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To: petal who wrote (226)4/15/2024 5:30:21 PM
From: petal  Respond to of 266
 
PS.
Also, El Salvador's BTC holdings are hardly meaningful, even for little El Salvador. Their ~3 000 BTC are worth approx. 200 mn USD.

Even the USA's BTC holdings are insignificant –– "only" 13 bn USD. Sure, that's 30 % of El Salvador's GDP, but not even 0.1 % of that of the US.



To: petal who wrote (226)4/15/2024 5:30:34 PM
From: Sean Collett1 Recommendation

Recommended By
petal

  Read Replies (1) | Respond to of 266
 
Well Ukraine for instance is looking to pass laws to legalize the crypto sector. Their deputy minister of digital transformation is very pro and if I recall they used funds from crpyto to fund the war early on and wouldn't shock me if it's being used on both sides now still.

Read on Bitcoin.com that he stated recently that legalizing crypto can have powerful economic effects and generate billions.

So could there be a flash crash? Sure thing. Going to 0 though I am not too sure of anymore.

-Sean