62. El Salvador on The Bitcoin Standard
The Bitcoin Standard Podcast
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I Don't Know if the Bitcoin Is Failing or Not
I don't think it's a good idea to force businesses to accept Bitcoin. Most people, they're not going to be converted into hot alerts just because government said so. I suspect there might be some risk here for the Salvadorian governments in that they're buying $150 million of worth of Bitcoin. The bigger risk is the response of the international community and the international financial institutions. It'll be fascinating to see what the IMF is going to do about this.
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