Post
Topic
Board Bitcoin Discussion
Re: El Salvador amidst its cryptocurrency adoption
by
Ale88
on 26/05/2022, 15:57:24 UTC
As the market is falling now, does that mean El Salvador will fall too? Many shades have been thrown on this matter. What happens to El Salvador if the market falls!!
El Salvador has a very little reserve of bitcoin, less than 2,000 bitcoins, they're still in the early phase of this very interesting financial experiment. If the country will fail it's because of other reasons, not because bitcoin. Let's not forget that we're talking about a third world country with a small economy and serious safety issues because of the local gangs. Anyway I really hope they can make it, at least it looks like that Bukele is actually trying to solve the criminality problem.