'The dollar is no longer relevant; Bitcoin is the currency of the future,' argues President Nayib Bukele of El Salvador.
So he should be begging the FMI for bitcoin, not $ the next time, or doing the same for the millions in aid he gets.
But when he stops with the propaganda on Twitter and he has to face reality, then $ is still king.
EFE Agency
San Salvador, Dec 21 (EFE) .- The Congress of El Salvador approved this Tuesday the issuance of 498.4 million
dollars in bonds or the contracting of loans to cover the deficit of the general budget for 2022
What types of changes do you expect to take place?
Short terms as in a few years? Nothing.
One thinking a world will change drastically in a few years when even the country accepting Bitcoin isn't doing so at lightspeed then it simply means you're being childish. 40% of Salvador exports go the US in $, when it comes to imports 30% are from the US and 15% are from a loving bitcoin country, China, how would this change in the
near future so that the $ would become irrelevant and replaced by BTC? He's just doing what a politician does, trying to get as much hype on his projects so that poeple would tend to ignore his failures. The usual stuff that happens in central and sought America since Chavez.
If we go further in time and speak of a decade then things might start to change more drastically, but who could have predicted 2019 in 2009 or 2009 in 2000?