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You're joking right? The "bad currency" here is clearly Bitcoin, which cannot actually be used to buy things in 99.999% of global market situations. If El Salva
by thehappypm 5y ago
You're joking right? The "bad currency" here is clearly Bitcoin, which cannot actually be used to buy things in 99.999% of global market situations. If El Salvadorian businesses want to buy computers, trucks, fertilizer, food, whatever, BTC is meaningless and will need to get converted to USD.
- imtringued 5y agoSalvadorians in USA convert their USD in BTC and Salvadorians in El Salvador convert it back to USD. They aren't trying to invest or hold onto Bitcoin.
- thehappypm 5y agoYou’re agreeing with me. You wouldn’t want to hold onto Bitcoin because it’s the inferior currency option.