping down at the open, take a look at the intraday picture of gamestop, dropping to $178 a share this morning. the meme stock retail trader crowd has mobilized and managed to give gamestop a gain right now. it is up into the green at this very moment, albeit just by 8 cents. but look at the share price. nows a $198 -- now at $198 a share. the drop came after a conference call in which the ceo, the new guy gave no guidance and took no que

not targeted at the average person in el salvador. of the risks is that it is seriously volatile. september of last ■year, on bitcoin costs $10,000. april of this year it was worth $63,000. by july, though, it was down to $30,000. for that reason and plenty of others, the world bank and international monetary fund oppose cryptocurrency as legal tender. >> it's not going to be for most people. most of them don't have bank accounts or smartphones. most of them are not on the internet. four out of 10 live in prop -- live in poverty. this is an issue last year alone had one of the biggest crashes and its economy in four decades. so who is going to use bitcoin? people who can afford, most likely, the incredible swings, the highs and lows, the volatility. ross: this is though a significant moment for bitcoi and cryptocurrencies, it could pave the way for them to gain greater wettability. let's hear the thoughts from one expert at an investment firm. >> this is just one of the milestones bitcoin has overcome on the road to acceptability. the

true adoption and utilization have been going in el salvador could help to sustain a high price, but it's not a one day event. yeah, and we can only imagine what it would be like even if it rolled out here in the united states. now jeffrey, that aside, how do you believe this move will fair? i mean, considering the fact that 56 percent of the population says they are weary of bitcoin and 71 percent of people and all salvador say they won't even use it over that all after a couple of weeks i see how much it is going to save them and remittances, and this is a huge and have a door. it's going to be, i'm very optimistic that it's going to be widely adopted. you know, i, we've been waiting for something like that. i think i'll have it, or it's a perfect country that the banks are overwhelmingly, the majority there that remained, this is make up a big part of their economy and, and there's a lot of financial sophistication in that country. unlike in the us, what this is a huge midsummer people have that they think that because the country is poor or the people don't have a lot of carnival

we are part of the el salvador push.m proud of this company and where we are going, and them happy with the numbers. but that is my secret. maybe someday, yours to find out. emily: let's talk about el salvador. how is business? jack: great. again, this is an open monetary network that can achieve physical monetary settlement anywhere. remittance payment to the u.s. or el salvador is free compared to the western union solution which takes days and upwards of 50%. you are seeing people migrate to a singular standard to settle value. that is bitcoin. you are starting to see monetary network that is inclusive to all . eight el salvador, over 70% of the bank was not bank. now, 100% of the company and receive payment and services at no cost. humidity is moving in the right direction. i am proud of that and bit coin is a key part of that. emily: it doesn't come easy to el salvador. there has been pushed back the adoption of bitcoin. what countries are next, seeing how difficult it has been in the country? jack: no one in histor

now back when it comes to el salvador, we know that the country's president is young, but he is also being accused of destroying democracy in the country. and in a recent article, in the late times he was compared to hugo chavez and belatoya. so how does it impact the countries decision to move to bitcoin in the 1st place? yeah, well i think, i guess my answer is going to be counter toward jeffrey just said, i agree with what jeffrey said. but he ended up with an untruth statement. i think he said the central bankers can't do anything about it. i think we're about to see the central bankers trying to do something about it. the 1st thing is a lot of smear campaign about the president of el salvador, essentially saying he is a socialist for the dumping. big coin that doesn't make a whole lot of sense 1st of all, but that he's ultimately, he's getting rid of judges. he's getting rid of the supreme court, he changing the country's constitution so he could run for office again. but the, the comparisons that job is i think, are few and far between in reality and yet that's the sure that's

