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Can Bitcoin become a real currency? Here's what's wrong with El Salvador's crypto plan

Written by John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society and NATSEM, University of Canberra

Salvador Melendez/AP

Nayib Bukele, president of El Salvador, has got himself a pair of laser eyes – on his Twitter profile at least.

Laser eyes are something social media users give themselves to show they love cryptocurrency – and Bukele proved his crypto-enthusiasm last week by having El Salvador become the world’s first nation...

Compulsory super is higher than ever at 12%. But cutting it would hurt low-paid workers most
Unsplash, Canva, The Conversation, CC BY-NCA central element of Australia’s superannuation system is the superannuation…
A crucial meeting aims to remake the WTO to fit the new global order
Getty ImagesWith the global rules-based order collapsing, the United Nations faces an existential crisis as the United States…
Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war?
Gold has long enjoyed a reputation as a financial “safe haven” during stormy times. But over the past few months …
Is your ‘sustainable’ super funding fossil fuels or weapons? How to check the fine print
Many Australians don’t realise their superannuation savings – worth A$4.5 trillion and growing – may be inv…
This is how the 1970s oil shock played out. There are lessons for the economy today
Cars lined up at a US gas station during the oil shock of 1979.Universal History Archive/Universal Images Group via Getty Ima…
Prosecco makers lose out as Australia seals EU free-trade deal after 8 long years of talks
Nearly eight years ago Australia and the European Union (EU) launched trade negotiations. Finally, today Australian Prime Mi…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property
In the dynamic world of real estate, commercial properties hold a pivotal position. They represent not only a significant financial asset but also a crucial business investment. When contemplating the…

The spending splurge matters, regardless of what modern monetary theory says
ShutterstockThe Australian government is planning to spend A$190 billion to support the economy in response to COVID-19, according to the latest Parliamentary Budget Office estimate. The total impact of COVID-19…
Trends shaping a turbulent year for travel
High demand, more volatility, and raised expectations will define the peak 2023 travel season Allianz Partners’ annual Global Travel Summit explores the trends shaping a turbulent year for travel – and…
‘The pay is not worth the stress’: research finds 10% of lawyers plan to quit within a year
Momentum studio/ShutterstockNo one goes into the legal profession thinking it is going to be easy. Long working hours are fairly standard, work is often completed to tight external deadlines, and…

How to Apply for More Jobs in Less Time Using AI Automation

Most job seekers spend 11 to 14 hours per week on applications and still hear nothing back. That's not a motivation problem. That's a process proble...

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

The narrative around changing attitudes to car ownership has long focused on Gen Z. Younger Australians are often portrayed as the generation movi...

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Launchd, Australia's leading talent-first creator economy group, has acquired WeAreTENZING, one of New Zealand's most respected talent agencies, b...

Time to punch above our weight and stop shadowboxing on AI

Australia prides itself on being an innovation economy. We celebrate startups, talk about productivity, and lean into our reputation for punching ...

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...

Global Thryv voices bring a sharper lens to International Women’s Day

Thryv® (NASDAQ: THRY), ANZ’s leading AI-enabled small business marketing software platform provider, marks International Women’s Day (IWD) with a bu...

Can Bitcoin become a real currency? Here's what's wrong with El Salvador's crypto plan

Compulsory super is higher than ever at 12%. But cutting it would hurt low-paid workers most

A crucial meeting aims to remake the WTO to fit the new global order

Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war?

Is your ‘sustainable’ super funding fossil fuels or weapons? How to check the fine print

This is how the 1970s oil shock played out. There are lessons for the economy today

Prosecco makers lose out as Australia seals EU free-trade deal after 8 long years of talks

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

The spending splurge matters, regardless of what modern monetary theory says

Trends shaping a turbulent year for travel

‘The pay is not worth the stress’: research finds 10% of lawyers plan to quit within a year

How to Apply for More Jobs in Less Time Using AI Automation

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Time to punch above our weight and stop shadowboxing on AI

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Global Thryv voices bring a sharper lens to International Women’s Day

How Contiki is Redefining Travel for Young Adventurers

Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

Defining Actionable AI for Australian IT Efficiency and Security