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Topic Title: El Salvador's transition to bitcoin.
Topic Summary: A big experiment.
Created On: 11/15/2021 05:34 AM
Linear : Threading : Single : Branch
 El Salvador's transition to bitcoin.   - johnnyboy - 11/15/2021 05:34 AM  
 El Salvador's transition to bitcoin.   - stokedpanda - 11/28/2021 07:51 PM  
 El Salvador's transition to bitcoin.   - ww - 12/02/2021 12:56 PM  
 El Salvador's transition to bitcoin.   - stokedpanda - 12/02/2021 04:13 PM  
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 11/15/2021 05:34 AM
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johnnyboy

Posts: 25180
Joined Forum: 07/22/2003

http://www.politico.eu/article...ability-nayib-bukele/

It's a mixed bag for sure. The country used El Zonte as it's prototype. One big advantage is that Salvadorans living in the US can send remittances without fees. Huge disadvantage, the volatility.

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"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

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