Personally I don't see how making a magic chuck-e-cheese coin into a legal tender will turn a shithole country into a paradiseThe new president and the majority of the parliament are on the same boat/party with the same views, they say no to the past, no crime etc and they walk on this line, so big future for this small country. From shith* is going to be a paradise.
If this move has a good impact on El Salvador other "shithole" countries could follow.El Salvador is a banana republic of 6 million people out of which 2.3 million live in the US, their biggest export is MS-13 gang members which rape and slaughter people with machetes
So clearly, this is good for Bitcoin
As you say, other “shithole” countries don’t add up.If this move has a good impact on El Salvador other "shithole" countries could follow.
And that is good for bitcoin. If no country would ever take bitcoin as legal tender it would change nothing for bitcoin. If countries take bitcoin as legal tender it changes the global position and view of bitcoin.
For the 1000th time, it doesn't matter if anybody accepts Bitcoin or not, because nobody wants to pay with Bitcoin for anything. Everybody just to "HODL" it for speculation, or use it for crimes (money laundery \ bypassing currency controls).If this move has a good impact on El Salvador other "shithole" countries could follow.
And that is good for bitcoin. If no country would ever take bitcoin as legal tender it would change nothing for bitcoin. If countries take bitcoin as legal tender it changes the global position and view of bitcoin.
True Real crypto user does not care about this.For the 1000th time, it doesn't matter if anybody accepts Bitcoin or not, because nobody wants to pay with Bitcoin for anything. Everybody just to "HODL" it for speculation, or use it for crimes (money laundery \ bypassing currency controls).
For these purposes you don't need a government accepting it. All the creepto bros just hope that some country will start buying BTC and lift the price back up so they can sell and not remain holding the bag (as most of them do now)
Hilarious how big of a cult the creepto people are. A week ago they were all worshipping Elon, now Elon is the antichrist and Nayib Bukele is the new savior that is going to pump their favorite shitcoin to the moon...