Do you think El Salvador is under threat for accepting Bitcoin as their currency?

Status
Not open for further replies.

Sherman198

VIP Contributor
Couple of months after El Salvador became the first country to accept and legalize Bitcoin as legal tender, the world finance power houses continue to showcase and express their huge and grave doubts about the unprecedented move.

While the International monetary fund (IMF) has served an ultimatum to El Salvador that Bitcoin should not be put in used as a legal tender, It was said that, the Bank of England’s chief again strongly exercises his opposition to the concerning experiment. The global powers said the Latin America doesn't know how risky the currency can be.

Now, the president is launching the built Bitcoin city soon. I definitely know this new city will further cause many more countries to adopt Bitcoin. However, this will also cause many powerful countries to be at loggerheads with El-Salvador.

What's your take on this????
 
Status
Not open for further replies.
Top