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Very nice. What was the category and dollar value of the question?
It was the $800 clue in Double Jeopardy, "Business & Finance History". The actual clue:
In 2021 El Salvador's govt. made all businesses accept this as payment & introduced the digital "Chivo Wallet"
(This is actually not accurate; businesses are not required to accept bitcoin in El Salvador.)
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20 sats \ 1 reply \ @nullama 1 Feb
Since Bitcoin is legal tender in El Salvador, it can be used to pay any debt.
This means that in the same way as cash, they have to accept it.
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If I show up at the pupusería with only bitcoin, they don’t have to sell to me. And in practice, almost never will. There is never a debt that they are forced to settle with my bitcoin.
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I don't know. I was half paying attention (reading new SN posts!). My wife is a big Jeopardy fan.
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