TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Bitcoin: Will El Salvador's big crypto gamble pay off?

3 pointsby lakisalmost 3 years ago

3 comments

idiotsecantalmost 3 years ago
BTC seems like such a strange choice as a walking-around currency. It's extraordinarily expensive in terms of dollars, time, and energy expenditure to transact with for very little benefit. Maybe some people will say that it has use as a long-term storage of value- i'm not fully convinced on that, but at least I can see the argument for infrequently-transacted accounts. But for buying a street taco? Other crypto projects exist with better properties - cheap transactions, uncensorable and untrackable transactions, programmable transactions, etc. Why try to shoehorn BTC into a role it's clearly poorly suited for?
danukeralmost 3 years ago
A better chart: <a href="https:&#x2F;&#x2F;nayibtracker.com&#x2F;" rel="nofollow">https:&#x2F;&#x2F;nayibtracker.com&#x2F;</a>
paulpauperalmost 3 years ago
does not look like it<p>so many people got burned by this sudden crash. it&#x27;s worse than 2018 in terms of steepness and total losses