El Salvador used to be among the world’s most violent countries, and widespread extortion by the gangs was a major brake on economic activity.

El Salvador adopted Bitcoin as legal tender alongside the US dollar in 2021.

https://www.bloomberg.com/news/articles/2023-02-20/drop-in-el-salvador-gang-violence-may-boost-investment-moody-s-says?cmpid%3D=socialflow-twitter-economics

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