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Didn't El Salvador convert their currency to Bitcoin ? Edit: El Salvador not Al Salvador
by leosanchez 2y ago
Didn't El Salvador convert their currency to Bitcoin ?
Edit: El Salvador not Al Salvador
- high_na_euv 2y agoBitcoin =/= Blockchain Just like Facebook =/= HTTP
- leosanchez 2y agoBut they did it during peak blockchain hype though.
- AnimalMuppet 2y agoEl Salvador. They at least said they were going to. I don't know if they actually did.
- felipeqq2 2y agoPartially. Legally, they use both USD and Bitcoin; but it wasn't really adopted by the population [1] (it doesn't help that they've been using USD since ~2000, which is relatively stable by latam standards). It was also much more a political endeavour by their president to promote neoliberal ideas rather than anything to do with blockchains per se. [1]: https://english.elpais.com/international/2023-09-02/two-years-of-bitcoin-in-bukeles-el-salvador-an-opaque-experiment-with-a-little-used-currency.html https://english.elpais.com/international/2023-09-02/two-year...