Hm. Interesting indeed. However two important points: I donât really see the point in focusing on big shopping malls to check on adoption đ âespecially with global corporations/brands that probably operate under specific regulations on their own. (My private experience in at least San Salvador was different, most of places did accept bitcoin). And sure, I don't like the statement 'who cares' about the recent IMF deal ... once you dig a bit deeper into the potential moves in this game and its future consequences, you realize maybe we *should* care đ
Discussion
Thank you very much for that valuable input especially because it also comes from firsthand experience on the groundđ Off the top of my head I would probably assume that big box stores should have been more open to accepting btc as they have the resources and knowledge base (at least on paper) to roll this out, but this clip largely proved that assumption wrong.
Perhaps what he meant by the tongue in cheek comment âwho cares about IMF anywayâ was to suggest that if real adoption hadnât taken off in a meaningful way, the revision of the legal tender status of BTC wonât have a significant impact on the ground; at least from a payments perspective. In reality the IMF deal was a huge step backwards as it effectively curtailed the medium of exchange function of BTC & as I said above itâs going to buy them more time to roll out a CBDC.
Looks like this is a topic for a longer discussionâI could debate some of the points above đ Maybe one day, perhaps on our podcast (when back). I see your point, and I didnât mean to dislike or discredit the video, but I do feel skeptical about some aspects of it.
Definitely going to be worth discussing in depth and would definitely love to get into it once you are back. Hopefully by then he would have done a second vid by then đ