The rhetoric about Bitcoin improving the lives of poor El Salvadorians is ridiculous.
"Salvadorans are learning why the rest of the world doesn’t use Bitcoin as a currency for everyday transactions."
They just saw 1/5 of their wealth disappear.
https://www.bloomberg.com/news/articles/2021-09-07/risk-of-using-bitcoin-as-currency-btc-plunges-el-salvador-wallet-faces-glitch
"Salvadorans are learning why the rest of the world doesn’t use Bitcoin as a currency for everyday transactions."
They just saw 1/5 of their wealth disappear.
https://www.bloomberg.com/news/articles/2021-09-07/risk-of-using-bitcoin-as-currency-btc-plunges-el-salvador-wallet-faces-glitch

⟳ 1
♡ 9