'It's robbery': Salvadorans slow to adopt Bitcoin

Flying Squid@lemmy.world to Technology@lemmy.world – 67 points –
'It's robbery': Salvadorans slow to adopt Bitcoin
news.yahoo.com
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1bluepixel is an intelligent person who knows what he is talking about!

Edit: Alright, I'll admit I'm wrong. You are pretty dumb. Stay classy.

El Salvador adopted both BTC and the U.S. dollar at the same time as national currencies. It's not a matter of BTC vs. SVC.

Edit: The person I'm replying to edited their comment instead of admitting they were wrong. Classy.

You're getting downvotes from the cryptobros who refuse to acknowledge the legitimate criticism of their holy savior BTC.

I have not seen a single piece of legitimate criticism of BTC anywhere on the whole wide lemmyverse. And there's plenty to criticize.

El Salvador adopted USD in 2001 and phased out the Colon (former currency) over the next few years. Bitcoin came way later.

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The story and OP's blurb both say that all the locals use USD for everything, not the El Salvador Colon. So you comparing the volatility of the ESC to BTC is worthless.

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