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RE: Report from El Salvador : « The first 40 days of BTC as our currency »

in LeoFinance3 years ago

I definitely think so, not only thanks to cryptofriendly laws on our territory, but also because of crypto repression in other countries (the famous bipartisan "Infrastructure Bill" targeting cryptos in the US is just a beginning) and on the basis of the standards of living here.

Where I live (Western part of El Salvador) buying a family house usually costs around 30k to 35k USD. In the US or in Europe even the swimming pool may end up costing more than that, lol.

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It definitely is looking like an option for the lower and lower middle class Americans that can do without some of the modern luxury of the first world. Between the digital meeting places and decentralized Finance, the most lassez-faire countries will attract more immigration. It's going to be interesting to see how this plays out in the next few years.