El Salvador's implementation of Bitcoin as legal tender raises questions about using alternative currencies like cryptocurrencies to uplift impoverished nations, such as Bhutan.
Bhutan, while recognized for its CO2-negative status, faces significant economic challenges, with many citizens living in poverty and lacking a legally mandated minimum wage.
Economists often rely on GDP and GNI to assess a country’s economic health, but these metrics have limitations, especially in measuring general wellbeing and income.
When ranking poverty levels, 24/7 Wall St. uses GNI per capita data from the World Bank, emphasizing the importance of purchasing power parity in economic assessment.
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