One year on, El Salvador’s Bitcoin experiment has proven a failure

Re:One year on, El Salvador’s Bitcoin experiment has proven ... by benj111 on Wednesday September 14, 2022 @07:12AM (#32835571)

And what objective metrics are you using to back up your conviction that bitcoin is worth X?

Many people have conviction in their belief in God. That doesn't make the existence of God any more sound.

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Re:One year on, El Salvador’s Bitcoin experiment has proven ... by plebianRube on Wednesday September 14, 2022 @07:25AM (#32835667)

I may only buy when Fidelity and Blackrock say it is safe for retail, if at all.

Until then, I will let institutions take the risk and I will stick with my index fund.

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Re:One year on, El Salvador’s Bitcoin experiment has proven ... by xwolfi on Wednesday September 14, 2022 @08:46PM (#32845558)

I think even if they say it's safe, it wont make it so: there is fundamentaly no special value in bitcoin compared to the Thai Baht and nobody's rushing to buy those.

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