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The main benefit from this that I can see is that El Salvador will attract bitcoin businesses with a lot of money and other bitcoin whales who might move there
by runbathtime 5y ago
The main benefit from this that I can see is that El Salvador will attract bitcoin businesses with a lot of money and other bitcoin whales who might move there and start businesses, employing locals and injecting money into the El Salvador economy.
The average person isn't going to use bitcoin and the average merchant will likely never be paid in it.
- arenaninja 5y agoThis is hopefully the plan. As a Salvadorean living in the US it would worry me otherwise