El Salvador (the entire nation) accepts Bitcoin as legal tender.

NedoftheHill 47382 posts Joined: Jun 29, 2011

Posted 2:42 pm on Apr 25, 2022

If people want something less volatile, the would have to go with a tethercoin (e.g., a cryptocurrency tied to the USD) or a digital currency (like the digital Yuan or digital Pound).

Evil preaches tolerance until it is dominant, then it tries to silence good.

Replies 24

El Salvador (the entire nation) accepts Bitcoin as legal tender. NedoftheHill 2:42pm · 4/25/22
- This was before their corrupt president made that official. LanceHarbor 2:48pm · 4/25/22
  - Right. John Doe takes the easy route, until it becomes too costly. Then he chooses next best option.NT NedoftheHill 2:51pm · 4/25/22
    - That's right, I forgot about the hyperinflation in your scenario.NT LanceHarbor 3:28pm · 4/25/22
      - I'm certainly not going to bet against the dollar...but I'm not above hedging a small portion.NT NedoftheHill 4:12pm · 4/25/22

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