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El Salvador abandons Bitcoin as legal tender

(ticotimes.net)
927 points smallerfish | 1 comments | 04 Feb 25 00:00 UTC | HN request time: 0.4s | source
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ks2048 ◴[04 Feb 25 00:26 UTC] No.42925530[source]▶
Do pro-bitcoin people still talk about goals of bitcoin being a currency that people use daily?

I don't follow it closely, but that idea seems to have faded and now it's just an asset to buy and hold while it magically goes up forever.

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sporkydistance ◴[04 Feb 25 00:42 UTC] No.42925711[source]▶
Why would anyone spend a single BTC/sat. if they know it could be worth 10x more in a few weeks/years?
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hackernudes ◴[04 Feb 25 01:02 UTC] No.42925943[source]▶
Because they need toilet paper today.
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1. sporkydistance ◴[04 Feb 25 01:17 UTC] No.42926103[source]▶
Selling a speculative investment for a necessity screams: "I don't understand personal finance."