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20 sats \ 0 replies \ @yakshaver 17 May 2022 \ parent \ on: President Nayib Bukele Announces 44 Countries To Meet In El Salvador To Discuss Bitcoin | Bitcoin Magazine bitcoin
Dollarized developing economies are screwed more from rising inflation than is the US because the cantillon gainz from inflation acrue mostly to rich people in the west.
Bitcoin can check US dollar debasement if it gives 3rd world central banks a highly liquid alternative to US bonds.
The game theory doesn't require full adoption by their people to work out well for these countries.