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El Salvador's Bitcoin experiment: $60M lost, $375M spent

12 pointsby 2pEXgD0fZ5cFover 2 years ago

2 comments

2pEXgD0fZ5cFover 2 years ago
<i>El Salvador&#x27;s bitcoin experiment: $60 million lost, $375 million spent, little to show so far</i><p><i>Key Points:</i><p>- El Salvador has lost around $60 million on its bitcoin bet one year into a nationwide crypto experiment.<p>- The use of bitcoin in El Salvador appears to be low amid the market volatility.<p>- The country faces plummeting economic growth and a high deficit.<p>---<p>(Quoted from the article)
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Ptchdover 2 years ago
Could have been a lot worst, even if it would have been in the stock market