Based on this article it seems the BTC experiment mostly worked. Many unbanked El Salvadorans were able to save and send BTC. Some were payed in BTC. The main d

Based on this article it seems the BTC experiment mostly worked. Many unbanked El Salvadorans were able to save and send BTC. Some were payed in BTC. The main downside is exchange rate volatility, which is to be expected. I see this issue tapering off over time. As BTC matures its volatility should decrease while maintaining a deflationary appreciation in value, encouraging saving. Yes, deflation as a feature goes against some economic theories but I unironically see it as environmentally friendly. Reducing consumerism and frivolous spending, in the end, may be exactly what we need.