100 sats \ 0 replies \ @siggy47 3 Sep 2022 \ on: Was El Salvador too early? bitcoin
No doubt El Salvador is paying the price for btc's recent price action, but most currencies have suffered against the US dollar as the end of the fiat system accelerates. Look at the Turkish Lira or even the euro. It also did not help that this was not an organic, from the ground up adoption, but rather a command from a centralized government. Enemies of bitcoin will portray this as a failure until the halvening in 2024, when Bukele will look like a genius.