Understand the implications of Bitcoin's downfall in El Salvador. Learn about the failed economic bet and its impact on the country's financial stability.
Honestly with the Trump government right now and the pending trade war, this might be good for Bitcoin. It’s supposed to be a store or wealth that you use to buy other cryptos like monero to spend.
This is not good for the environment because crypto mining is second only to AI model training in useless expendenture of natural resources and pollution.
But ironically, and I say this with no joy. This could be good for Bitcoin and that’s bad for us all.
Honestly with the Trump government right now and the pending trade war, this might be good for Bitcoin. It’s supposed to be a store or wealth that you use to buy other cryptos like monero to spend.
This is not good for the environment because crypto mining is second only to AI model training in useless expendenture of natural resources and pollution.
But ironically, and I say this with no joy. This could be good for Bitcoin and that’s bad for us all.
Bitcoin price movement seems to follow the US stock market, so I wouldn’t bet on it.