Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Fatunad
on 14/06/2022, 22:58:14 UTC
I am sure that it is worth looking for a very thin level between whether to use bitcoin, and if so, in what volumes. I think it's pretty important.
At Which volume, i don't think that's so important in this situation, since Bitcoin is a decentralized currency and being used and adopted as an alternative currency in El Salvador, the volume at which the country reserve stands is what is important and since 1 Bitcoin= 1 Bitcoin and the 2,301 holding is still intact El Salvador government through the president understand the game quite well and are prepared what this even before the

For sure they had already studied about the probabilities thats why they are already expecting something like this for the market to be on this condition.Its true that 1 btc is always equal to one and no matter what
happen as long they dont sell everything or anything then its not considered to be losses.It might be on negative or deep reds but its not really into that situation where its totally considered to be one.
They could always opt to hold and wait and even the President might be considering on buying even more with these cheaper price since he do indeed know on how crypto game
works and only to those dumb or lacking some ideas will really be just whining and keeps complaining.