el salvador ya no es una democracia, ni siquiera una dÉbil, el rÉgimen hÍbrido.gente lo sigue amando. yo lo que les dirÍa es que lamentablemente esto es una sentencia, no es una amenaza porque yo no puedo ejecutar nada de eso, pero es una sentencia real. la falta de democracia, la destrucciÓn del estado de derecho, va a terminar afectando cuando les toque directamente, cuando metan preso a un familiar suyo y que el juez estÉ a favor de esa sin ningÚn proceso de ley, cuando cierren una empresa por razones polÍticas, cuando cancelen una ong por razones polÍticas. lamentablemente en un paÍs con tan poca cultura democrÁtica, porque a eso ha sido combinada la poblaciÓn despuÉs de tantos gobiernos corruptos que no se interesaron por enseÑar a la gente, por socializar . la gente en el salvador, la gente es inexperta en valores democrÁticos y creen que un caudillo autoritario puede salvar su vida o ejorarla. yo estoy convencido de que eso es imposible. >> hay una breve reflexiÓn personal, la crÍtica, primero es la obligaciÓn de un periodista. y la crÍtica a un gobierno n

how has bitcoin reacted to the el salvador rollout?it of a selloff and then pairing some of those loss. >> it did sell off pretty quickly and got down to $45,000. it is now in the mid 46,000's now. this is quite a drop after everyone was looking to the level above 50,000. saying lots of people are going to be buying in. we see it going up from here. there was a lot of anticipation and that has not quite worked out. tom: how does it fit into the trading pattern for bitcoin? this is the fist country to fully adopt the crypto currency. >> right. so actually bitcoin has sort of proven to be a buy the rumor type of thing. in 2017 you had the rollout of the futures from the c.m.e. it dropped a ton after that. earlier in the year, the record was around the coin base. it fell from that level. it seems once you get to the actual events there can be a big dropoff when it is something highly anticipated. tom: how much read across is there for the rest of the crypto currency space? >> most of the top cryptos are off more than 10%. it has done a nu

tell us, what is, is this the right move for el salvador?— this the right move for el salvador?? yes, i think it is the right move. _ salvador? yes, i think it is the right move. it - salvador? yes, i think it is the right move. it is - salvador? yes, i think it is the right move. it is a - salvador? yes, i think it is. the right move. it is a small country. imagine being the first country to accept bitcoin as legal tender? that could be quite a mark for them and something of an achievement and legacy for them. find something of an achievement and legacy for them-— legacy for them. and if it all noes legacy for them. and if it all goes horribly _ legacy for them. and if it all goes horribly wrong, - legacy for them. and if it all goes horribly wrong, it - legacy for them. and if it all goes horribly wrong, it will. legacy for them. and if it all i goes horribly wrong, it will be an absolute disaster, won't it? talk as to why you are so positive about this. i think they are — positive about this. i think they are the _ positive about this. i think they are the first - positive abo

and your industry today is democracy in el salvador risk. the country is making international headlines of the world 1st to declare bitcoin a legal tender. but critics of the president is government say they're undermining checks and balances in a graph are continue power. as always, we want to hear your thoughts. your questions right there in the youtube live chat, join me for today's conversation. all right, joining us today, we have jose marino. he's the president at the foundation for democracy, transparency, and justice. he is in san salvador. pulse diner serves us outdoor ban salvador in government as the president of the national commission for small and micro companies is also in sim salvador and completing our line up as john holmes and mexico cities algiers. long time corresponding covering latin america actually reported from el salvador and showed us how life is changed there recently. let's see. some of the report feel the difference in the streets of los palmas, a tough neighborhood in the capital, says julio say so. he should

