General Information What's included Description Learning Objective Modules Videos Related Recommended Reviews

Case

El Salvador: Bitcoin as legal tender

By Mueller-Frank, Manuel / Vilaplana Sellarès, Roser

Economics

The case discusses president Nayib Bukele's decision to adopt Bitcoin as legal tender in El Salvador in context of the countries economic, financial and social situation. It highlights potential benefits and risks associated with the decision and how the risks and benefits might be distributed among the government and the citizenry. The case also covers the implementation via the Chivo wallet and whether El Salvador's decision might serve as an example to follow for other emerging economies.

Collection: IESE (España)

Ref: ECON-431-E

Format: PDF

Number of pages: 26

Publication Date: Feb 20, 2025

Language: English

Description

Year: 2021

Geographic Setting: El Salvador

Industry Setting: Public Sector

Learning Objective

The case can serve several different teaching purposes. The first one being the tension between the decentralized, transparent and pseudo-anonymous nature of Bitcoin and the centralized, non-transparant and identity based implementation via the Chivo wallet. The second one concerns the limitations of Bitcoin to function as a medium of exchange for micropayment. In this context the limited scalability of Bitcoin can be addressed and potential solutions such as the lightning network and the Chivo wallet. The third one concerns the macroeconomic implications of the adoption decision in terms of growth potential and El Salvador's ability to use international financial markets to borrow.

El Salvador: Bitcoin as legal tender

Options of use

Number of copies

- +

As low as €8.53

Are you interested in this product?

Add it to your favourites so that your institution can purchase it.

You'll be able to order once your profile has been validated.

Add to wishlist

Preview

Leave your rating
"El Salvador: Bitcoin as legal tender"

To leave a comment you must Sign in or register

Register for free with IESE Publishing and enjoy all the advantages

What type of account do you want to create?

Choose account type

Professors

You will find the material that best suits you to design your courses, in different formats and up to 7 languages, so that it adapts to the teaching methodology of your preference at all times.

Preview the full content before purchasing. You will also have free access to the teaching notes.

Create whishlists and share them easily with your academic institution and/or colleagues.

Academic Institutions

Take advantage of the discount for registered institutions and save money with a platform that offers the best collections, agile purchase process and personalized customer service.

In addition, we have various types of agreements to adapt to the specific needs of each institution.

Visit our licenses page and contact us for further information.

Companies

Scalability and Savings: Get automatic discounts and special pricing on purchases of 10 or more units per product.

Customised agreements: Need specific product bundles? We design tailored pricing agreements adapted to your company’s volume and training objectives.

Centralized Management: Control all your department's acquisitions from a single, professional dashboard.

Individuals

Have the content you need to stay updated as a manager with the support of one of the most prestigious business schools in the world.

We select the online courses and articles so that you can continue to be a better leader who generates a positive impact on your company.

We also offer agreements for companies, contact us to know more.

El Salvador: Bitcoin as legal tender

Description

Learning Objective

El Salvador: Bitcoin as legal tender

Are you interested in this product?

Do you find it interesting?

Leave your rating "El Salvador: Bitcoin as legal tender"

Register for free with IESE Publishing and enjoy all the advantages

What type of account do you want to create?

Leave your rating
"El Salvador: Bitcoin as legal tender"