13 years of history, two mainstream attention market cycles, two countries adoption as legal tender, and there are still people who think this is a temporary fad? One day they'll wake up and wonder why Bitcoin just won't go away. Greenpeace refuses to change the code for themselves, run the code for themselves, use the code and bitcoin for themselves. Bitcoin can't be currency", with someone who all it talked was about truth and never tried to get the point of the Bolivar losing 90% of its value in a day.
"Gensler has previously said he regards Bitcoin as a commodity, which functions under a proof-of-work (PoW) protocol that would place it outside the jurisdiction of the SEC, but did not extend that definition to any other cryptocurrency. "
The influence El Salvador will wield if they become wildly successful as progenitors of the national bitcoin adoption experiment, throwing off the yoke of the IMF, and wielding their new diversification and investment capacity will be significant, possibly outpacing the norwegians for the largest sovereign wealth fund in the world and elevating quality of life in el salvador immeasurably. The best case scenario for this bet working out is, like, night and day difference for this generations children in that country. Depends on your reasons for owning it i guess. Mine is a few reasons but the persistent closing in reality of a cbdc and even if bitcoin was 0 in fiat terms, i could still transact with other bitcoiners. Thats somewhat comforting.