Fifteen years after Ecuador adopted the U.S. dollar as its official currency, the issue still stirs debate. Dollarization was so unpopular when it was first announced that protesters took over the capital and the government collapsed. The replacement government stuck with the plan—there wasn’t much choice. The Sucre, Ecuador’s native currency, was in the midst of a decade of hyper-inflation which was destroying the economy.
For a new non-profit called “Women on 20s,” it’s an extremely good idea, and one whose time has come. The organization’s campaign aims to remove Andrew Jackson, the nation’s wild-haired and controversial seventh president, from the $20 and replace him with an important American woman in time for the centennial of women’s suffrage in 2020.
Overstock.com is now accepting payments in bitcoin, making it the first major online retailer to embrace the increasingly popular but controversial digital currency.