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El Salvador passes law making Bitcoin legal tender


VaporTrail

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Seems like a good hedge against inflation thanks to all the money printing we've been doing. Purchasing power of the dollar is the lowest it has ever been. These short-sighted politicians are probably going to kneecap Americans investors and Americans who are thinking about diversifying with crypto. If our wise government decides to go that route, the rest of the world will move on without the dollar.

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9 hours ago, VaporTrail said:

When the alternative is hanging on to the dollar and hoping the purchasing power will come back...

 

See the source image

 Regardless I would think it would be a negative situation if the United States currency wasn't the world standard. But nothing lasts forever I guess. England France and Spain used to be world powers not too long ago.

 

WSS

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  • 4 weeks later...

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