With Tether headed to El Salvador and Bukele posting towards Rumble that they should also relocate to El Salvador, it seems like the country has begun attracting major up and coming businesses with their Bitcoin stance. This could be the beginning of a major shift in economic power towards countries that embrace Bitcoin.
Huh? Since when is Tether... Bitcoin? This is demonstrating an evolution away from Bitcoin, not towards it.
Regardless of whether it is Tether or Bitcoin the news aimed at cryptocurrency adoption and its development and progress in El Salvador, under the Bukele-led administration that has demonstrated a highly prefilled bitcoin determination and also creations of policies to accommodate bitcoin/crypto-related projects to increase efficiency and scalability for the entire cryptocurrency industry and how citizens adopt and use them to they advantage.
Yes, I think this is great news for digital currency technology, broadly speaking, but bad news for Bitcoin specifically.
Just like the PC was a great thing for computing, but very bad for mainframes.
It's great that Bitcoin has created this market for us, but it's time has passed.