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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

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11/15/2021 05:34 AM
johnnyboy Posts: 27677 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. ------------------------- "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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11/28/2021 07:51 PM
stokedpanda Posts: 4226 Joined Forum: 09/04/2015	pretty cool ------------------------- I troll 2L.com to be a better person in real life
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12/02/2021 12:56 PM
ww Posts: 16338 Joined Forum: 08/17/2007	The volatility and general uselessness of Bitcoin is a big problem. Remittances, possibly a good reason for adopting.
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12/02/2021 04:13 PM
stokedpanda Posts: 4226 Joined Forum: 09/04/2015	I have heard some good arguments of bitcoin vs the fiat standard- paper money is pretty useless as well- barely flammable lol ------------------------- I troll 2L.com to be a better person in real life
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