Re:El Salvador’s new Bitcoin wallets could cost Western Unio...
by betwixthewires on Thursday September 09, 2021 @01:52PM
(#28472560)
They're talking about monetary inflation, not price inflation.
El Salvador uses the USD, so if the federal reserve bank of the US prints money it devalues their currency as well. Not a good position to be in as a sovereign nation.
El Salvador uses the USD, so if the federal reserve bank of the US prints money it devalues their currency as well. Not a good position to be in as a sovereign nation.