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10 sats \ 2 replies \ @rebel_nomad 4 Feb \ parent \ on: El Salvador abandons Bitcoin as legal tender after failed experiment tech
Absolutely... I do wonder if Bukele simply has chosen to go along with their cored demand on paper only...
What matters is that El Hodlador now is one of the safest countries in the region, and one of the safer on the planet!
Also they keep buying Bitcoin, and whatever the level of real life adoption will be I am simply thinking that rolling back some of the legal parts will not kill the whole project.
It is all about optimism and attracting the right people, maybe that is even easier when at least going along with some of the demands these demons put up!
Especially if you can outfox them long term hehehe...
The whole thing is that they probably gave him the choice of going the way of Gadafi and Hussein or use their paper and take their loans. He decided to take their paper and loans and make BTC an UNOFFICIAL money for El Salvatore. He may just have saved a lot of lives doing that and still letting people use BTC as they like.
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Yeah that is likely...
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