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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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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