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I know this forum doesn’t like bitcoin. But the reality is for El Salvador if you step into their shoes it is a smart political move to hold some of their curre
by patrickhogan1 2y ago
I know this forum doesn’t like bitcoin. But the reality is for El Salvador if you step into their shoes it is a smart political move to hold some of their currency in bitcoin.
1. It promotes El Salvador innovation and is free publicity.
2. Documented that between when El Salvador bought bitcoin and today bitcoin appreciated more than the dollar.
3. El Salvador had to replace its currency less than 25 years ago because it collapsed.
4. The IMF is clearly including bitcoin into its talks with El Salvador https://www.reuters.com/technology/imf-says-bitcoin-remains-key-element-el-salvador-program-talks-2024-10-03/ https://www.reuters.com/technology/imf-says-bitcoin-remains-...
- deleted 2y ago[deleted]