VIDEO | 06:18
LA Times Today: How a California surfer helped bring bitcoin to El Salvador
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LA Times Today: How a California surfer helped bring bitcoin to El Salvador

Watch L.A. Times Today at 7 p.m. on Spectrum News 1 on Channel 1 or live stream on the Spectrum News App. Palos Verdes Peninsula and Orange County viewers can watch on Cox Systems on channel 99.

Bitcoin will soon be legal tender in El Salvador, after its government hastily passed a new law that a California surfer helped facilitate.

But there are serious questions about the motivations behind those pushing the Bitcoin agenda, and critics fear the extremely volatile cryptocurrency might hurt working-class Salvadorans.

L.A. Times foreign correspondent Kate Linthicum joined us to explain.