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 What will the crypto crash mean for El Salvador?

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TSzeb_9966
post Jun 17 2022, 12:15 PM, updated 4y ago

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Full article: What will the crypto crash mean for 'bitcoin nation' El Salvador?

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From article:
For El Salvador, which staked its economy on the success of bitcoin when it became the first country to make cryptocurrency legal tender in September 2021, the crash has wiped out more than half of its bitcoin holdings – and could be the death knell for its national crypto experiment. 😬

Meanwhile, in Malaysia:

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Sos: Malaysia Should Make Bitcoin, Crypto Legal Tender: Deputy Minister 🤡


lyn_member
post Jun 17 2022, 12:16 PM

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not yet cash out not yet lose
Lada Putih
post Jun 17 2022, 12:17 PM

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less malleable rate by foreign entity unless said foreign entity also uses the BTC
Gentleman_League
post Jun 17 2022, 12:19 PM

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i heard Jake paul was broke cos he invested all his money in crypto , was live at logan paul podcast yesterday.

well someone did threw a curve ball at him haha
TSzeb_9966
post Jun 17 2022, 12:23 PM

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Sos: https://nayibtracker.com/ 😂
TSzeb_9966
post Jun 17 2022, 12:26 PM

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Nayib Bukele's Last Dip:

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sweat.gif sweat.gif sweat.gif

This post has been edited by zeb_9966: Jun 17 2022, 12:26 PM
Nigmo
post Jun 17 2022, 12:28 PM

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they #1 drug producer, no problem.
iGamer
post Jun 17 2022, 12:35 PM

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El Salvador just need to convince another stupid 3rd world country to buy crypto to jack up market price, that's how crypto economy works. innocent.gif
lawliet88
post Jun 17 2022, 12:37 PM

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QUOTE(Gentleman_League @ Jun 17 2022, 12:19 PM)
i heard Jake paul was broke cos he invested all his money in crypto , was live at logan paul podcast yesterday.

well someone did threw a curve ball at him haha
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Everything is for content bruh, if really broke he wont do podcast but go 14floor instead
TSzeb_9966
post Jun 17 2022, 12:43 PM

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QUOTE(Gentleman_League @ Jun 17 2022, 12:19 PM)
i heard Jake paul was broke cos he invested all his money in crypto , was live at logan paul podcast yesterday.

well someone did threw a curve ball at him haha
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Sos: Jake Paul, Kim Kardashian Lead List of Celebrities Sued for Crypto Ads
TSzeb_9966
post Jun 17 2022, 12:44 PM

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QUOTE(iGamer @ Jun 17 2022, 12:35 PM)
El Salvador just need to convince another stupid 3rd world country to buy crypto to jack up market price, that's how crypto economy works. innocent.gif
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Like Malaysia? brows.gif
soul78
post Jun 17 2022, 12:49 PM

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Gentleman_League
post Jun 17 2022, 02:44 PM

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QUOTE(lawliet88 @ Jun 17 2022, 01:37 PM)
Everything is for content bruh, if really broke he wont do podcast but go 14floor instead
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that was I'm thinking.


in the end of the month bitcoin will hit 100k high, if you think I'm wrong you are correct. brows.gif

 

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