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In most of those countries the transaction fee is a non-trivial percentage of the GDP. Using it as a currency there would be economic suicide. And the volatilit
by arcticbull 5y ago
In most of those countries the transaction fee is a non-trivial percentage of the GDP. Using it as a currency there would be economic suicide. And the volatility would be crushing to the poor.
They'd be infinitely better off with like USDC or better yet, a USD issued CBDC.