come on our syrup, making bitcoin legal, tend to el salvador, but will it be high risk? high reward. i'm john henry in chicago, where phil researchers have found a lost treasure, a film that's been missing for nearly a century. ah, it's another beautiful sunny day at 35000 feet. the weather sponsored by cattle airways booted world's best airline of 2021. hello, good to be with you. we are dialing up the intensity of the season rains in india. so here, let me show you specifically for the southern indian state of taylor and gone right through to go up here not to go and also caroline and talking about taylor gone for a 2nd so far from june 1st to september. first, we scooped up 763 millimeters of rain more than a quarter of what you should see. and we'll add on about another $200.00 more millimeters in the days to come. a disturbance in the bay have been gall is just throwing weather around for coastal sections of myanmar rate through into bangladesh and cap man do picked up more than 100 millimeters the brain over the past 24 hours. the same goes for areas of indo china

each person in el salvador will get $30 worth of coin from today. are concerns around transparency, around money laundering risks from this, and others on the political front. the u.s. certainly suggesting that maybe this is a distraction from some of the changes politically, domestically, within el salvador, where the u.s. scribed their democracy as being in decay but it is about bitcoin today. tuesday is when it kicks off in el salvador, the first country to adopt the cryptocurrency. manus. manus: yes, and of course, the 40-year-old said it will draw more people into the financial system and make it a cheaper way to send remittances. you know the debate as we go towards that is going to be around the greenness of bitcoin, the mining that takes place, you know, and that has migrated. you have just come home from beijing ready have just come home from china, which was grappling with that in many ways , so i think that that is going to be probably one of the more limiting factors as we go forward on the bitcoins lori, but for the moment, fremont -- b

. >> vamos a pasar a centroamérica, el presidente de el salvador nayib bukele ha dado que hablar, luegotador del país. >> cuando es un país que tiene un dictador lastimosamente nos roban los derechos como ciudadanos. >> aunque sea el dictador más cool del mundo como se define en twitter, para algunos salvadoreños esto no es una broma. >> nos hemos enamorado tanto del proyecto, nos hemos enamorado de nuestro presidente que a veces no estamos viendo eso que podemos ver como pfrps detalles. >> detalles que pudieran guardar un mensaje oculto dice esta activista. >> como una broma, como un chiste, pero en el futuro esto nos puede costar muchísimo más. >> porque lo que manda es el pueblo no el gobierno. >> recientemente se realizó una marcha en protesta por las decisiones del salvadoreño como la implementación del bit coin en este territorio, lo acusan con pancartas de dictador, esta vez él mismo se autodenomina como tal, algo que para algunos no es nada de qué preocuparse. >> yo pienso que él estaba bromeando, nayib bukele para mí es el mejor presidente que el salvador ha tenido en toda su h

el salvador becomes the first country in the world to adopt bitcoin as legal tender.me to world news america on pbs and around the globe. the taliban has unveiled their new government, cementing their hold on the country more than three weeks after the afghan president fled. today, hundreds of protesters, many women, took to the streets of kabul. they were beaten by the talan, who fired warning shots into the air. >> "death to pakistan," the crowd chance. they are furious at the countries support of the taliban. >> pakistan has directly attacked our country. we don't want pakistan to announce the government. afghanistan is a free country. we women and men are not the same as 20 years ago, who would be whipped into submission. >> i accept the taliban are afghans, but behind them is pakistan. they gave them this ideology. >> this is the biggest challenge to the taliban's authority we have seen so far, and it's not coming from a militia. it's coming from peaceful protesters, women and men. amongst the protesters, some are not afraid to directly criticize them. >> we beli

evidencia ahora el instituto nacional de migración está evaluando a su personal en chiapas y en el salvadorrada en vigencia del bitcoin ansioso del dinamismo de combinar dólares y bitcoin esto le habría traído más clientes. >>>e n estados unidos clientes me pagan con bitcoin pero su vecina dice estar preiocupada porque no sabe nada. >>> más nada por la tecnología , tenemos que tener uun buen celular. >>> y es que desde el 7 de septiembre circulará con el dólar. >>> gremios y sindicatos han salido a protetar y donde la mayoría no apoya su uso. >>> manifiestan que aunque circule el bitcoin está interesada en usar dolores . >>> pero esto favorece el reenvio de remesas y llamará a inversiones y los jóvenes apoyan más. >>> no es complicado . >>> voy a poner un rótulo que no voy a acpetr está monea. >>> mientras tanto, se ponen cajeros para usar la bileltra electrónica local en el salvador electrónica local en el salvador samuel areias al ♪♪ siempre he querido hacer eso. ♪♪ siempre he querido hacer eso. ♪♪ ¡vamos a querer uno de todo! siempre he querido hacer eso. siempre he querido hacer eso! ¡l

