The fact that he is laughing at other's failure when he himself made his country in so much debt is funny to me.
Sure, but any country got in huge debt during covid. I checked the numbers and he brought the debt to gdp down from 89% in 2020 to 82% now
1.
I mean, he bought without hiring a single person from his whole country who can do some good level TA.
When he was FOMO'ing, everyone, even my Labrador called to sell. That's what I find actually funny.
In theory yeah, but they’re not really trading the Bitcoin, its held in a trust fund accounted for in usd. They need this convert between usd and Bitcoin for Chivo etc. They can’t do trading with this, and it’s not the job of a state. When a country starts adopting they wont care about when theyre entering, because the bigger challenge is getting started with adoption. To me it seems like he actually tries to set up things for the benefit of the country, and not himself. But then again im not his lawyer and am also working with limited information.
[1]
https://www.imf.org/en/Publications/WEO/weo-database/2022/April/weo-report?c=253,&s=LUR,GGR,GGR_NGDP,GGX,GGX_NGDP,GGXCNL,GGXCNL_NGDP,GGSB,GGSB_NPGDP,GGXONLB,GGXONLB_NGDP,GGXWDG,GGXWDG_NGDP,NGDP_FY,BCA,BCA_NGDPD,&sy=2017&ey=2027&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1