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The country is already going all-out in its adoption of Bitcoin, so sure, why not go from "ludicrous" to "plaid" by bringing volcanoes into the mix?[a] For thos
by cs702 5y ago
The country is already going all-out in its adoption of Bitcoin, so sure, why not go from "ludicrous" to "plaid" by bringing volcanoes into the mix?[a] For those not living in El Salvador, it will be fascinating to see how this unorthodox approach to monetary policy works out in the end.
[a] https://www.youtube.com/watch?v=VO15qTiUhLI https://www.youtube.com/watch?v=VO15qTiUhLI
- beiller 5y agoYeah. How can a country survive without unlimited QE? The poor residence will see their buying power constantly rise against all other currencies as the other countries of the world follow in USA's footsteps of unlimited manipulation. Realistically that might actually be tough for any of their exports however and may make everyone unemployed as their "currency" rises in value, but will they also all be rich? Frankly I think it is an amazing experiment.