RE: El Salvador to make BTC legal tender - Huge international implications for BTC taxation and accounting

[apshamilton]

I'm seeing evidence and commentary that this was a direct response to massive USD printing by the Fed (30%+ increase in M2 in 9 months). The inflationary impact has been cushioned in the US by handouts to citizens and banks but for countries using the USD as their only currency (like El Salvador and many others) this is a disaster.