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Crypto crash puts El Salvador at risk of default -- (link)

Posted by Reagen May 11 '22, 15:59

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https://english.elpais.com/economy-and-business/2022-05-10/el-salvador-expected-to-default-as-bitcoin-plummets.html (english.elpais.com)

Responses:

El Salvador must not be too worried because they bought the dip yesterday to the tune of 500 more Bitcoin. -- nm - David May 11, 16:03 5
- Of course they did. Throwing good money after bad shouldn’t be taken as meaning much, imho. -- (edited) - znufrii May 11, 16:08 4
  - I think that buying Bitcoin at an average price of $30,700 will look great over time. -- nm - David May 11, 16:12 1
    - Maybe, if it doesn’t bankrupt the country first. -- nm - znufrii May 11, 16:36
  - Come home to the US Dollar, all are welcome. -- nm - budice May 11, 16:12 1
    - (Except Russia.) -- nm - David May 11, 16:13

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