40 sats \ 3 replies \ @KingZing 17 May 2022 \ on: Most Salvadorans have already ditched their national bitcoin wallets | Rest of World bitcoin
The fact that Chivo saw mass adoption but most abandoned it after withdrawing the bonus suggests that Bitcoin in its current form “is not such an effective means of payment,” Álvarez said This quote only makes sense if Chivo was the ONLY bitcoin wallet.
Honestly it doesn't surprise me if most don't keep the bitcoin, they aren't exactly wealthy enough to sit through volatility. But that doesn't mean bitcoin isn't a great remittance tool, especially with lightning.
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20 sats \ 2 replies \ @ideasourcing 18 May 2022
they will regret it, as will all the poor people of the world, those who were forced in these inflationary times to sell their stack for fiat by force
though I'm not rich, I'm glad I'm not poor and forced to sell my stack
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20 sats \ 1 reply \ @KingZing 18 May 2022
Inflation isn't a scary beast until it lost control. they already have USD, which is the strongest fiat against other currency by far, trading 5 years ATH against many others
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11 sats \ 0 replies \ @ideasourcing 18 May 2022
Good morning, Plebs
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