...and of course, nothing can go wrong with that. The strange thing is about the El Presidente's move is that the government usually wants to control the citizens' capital movements, in and out of the country, not to allow a free for all. But as we know, the Pres is a gang banger, so maybe that explains it. Or he wants an easy way to get away with his millions in case of a coup.
Yes, degens in the making He's a popular president because he's crazy like that, but maybe you have a valid point
What we almost fully adopted here that's making our lives somewhat bearable is the USD.. Zelle is the new 'pago móvil' We used BTC when the communist currency exchange control was in full drive, but that's almost over (the currency exchange control, not the communism tho). And most of the related business is mining due to the almost 'free' electricity (during the hours that you have it, of course).
What we always wanted is US DOLLARS! and finally, with the loosening of the absolute currency exchange control the use of USD is almost fully adopted
Everything that's too cheap will be arbed the soul out of it. That's why there 's so much ppl mining in Venezuela.. the catch is, during the hours you do have power!
In the other part of the world, the Thai SEC has just banned all cryptos NFTs and social tokens: https://decrypt.co/73445/thai-sec-orders-exchanges-to-delist-meme-coins-nfts-and-social-tokens
The World Bank has officially rejected a request by the government of El Salvador to help with the adoption of Bitcoin as legal tender. Among the motives the World Bank cites for its decision is the lack of transparency when it comes to bitcoin transactions, as well as concerns linked to the environmental impact of bitcoin mining.