Post
Topic
Board Bitcoin Discussion
Re: How bitcoin can help local community
by
bL4nkcode
on 18/12/2021, 20:27:09 UTC
El Salvador has struggled to empower its country by reviving the people's economy with bitcoin, it was a big decision from El Salvador to support bitcoin.
Yeah, for all of us, it is a big decision and a good move from El salvador. But don't forget that bitcoin pumps and dumps, don't assume that bitcoin can help poor countries to be stable, rich, or far from being poor again in just a matter of 5 years or so.
There's no proof for that yet, while El salvador implements and announces lots of good news yet we see bitcoin dumps prodigiously, that means it's not enough. Also, stop assuming that bitcoin will be the solution for all the problems regarding poverty.