this is not the same as what we just saw in el salvador this week. you know, certainly big coin becomes legal, tender, obviously, crypto currencies, big point among them is not going to be on the same footing as ukraine's national currency. and it will not the government there is not going to facilitate taking bitcoin as it is in el salvador, certainly. but it is a huge step forward because up until now, as you mentioned, ukraine is operated in the grazer, when it comes to crypto currency. and there's been a lot of questions about what is legal and what is not in every time a government around the world stepped forward and says ok, we need to accept that this is not just the future. this is the present. but right now, and begins to actually give acceptance general acceptance to crypto currency. i think it's a very good sign for things to go. now, christie, on that note, with all salvador having now made bit queen legal tender. other countries like 100 us and guatemala, are now studying c, b, b, c's. so how long before we begin to see other countries

this surf town on the coast of some dutch el salvador is first to go full crypto.to salaries and community projects can be paid for using bitcoin. >> and has been crazy how fast it has caught on and how useful it quite has been for everyday people. >> just buying a cup of coffee can be done quickly, painlessly. >> the town has never had a bank, so their only atm buys and sells bitcoins and nearly -- many households interact with the currency regularly. >> el salvador has become the first country to accept it as legal tender. >> next week i will sign a bill to make an illegal tender in el salvador. >> but how did a country where 70% of the country is unbent to become the first to use bitcoin? he started in 2015 when an anonymous donor got in touch with a church. >> they wanted to remain anonymous, did not want credit. if you want to see bitcoin in real ways, he doesn't want to give it to organizations that are going to convert it to fiat and they as an organization believe that most of the benefit of what they are trying to do would be by feeding bitcoin economies t

el salvador becoming the first country to adopt bitcoin as legal tender. save el salvadorans $400 million a year. this is a historic day, but it's not doing historic things for the price of bitcoin. right now we're at $46,000, almost 45,000, but it went above 52,000 last night. there's some volatility for you. joining us is krbe digital assets group cofounder isaiah jackson. isaiah, you've got to help me understand all the volatility just from last night until today in bitcoin. is it because of el salvador or is something else going on? >> well, if i had a bitcoin for every time somebody brought up volatility? if you have a low-term preference, this means nothing. mcdonald's has started accepting bitcoin in el salvador. they've purchased 550 bitcoins for their reserves. all of these things happening and we're talking about the volatility of one day. we talk about the same thing and the price has tripled since then, so volatility is nothing on a long enough time frame. cheryl: i'm curious, do you think this is a good beta test for other countries? in partic

el salvador has adapted bitcoin as a

it's not going to be for most people in el salvador. you've got that issue right there. this is a country that last year alone had one of the biggest economy crashes in four essays. who is going to use it? four decades. it's going to be people who can afford the incredible swings, the volatility. this is, though, a significant moment for bitcoin and cryptocurrencies, one that may pave the wave for them to gain greater credibility. here's an expert at investment firm, brewin dolphin. this isjust one of the milestones that bitcoin has overcome on the road _ that bitcoin has overcome on the road to— that bitcoin has overcome on the road to acceptability because bitcoin— road to acceptability because bitcoin has long received many criticisms _ bitcoin has long received many criticisms. the technology behind bitcoin, _ criticisms. the technology behind bitcoin, it — criticisms. the technology behind bitcoin, it is likely to be widely adopted — bitcoin, it is likely to be widely adopted in the future because there is also _ adopted in the fut