The Intelligence
“Locals don’t understand what it is or why they would want to use it”—El Salvador’s bitcoin experiment
Also on the daily podcast: the costs of educational arms races and the question of what makes great contemporary fiction
PRESIDENT NAYIB BUKELE thinks obliging businesses to take the cryptocurrency will help with remittances, inclusion and foreign investment. So far, few are convinced. From after-school tutoring to endless extracurricular activities, education is an increasingly cut-throat affair; we examine the costs of these academic arms races. And Sally Rooney’s new novel and the question of what makes great contemporary fiction. Runtime: 20 min
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