El Salvador to host 44 countries to discuss Bitcoin

[deaddog]

One year on, El Salvador's Bitcoin experiment has proven a spectacular failure (theconversation.com)

"International credit rating agencies Fitch has downgraded El Salvador’s credit rating this year, citing concerns about its Bitcoin policies.

No other country with its own currency, not even ones such as Zimbabwe and Venezuela with discredited currencies, has followed suit and made Bitcoin legal tender.

Given El Salvador’s record, it is is unikely any ever will."

 

[johnarb]

One year on, El Salvador's Bitcoin experiment has proven a spectacular failure (theconversation.com)

"International credit rating agencies Fitch has downgraded El Salvador’s credit rating this year, citing concerns about its Bitcoin policies.

No other country with its own currency, not even ones such as Zimbabwe and Venezuela with discredited currencies, has followed suit and made Bitcoin legal tender.

Given El Salvador’s record, it is is unikely any ever will."

El Salvador is doing very well, double digit GDP growth,

https://twitter.com/x/status/1576430389748699136

 

[johnarb]

Bukele telling Bank of England "I told you so!" lmao

https://twitter.com/x/status/1574479559994531840

 

[johnarb]

Bank of America research on El Salvador

https://twitter.com/x/status/1574935213410439169

https://twitter.com/x/status/1574885965444915223

 

[johnarb]

And El Salvador is not going bankrupt, they're paying off their debts, unlike a lot of 1st world countries keep piling on trillions of $ of debt and printing tons of shitcoin paper fiat currencies

https://twitter.com/x/status/1572676285461061632

 

[deaddog]

And El Salvador is not going bankrupt, they're paying off their debts, unlike a lot of 1st world countries keep piling on trillions of $ of debt and printing tons of shitcoin paper fiat currencies

I know you are young and gullible, but even you should know that once in a while a politician has been known to stretch the truth.

 

[johnarb]

I know you are young and gullible, but even you should know that once in a while a politician has been known to stretch the truth.

I know you're a stupid old fool but those info came from outside sources and easily verifiable by someone who has enough intelligence to do so

 

[deaddog]

I know you're a stupid old fool but those info came from outside sources and easily verifiable by someone who has enough intelligence to do so

LOL You're right I don't believe anything I see on twitter. Especially from politicos.

 

[johnarb]

LOL You're right I don't believe anything I see on twitter. Especially from politicos.

I don't care what you believe, I'm waiting for you to produce your research to dispute the KPI metrics, BofA research report or the bond purchase

Or once again you're all talk no action, deaddog?


https://www.bloomberg.com/news/arti...o-buy-back-its-deeply-distressed-dollar-bonds

 

[deaddog]

I don't care what you believe, I'm waiting for you to produce your research to dispute the KPI metrics, BofA research report or the bond purchase

Or once again you're all talk no action, deaddog?


https://www.bloomberg.com/news/arti...o-buy-back-its-deeply-distressed-dollar-bonds

El Salvador Bonds Surge on Bukele’s Plan for Buyback at Market Prices

• Goverment will make ‘transparent, public and voluntary’ offer
• The program will start in six weeks, Bukele tweeted Tuesday

They haven't done anything yet. Only plans.