Despite government incentives to use Bitcoin, people distrust it because they know how volatile it is and 70% of the population thinks it’s a scam.
Turns out even the Salvadoran poor are more financially savvy than tech bros.
1bluepixel is an intelligent person who knows what he is talking about!
Edit: Alright, I’ll admit I’m wrong. You are pretty dumb. Stay classy.
El Salvador adopted both BTC and the U.S. dollar at the same time as national currencies. It’s not a matter of BTC vs. SVC.
Edit: The person I’m replying to edited their comment instead of admitting they were wrong. Classy.
You’re getting downvotes from the cryptobros who refuse to acknowledge the legitimate criticism of their holy savior BTC.
The reason this article exists is because the price as measured in blood money is 26k. If it were 60k a whole different tune would be playing about how great of an idea it was. Actually imo its better now than at its high because moon boys want little to do with it while people who really understand why it exists use it just fine.
So you are saying that if Bitcoin weren’t so volatile, then this would be a good idea? I mean, if my grandma had two wheels she’d be a bicycle.
No, i am saying that even though it is volitile it has people who will use it anyway. I am personally a monero user and i buy some on a monthly basis (id really love to get paid in it) and then pay my bills with it, spend it on things i want, and do it all again next month. I really don’t have to concern myself with the price because i am organically using it and will get more in a few weeks no matter what the price does.
