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recalling from early 2021 readings... as I understood it they took on BTC to help break the backs of the FX / Money Transfer racket. A lot of their cashflow com
by maerF0x0 4y ago
recalling from early 2021 readings... as I understood it they took on BTC to help break the backs of the FX / Money Transfer racket. A lot of their cashflow comes from foreign workers sending money back to their families. [1]
[1]: here's a hit from google https://www.reuters.com/business/finance/remittance-costs-key-take-up-salvadoran-bitcoin-plan-development-bank-2021-08-24/ https://www.reuters.com/business/finance/remittance-costs-ke...