Post
Topic
Board Economics
Re: El Salvador retirees protest against Bitcoin as legal tender
by
Kiley33
on 01/09/2021, 06:24:52 UTC
They do not recognize Bitcoin because they do not believe in Bitcoin.
Bitcoin is still volatile, and they cannot control Bitcoin. They worry that today's $10 bitcoin will be worth $1 tomorrow.
They want to live. But now it appears that El Salvador’s national currency has no value. They are still biased towards the US dollar.