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submitted 8 months ago by AnActOfCreation@programming.dev to c/technology@lemmy.world

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El Salvador will continue buying 1 Bitcoin daily until it becomes unaffordable with fiat currencies
President Bukele's statement highlights commitment to cryptocurrency adoption
Move demonstrates belief in Bitcoin's long-term value and potential as a global currency alternative.

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[–] Evil_incarnate@lemm.ee 11 points 8 months ago (1 children)

Since every Bitcoin transaction is traceable, it makes it easier to see where the money goes...

[–] wahming@monyet.cc 8 points 8 months ago

And also stealable with a single passcode. Which they totally didn't give the president's nephew, no sirree