Two years ago, El Salvador shrugged off a chorus of warnings and adopted Bitcoin as legal tender in a bid to revitalize its economy and improve access to financial services.Economist Cesar Villalona told AFP that Bitcoin "does not exist in the local economy" in any significant way, because in El Salvador "everything" is paid in dollars: wages, services and goods.
The reason this article exists is because the price as measured in blood money is 26k. If it were 60k a whole different tune would be playing about how great of an idea it was. Actually imo its better now than at its high because moon boys want little to do with it while people who really understand why it exists use it just fine.
Run up to halving the FUD ramps up