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.

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton