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A comment on El Salvador abandons Bitcoin as legal tender after failed experiment. Parent comment

Re:El Salvador abandons Bitcoin as legal tender after failed... by Arainach on Monday February 03, 2025 @09:24PM (#42926868)
A deficit is not a loan. The USD and the historical strength and faith on the US allowed the US to offer its own securities, not ones pwned by and with terms dictated by external entities.
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Re:El Salvador abandons Bitcoin as legal tender after failed... by 2030ai on Monday February 03, 2025 @10:24PM (#42927437)
It smells, looks and quacks like a loan.
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Re:El Salvador abandons Bitcoin as legal tender after failed... by __MatrixMan__ on Tuesday February 04, 2025 @01:16AM (#42928711)
Smells more like a tokenomics scheme than a loan to me.
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Re:El Salvador abandons Bitcoin as legal tender after failed... by whimsicalism on Monday February 03, 2025 @10:33PM (#42927517)
the US borrows money. sure it can monetize its own debt at any time but that would have its own set of very high costs
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