El Salvador’s Landmark, Elon Musk’s Lowlight, and the Coming Layer 1 Wars

El Salvador’s Landmark, Elon Musk’s Lowlight, and the Coming Layer 1 Wars
This week on “Opinionated,” we sit down with David Z. Morris, CoinDesk’s chief insights columnist.DZM gives us the highlights and lowlights from 2021, and looks ahead to 2022.His highlight? El Salvador.“For me, the bitcoin policy in El Salvador was the landmark moment of the year,” he says.El Salvador has been buying bitcoin at a rapid clip, attracting bitcoin entrepreneurs. It has issued a “Bitcoin Bond” that’s available to nationals through the Chivo bitcoin wallet.This points to how bitcoin may point to an opportunity for indebted nations that are often excluded from traditional credit markets to find new ways to grow.“It…