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A comment on El Salvador's crypto experiment ends in failure. Parent comment

Re:El Salvador's crypto experiment ends in failure by wegfawefgawefg on Monday March 10, 2025 @01:28AM (#43317261)
thats the same with bitcoin
[ Parent | on HN ]
Re:El Salvador's crypto experiment ends in failure by crazygringo on Monday March 10, 2025 @09:23AM (#43320331)
I will repeat my other comment:

> Just over the past year BTC has gone between $54K and $104K.

That's crazy volatility. That is not the same as local currencies.

And with Bitcoin there's no such thing as local purchasing power.

[ Parent | on HN ]
Re:El Salvador's crypto experiment ends in failure by wegfawefgawefg on Friday March 14, 2025 @08:06PM (#43368632)
theres no local purchasing power only because it isnt used locally like that
[ Parent | on HN ]