El salvador bitcoin disaster

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Eth keystore Maxine Waters center speaks as ranking member Rep. See comments. Read More. He will go until the last consequences of this experiment. T he cryptocurrency crisis, worsened by the dramatic collapse of fast-growing crypto exchange FTX in mid-November, has raised questions about the future of these digital currencies. It may be difficult to understand why Bukele remains so enthusiastic about a policy that has been, by almost all metrics, a disaster. As, of course, will the real victims: 6.
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Such a development is surprising considering the administration of Bukele exerted efforts in popularizing the digital asset class. The report notes that "people who send and receive remittances frequently use informal brokers to convert local currency to and from bitcoin" and extremely volatile prices make buying and selling the cryptocurrency a complex task requiring technical know-how. TIME may receive compensation for some links to products and services on this website. Not too much locally," he said.