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RE: El Salvador: Saviour or Apocalypse?

The case of El Salvador is worthy of study, I think I am not exaggerating when I say that EVERYONE's eyes are on the Caribbean country, especially those of the great bosses of the financial sector such as the IMF and the World Bank, needless to say of the United States and its allies, countries to which President Bukele's bet represents a very great threat to their financial supremacy.

If El Salvador demonstrates that it is capable of becoming independent from its dependence on the dollar, it would not only represent a significant economic leap for them, but it would also negatively affect the value of the USD $, which the US cannot afford.

That was very clear to the president of El Salvador, hence, just two days before the "day of bitcoin" he had already foreseen that a great wave of "fear" would come in the market, which happened, it would not surprise me that behind the downward trend of BTC is the hidden hand of the many financial interests that are interested in the failure of the Bukele experiment ... we will only have to wait and see what happens.

Very interesting and well developed post friend @joelagbo

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very true, El Salvador has made a bold statement, it's uncertain how it turns out but it's a move made with some guts. Crypto has taken even worse challenges, when the market recovers, we will see more praises for Nayib and his team. Amazing analysis! thanks for reading!

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