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Bitcoin: The big picture view
Positives: 1. A digital lockdown induced by COVID-19 has led to a wider acceptance of all things digital. The globe has been exposed to digital meetings, digital work, so the idea of a digital currency is conceptually easier to understand. 2. A greater acceptance of digital currencies by central banks. The fact that the ECB has recently announced that they are considering what it would be like having a digital euro is a reminder of the growing expression of that acceptance. El Salvador, which embraced Bitcoin as legal tender, is a nation with a 70% cash economy, so cash is generally king. However, villagers and ... (full story)
