“Many countries in Latin America will be adopting #Bitcoin. El Salvador is the first, but we know that many other countries in the region are starting to look towards it." - nostr:npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a

In its weekly industry recap, Reuters highlights adoption in Turkey and Argentina.

https://nostr.build/av/nostr.build_7bb058722d955fd908444345fbd524951a1a9d6fec263e5226ddd9d5c4d76109.mp4

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Discussion

I like the approach of countries getting cozy with Bitcoin but I am skeptical about Argentina. Their relationship to the IMF, through constant bailouts, leads me to believe there will be more harsh terms in the next bailout.

The question remains is how long will they be friendly with the IMF? Ultimately they will need to turn their back on them.

Showing videos with people that are not allowed to breathe is not nice.