What will the crypto crash mean for 'bitcoin nation' El Salvador?
BUSINESS · TECH · MEDIA
June 16, 20223 min read669 words
Published: June 16, 2022  |  3 min read669 words
Bitcoin’s value has plunged by 22 per cent in the past five days as investors rush to sell the cryptocurrency amid fears that an asset bubble is bursting. The average buyer is after the world’s most popular cryptocurrency shed a trillion dollars in value in two months. For El Sal...
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Slippery Slope
Jun 16
Full of inconsistencies the author hopes the reader won't notice. The government mentioned that the cost of the investment in bitcoin was a certain percentage of their national budget and an author of a bitcoin book says it's way more than that percentage. Now we're caught in a he said, she said. Article keeps trying to say this will effect the Salvadorean citizens while repeating that the citizens never really bought into the crypto game anyway from the start. The only conclusions given are opinionated adjectives and concerned citizens feeling the global inflation of products.
Jun 16
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Sensational
Jun 16
There is a lot of sensational language added by the author that is both unnecessary and contradicts the figures provided as evidence of the scale of El Salvador's very minimal Bitcoin investments.
Jun 16
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