Understand the implications of Bitcoin's downfall in El Salvador. Learn about the failed economic bet and its impact on the country's financial stability.
  • panchobarnes@lemm.ee
    271·
    6 months ago

    The IMF wouldn’t give them a credit unless they stopped forcing people to accept Bitcoin as payment, which almost no one was using anyway.

    officials ensure that the government will continue betting on this cryptocurrency, whose price currently exceeds $100,000.