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irradiated@radiation.partyMB to TechNews@radiation.party · 2 years ago

[HN] It's robbery': Salvadorans slow to adopt Bitcoin

news.yahoo.com

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[HN] It's robbery': Salvadorans slow to adopt Bitcoin

news.yahoo.com

irradiated@radiation.partyMB to TechNews@radiation.party · 2 years ago
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'It's robbery': Salvadorans slow to adopt Bitcoin
news.yahoo.com
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Two years ago, El Salvador shrugged off a chorus of warnings and adopted Bitcoin as legal tender in a bid to revitalize its economy and improve access to financial services.Economist Cesar Villalona told AFP that Bitcoin "does not exist in the local economy" in any significant way, because in El Salvador "everything" is paid in dollars: wages, services and goods.

[ comments | sourced from HackerNews ]

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