Post
Topic
Board Bitcoin Discussion
Re: El Salvador amidst its cryptocurrency adoption
by
hatshepsut93
on 24/05/2022, 18:22:54 UTC
People from El Salvador who got burned on Bitcoin investments will certainly blame Bukele on that. So maybe lack of mass adoption is actually a good think for him - less angry citizens to worry about. This crash yet again highlights that storing money that you actively use in Bitcoin is not exactly good idea, you never know when it will decide to lose 25% of its value in one day. It's one thing to HODL it for years without ever touching it, and another to make your daily spendings using unstable currency.