What Became of Dollarization, Bitcoin in El Salvador? (Spanish)

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Impunity Observer

149 episodes

1 week ago

The Impunity Observer is committed to fearless investigative journalism and policy research. Our mission is to foster positive relations between the United States and Latin America. Independent journalism enables common understanding and the rule of law towards trade and economic development.

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What Became of Dollarization, Bitcoin in El Salvador? (Spanish)

Impunity Observer

32 minutes 33 seconds

5 months ago

What Became of Dollarization, Bitcoin in El Salvador? (Spanish)

In 2001, El Salvador dollarized its economy, but the promised benefits never fully arrived. In 2021, President Bukele repeated the pattern by adopting bitcoin as legal tender overnight, with little public input.

In this episode, Ishi—a pseudonymous Salvadoran bitcoin developer and founder of Torogoz.dev—explains why both transitions fell short and what lessons can still be learned.Watch now to find out:

- Why do most Salvadorans still avoid bitcoin?- What went wrong with Chivo Wallet?- What benefits has bitcoin actually brought to El Salvador?- Plus: how IMF negotiations may now open the door for organic bitcoin adoption without state mandates.Show notes: https://impunityobserver.com/2025/07/21/what-became-of-dollarization-bitcoin-in-el-salvador-spanish/