Nate
shared a link post in group #Crypto
#Crypto collapse: El Salvador's Bitcoin experiment ends in failure.
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. It's a lesson for developing nations who aim to seek out economic autonomy by making crypto legal tender.
https://ticotimes.net/202..
ticotimes.net
El Salvador Abandons Bitcoin as Legal Tender After Failed Experiment
Understand the implications of Bitcoin's downfall in El Salvador. Learn about the failed economic bet and its impact on the country's financial stability.