<<  >> (p.74)
    Author Topic: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻  (Read 51268 times)
    Andrija Branislav
    Member
    **
    Offline Offline

    Activity: 374
    Merit: 32

    SSF Games - Redefining Blockchain Gaming


    View Profile
    May 13, 2023, 09:36:39 AM
     #1461

    [edited out]
    El-Savador is rather doing well with bitcoin as it receives more applaud on how it handles it credit and bitcoin adoption, this is coming from from JP Morgan, El-Savador receives credit as it settles it creditors while maintaining bitcoin investments.

    JP Morgan made a statement concerning El-Savador bond that they are of investment grades, which indicates suitability for any category of investors to fit in by an average El-Savadoran, and the traditional institutions (government/IMF) are giving complement on this entire experience with bitcoin adoption in El-Savador and it's ability to deal down it's credit well to a reasonable extent from it creditors, maybe the season of it attacks and insults are getting over gradually with the public as bitcoin remains unstoppable and decentralized.

    JP Morgan is a flip-flopper, so I would not expect any kind of discontinuation of the attacks on bitcoin and various bitcoin-related infrastructure that is being built, even though surely it can feel a lot better to experience positive rather than negative statements about bitcoin - even though it is best for all of us to remain skeptical when we see some of these BIGGER players sometimes seeming to want to play both sides of the fence.

    I think, Yes. Certainly there is some concern within the cryptocurrency community regarding the motivations of the larger institutions and their contradictory statements regarding Bitcoin and El Salvador's decision to make Bitcoin legal tender is a positive development, it is wise to note. JP Morgan as you mentioned also has a tumultuous history with Bitcoin, and their recent comments regarding the cryptocurrency have been somewhat confusing. It is possible that some institutions attack Bitcoin publicly while investing in it privately.

    SATOSHI STRIKE FORCE    /     A Companion Game on Mobile and Web
    Pre-Seed & Seed > 100k SOLD!   |   Private Sale  >  - coming soon -
    ███████████  [  TOKENSALE  ]   [         X         ]   [   TELEGRAM   ]  ███████████
Page 73
Viewing Page: 74