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Unfortunately people here doesn’t trust in bitcoin and its volatility, they don’t have money to risk, they see bitcoin as a risky investment asset, they prefer to buy dollars as a reserve of value, because dollar always increases its value in pesos, or they invest their pesos in a fixed term deposit (Compound interest rate >105%), or they buy long-term goods to try to lose less.

🇦🇷🧡 Marcel 🟠⚡️ #Bitcoin is Hope 🙏 2y ago

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🇩𝔢𝔠𝔢𝔫𝔱 🇼𝔦𝔰𝔡𝔬𝔪 2y ago

I understand. As long as there's a slower to depreciate currency, it will be preferred because of the volatility. Hopefully, BTC gets less volatile after a couple more halvenings, or El Salvador sets a good example for others. 🙏🏼

🇦🇷🧡 Marcel 🟠⚡️ #Bitcoin is Hope 🙏 2y ago

I have read a lot of people saying they don’t use bitcoin in El Salvador. I would like to know the true about it.

🇩𝔢𝔠𝔢𝔫𝔱 🇼𝔦𝔰𝔡𝔬𝔪 2y ago

I have read that too. It'll take time to understand and adopt. The volatility is hopefully only temporary so it is easier to adopt.

I think it would be great if we can send BTC to people to use in El Salvador so they do not have to worry about its price.

🇦🇷🧡 Marcel 🟠⚡️ #Bitcoin is Hope 🙏 2y ago

Unfortunately I can’t send btc to nobody 😢 I use it to pay bills so for me bitcoin is a big help