this post was submitted on 18 Mar 2024
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267
El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC 'Becomes Unaffordable' With Fiat Currencies, Says President Bukele – Featured Bitcoin News (news.bitcoin.com)
submitted 8 months ago by AnActOfCreation@programming.dev to c/technology@lemmy.world
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  • El Salvador will continue buying 1 Bitcoin daily until it becomes unaffordable with fiat currencies
  • President Bukele's statement highlights commitment to cryptocurrency adoption
  • Move demonstrates belief in Bitcoin's long-term value and potential as a global currency alternative.
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[–] Mubelotix@jlai.lu -5 points 8 months ago* (last edited 8 months ago) (1 children)

Yeah, this basically gave away the whole country to the USA, but now with Bitcoin, this is over!

[–] FiniteBanjo@lemmy.today 3 points 8 months ago

TBH Bukele is more likely to steal the country's finances than the USA. The USA doesn't have the power to seize decentralized currency from across the equator, at least not without empowering the CIA but every time we do that they destabilize a region, create a theocracy, or trick us into another war so we're getting pretty sick of their shit.