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So you think this is just to pump Bitcoin? Well that’s where I disagree with you. What happened with those apps in Africa? And why is Nigeria increasingly lo
by dadoge 5y ago
So you think this is just to pump Bitcoin?
Well that’s where I disagree with you.
What happened with those apps in Africa? And why is Nigeria increasingly looking to BTC? Could also be corrupt central banks, which I admit is less an issue in El Salvador.
Bitcoin is also censorship resistant, Nigeria tried to ban BTC but P2P usage went up after the “ban”.
And to be clear: I don’t think BTC is necessarily THE BEST conceivable solution out there - a USD backed coin probably is better for ES in the next few years.
But I also do think BTC is better than status quo for ES