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by kingofheroes 1310 days ago
Ignoring whether buying BTC right now is a good idea or not, I have a fundamental problem with state governments using taxpayer dollars to gamble on crypto. If El Salvador wants to encourage BTC investment, they should provide some sort of tax incentive to citizens who choose to do so. Going into the "invest other people's money" business is not something governments should be doing.
1 comments

State governments already buy and sell gold. All financial assets are a gamble.