“President Nayib Bukele says Bitcoin will make it easier for Salvadorans living abroad to send payments home.”
I don’t know the man personally but, based on this alone, he’s either a clueless fool or an ecocidal psychopath.
@aral I just read his Wikipedia page and I'm going with psychopath.
@aral Doesn't that sound more like a way to get around international sanctions on money transfers to dictatorships?
@aral 8 had nearly the same first thoughts here when i heard of that.
Using a totally unregulated, extremely volatile, digital speculation construct which usage alone worsens our increasing CO2 problem totally unnecessary should help anyone? Those crypto and blockchain lemmings will bring up our next serious global crisis.