How do you think the example of Elsavador benefit Cuba?
I believe something need to be done about this situation.
Peace
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How do you think the example of Elsavador benefit Cuba?
I believe something need to be done about this situation.
Peace
In a word: no.
Crypto isn't a Swiss pocket knife. It's simply a payment method. You need the entire financial architecture in place for the payment tool to be effective. That includes a market, parties who want to transact in crypto, goods to buy, means to transport the goods, and methods by which to deliver services. Just having two crypto wallets to send back and forth doesn't prop up a country's economy or put groceries in the stores to feed people.
True enough, but it depends on your time frame. There is a domino effect linking the 2010 Bitcoin pizza transaction in Florida to regime change in Cuba.