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RE: Just How Big a Deal is El Salvador Adopting Bitcoin?

in LeoFinance3 years ago

Are you assuming they sell everything they mine at current prices? They could just hold it for while instead of selling right away, fund their operation cost with debt and wait for their minned assets to grow in value. That would make it even more impactful

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Yeah, I'm just looking at the impact at current prices. If they hodl and employ their crypto assets productively it could be a huge multiplier.

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