Understand the implications of Bitcoin's downfall in El Salvador. Learn about the failed economic bet and its impact on the country's financial stability.
  • jagged_circle@feddit.nlEnglish
    0·
    20 days ago

    Yeah the headline is insane. This would have been a wildly successful experiment, and now is a great time to cash out.

    I guess they made a deal to sell their coins to the US.

    Edit: misinformation, sorry. They’re not selling. they’re still buying. The IMF is just forcing them to strike the word legal tender