El Salvador’s Bitcoin Gamble, One Year Later
Bloomberg Crypto
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The Arguments for Bitcoin in El Salvador
The central bank in el salidor said a couple of months ago that it's only about two %, a little less than two percent of remittances that have come via digital wallet. So most people still are using the traditional services, like money graham and western union. And these are companies too that have also come up with their own digital wallets to try and compete with bit coin and some o the other crypto currencies. The thing is, bit coin volatility is, you know, feature bug. However you think about it, there can be wild swings in the currency.
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