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.
Violence based currencies are not sustainable in the long term. That’s why the petrol-dollar has been steadily decreasing in global reserves. It’s why the IMF has to outlaw bitcoin instead of competing with it.
Nothing backs US currency?
I’d argue the US military backs the US dollar.
Violence based currencies are not sustainable in the long term. That’s why the petrol-dollar has been steadily decreasing in global reserves. It’s why the IMF has to outlaw bitcoin instead of competing with it.