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My take on this dear Lens is that the US government should learn to mind their own internal business and concern themselves with their own internal governmental affairs.The president of El Salvador, Bukele condemned the action by the US government to investigate the risk in the bitcoin adoption as legal tender in El Salvador. This US government are fond of meddling in the affairs of other countries. What is your take on this?
Apart from the US interfering in the affairs of El Salvador, the risk that is involved in El Salvador making bitcoin a legal tender is very huge.There is a lot of risks associated with using bitcoin or any other crypto just a year ago, bitcoin was around $40K and now it is a little below $17K. How can common people minimize this risk when they use bitcoin as a legal tender?
United State are just concerned but the approach they took might be insultive. It is crystal clear that El Salvador made a wrong judgement.Apart from the US interfering in the affairs of El Salvador, the risk that is involved in El Salvador making bitcoin a legal tender is very huge.
The judgement of the bitcoin outcome is totally wrong and it doesn't work. It is not good to focus the growth of the economy on a volatile asset.United State are just concerned but the approach they took might be insultive. It is crystal clear that El Salvador made a wrong judgement.
That is quite reasonable.The judgement of the bitcoin outcome is totally wrong and it doesn't work. It is not good to focus the growth of the economy on a volatile asset.