Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Adoption In El Salvador Seems To Be Failing
by
Fivestar4everMVP
on 11/07/2022, 19:12:11 UTC
I see this article recently https://markettimes.co.uk/cryptocurrencies/bitcoin-adoption-in-el-salvador-seems-to-be-failing/ what do you think about it? I think Bukele knows the potential of the Bitcoin. The problem is that people wants to be billionaire investing $1000 one day and waiting to get 100,000,000 in a week from earnings of Bitcoin. We need to remember that bitcoin only gonna be 21,000.000
In my opinion, I think its normal not to expect the entire citizens of El Salvador to immediately or instantly get used to Bitcoin just because their government adopted it and made it a legal tender, it is true we all want adoption but certainly, not everybody will like to use Bitcoin as a means of paying for there day to day expenses, some will prefer to buy and keep it as an investment, others will prefer to only use Bitcoin when they want to transfer money to their loved ones that live outside the country, at the end of the day, you discover its just a few person that use the currency for their day to day transactions.