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bluescrn
on May 11, 2022
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El Salvador expected to default as Bitcoin plummet...
It's fluctuated ridiculously over the last 18 months.
But if you bought before about Nov 2020, you've still at least doubled your money.
kasey_junk
on May 11, 2022
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That’s not helpful for the remittance use case.
pessimizer
on May 11, 2022
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That's just your privilege talking. If you were a poor El Salvadoran, you'd be thankful to the tech gods to wait a year for your bitcoin purchase to recover its value in order to dodge an $8 Western Union fee (and pay a bitcoin transaction fee.)
onlyrealcuzzo
on May 11, 2022
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Also EXTEMELY unfavorable when you can be margin called.
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But if you bought before about Nov 2020, you've still at least doubled your money.