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We know how that is supposed to end after “then they fight you” but that is only one of 4 scenarios that could play out. First, let’s look at who is attacking El Salvador with words. A lot of people who should not care a damn about a country that represents 0.02% of global GDP, […]
The post Bitcoin in El Salvador Part 4. Then they fight you (first with words). appeared first on Daily Fintech.
El Salvador’s moves in bitcoin align to the main job job of an economy – to put money in the pockets of the people – in 3 ways: Tourism money. Bitcorati (people who made money from Bitcoin) want to have some fun when not talking crypto innovation and El Salvador has lots of fun things […]
The post Bitcoin in El Salvador Part 3. Voters call the shots with regulators leading to jurisdictional competition appeared first on Daily Fintech.
If you want to annoy a Bitcoin fan, talk about the electricity cost of mining killing the planet. El Salvador is showing why this is lie by using renewable volcano energy to generate electricity to power Bitcoin mining. Whether the renewable energy source is volcano, or sun or wind or tides or geothermal geysers, the […]
The post Bitcoin in El Salvador Part 2. Sustainable Electricity from volcano to sun appeared first on Daily Fintech.
El Salvador is getting a lot of attention for a little known country whose GDP in 2020 was only $24.64 bn (0.02% of the world economy). After El Salvador announced the stunning move to make Bitcoin legal tender on 25 June 2021, Daily Fintech opined 10 reasons El Salvador President made the right call on […]
The post Bitcoin in El Salvador Part 1 First the Rest then the West appeared first on Daily Fintech.