Comment Comment by crazygringo No, this was very specific to crypto:> The IMF was wary of lending to El Salvador while bitcoin was legal tender. Its volatile price posed a risk to financial and fiscal stability.Government currencies don't have the price volatility of Bitcoin. You simply can't reliably manage an economy with that kind of volatility. parent crazygringo 1 year ago
> The IMF was wary of lending to El Salvador while bitcoin was legal tender. Its volatile price posed a risk to financial and fiscal stability.
Government currencies don't have the price volatility of Bitcoin. You simply can't reliably manage an economy with that kind of volatility.