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69 sats \ 1 reply \ @TheBTCManual 6 Jul 2022 \ on: Is El Salvador Benefitting from Bitcoin? bitcoin
And what does that mean for the average person? Has it remarkly improved their standard of living because that was the promise, throwing cherry picked figures around is just PR, where are the figures like
- Average savings increase
- Increase in wages
- Increase in businesses, and jobs you say 60k jobs, but how many were lost prior to covid, come on man
Things that really matter to the man on the street, if you're going to rate bitcoin, rate it against the factors that make a real difference to people. I am bullish on it, but lets not orange wash things lets face reality
These are all good questions you’re asking.
As I said above, it’s hard to figure out if Bitcoin specifically has impacted El Salvador, as the effects of covid, inflation, and Nayib Bukele’s policies could also be playing a role in these trends. Feels like we need more data to know for sure.
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