The Werff Report

The Werff Report

El Salvador has become the world's first country to make Bitcoin a legal tender, effectively allowing it to establish an exchange rate between it and the U.S. dollar in the market. Lawmakers approved the bill 62 to 22. Thoughts? Good or Bad?

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Jeff H.
Jeff H. 3 лет тому назад
They just added it as a legal tender. They still use the US dollar.
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Cryys
Cryys 3 лет тому назад
Hasn't Bitcoin devalued 50%? I wouldn't put my whole country on crypto
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Jeff H.
Jeff H. 3 лет тому назад
Theory, good. How it will flesh out practically, who knows. Crypto volatility is still too scary. Store owners who accept would have to be so diligent about keeping prices accurate, daily at a minimum.
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