And now the people of El Salvador will be forced to sell their Bitcoin for Dollar again to avoid paying taxes. In this regard, the experiment failed. El Salvador always has been part of the USD system.
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0 sats \ 0 replies \ @itsrealfake 20 Dec 2024
I wasn't a fan of article 7.. so this news was bittersweet
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0 sats \ 0 replies \ @drcv 19 Dec 2024
Well, that was quite a scathing take. Not many points given for any successes, or even half successes.
Did something bad happen because of El Salvador's adoption, or it's just the fact that the IMF leaned on the country to impose its own demands, like it has in the past and will, time and time again?
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0 sats \ 3 replies \ @SpaceHodler 19 Dec 2024
Where does the article say that?
I only see where it says they won't be allowed to pay taxes in BTC.
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0 sats \ 2 replies \ @Rsync25 OP 19 Dec 2024
This is my opinion. LMAO
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0 sats \ 1 reply \ @SpaceHodler 19 Dec 2024
But how will selling their sats for $ help them avoid paying taxes?
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0 sats \ 0 replies \ @Rsync25 OP 19 Dec 2024
They will need to pay taxes in USD instead of Bitcoin.
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0 sats \ 0 replies \ @guts 19 Dec 2024
IMF imprison a SA country again
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0 sats \ 0 replies \ @rikbona 19 Dec 2024
I often think they were probably too erlarly for all that
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