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by Karrot_Kream
247 days ago
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> How did that experiment with Bitcoin as legal tender go? Interestingly enough, El Salvador uses US Dollars as legal tender. They were forced to stop treating Bitcoin as legal tender when they took a loan from the IMF (because the IMF viewed the instability of Bitcoin as a financial risk), but even before that only small pockets of El Salvador really used Bitcoin. Bitcoin is still usable but not required and I think it's still the same small pockets that use it, often for attracting tourists. |
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