The Bitcoin situation is interesting since it took the state to implement it. That isnt what cryptocurrency is about.
However, BTC has too much volatility especially for El Salvador. They already use the USD so they were not subject to currency fluctuation. Now they are with BTC.
It would have been better for a country that doesnt have the USD as legal tender to opt for a crypto alternative.
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Ah okay. The sad thing is people who don't know are going to point to it and say it is failing when really it wasn't implemented properly in the first place. It's just more FUD for crypto.
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Yeah they will. The key is to keep watching stablecoins. That is where the breakthrough will come in my opinion.
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