Comment Comment by 2pEXgD0fZ5cF El Salvador's bitcoin experiment: $60 million lost, $375 million spent, little to show so farKey Points:- El Salvador has lost around $60 million on its bitcoin bet one year into a nationwide crypto experiment.- The use of bitcoin in El Salvador appears to be low amid the market volatility.- The country faces plummeting economic growth and a high deficit.---(Quoted from the article) parent 2pEXgD0fZ5cF 4 years ago
Key Points:
- El Salvador has lost around $60 million on its bitcoin bet one year into a nationwide crypto experiment.
- The use of bitcoin in El Salvador appears to be low amid the market volatility.
- The country faces plummeting economic growth and a high deficit.
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(Quoted from the article)