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by lalaland1125 1655 days ago
This is pure deflection. The use of BTC in El Salvador is a joke. Comments about whatever US corruption don't change that.
2 comments

Many large retailers are accepting Bitcoin here in El Salvador using the Lightning Network or Chivo.

What I've seen is that those who recently bought Bitcoin, didn't want to spend their Bitcoin if they had USD.

At least last month, when Bitcoin price was going up, they preferred to spend USD instead of Bitcoin.

Ding ding ding.

Can't believe this is the issue that shows me the HN bubble I've heard so much about, but seemed impossible

So is Bank of America misinformed, or are you?

"El Salvador’s Bitcoin experiment has been a relative success to date – the country became the first in the world to adopt Bitcoin as legal tender; a larger proportion of the population has a Chivo digital asset wallet than a bank account"