I am still interested in seeing how they work through a bear market. Will they have enough funds for everything and how much are they buying each time?
That would be interesting to see, especially since it would be the first bull-bear cycle for El Salvador. President Bukele and the government are treating BTC like a stock, which is OK. Will the regular population also treat BTC like a stock, or will people treat BTC like spending money and actually use the thing?
I think it will depend whether or not they have enough dollars or funds lying around. Otherwise they will have no choice but to liquidate to fund their ongoing liabilities. Of course they could take a loan but that is dangerous.
I am still interested in seeing how they work through a bear market. Will they have enough funds for everything and how much are they buying each time?
Posted Using LeoFinance Beta
That would be interesting to see, especially since it would be the first bull-bear cycle for El Salvador. President Bukele and the government are treating BTC like a stock, which is OK. Will the regular population also treat BTC like a stock, or will people treat BTC like spending money and actually use the thing?
Posted Using LeoFinance Beta
I think it will depend whether or not they have enough dollars or funds lying around. Otherwise they will have no choice but to liquidate to fund their ongoing liabilities. Of course they could take a loan but that is dangerous.
Posted Using LeoFinance Beta