Quote from: JayJuanGee on March 14, 2024, 11:35:56 PM

Quote from: humanvelocity on March 14, 2024, 08:24:13 PM

El Salvador is a fool for doing this. I highly suggest everyone to sit back and watch how this country will crumble because of Bitcoin. Encouraging Decentralised currency and making it tax free is not a good idea at all. There are so many things wrong with this but I seriously can't be bothered typing all that but anyone smart enough and knows how the world works will surely know what I mean

People here are not going to know what you mean, unless you explain how you happen to be so supposedly smart in regards to the soundness (or lack thereof) of El Salvador's finances.

If you are making extraordinary claims then you need evidence (perhaps extra ordinary evidence), and more than just mere assertions of supposed logic that is based on your feelings about how the world supposedly works.

You can't expect to see a nice reaction for a people doesn't really take the extraordinary risk for betterment of certain things and I understand his sentiments towards what El Salvador's President done since this is also what has been said by some people during their announcement of making bitcoin as their legal tender and for sure their statement will be change once they see a great changes on economy thru their decisions they made for investing or making bitcoin as their legal tender.

For now expect that there are still skeptical people on recent moves they do since what they understand that bitcoin is high risk investment. But they didn't realize that bitcoin's potential is so huge and ETF approval is just start of everything and for sure we can see more of this especially new adoptions will came.