What will happen to El Salvador in case of a bear market?
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A whole nation which buy BTC as a national reserve, this has its advantages and disadvantages.
So far they they were making profit, but let's say we hit a bear market at a certain moment in time (I'm not to wake up bears in hibernation, I like bulls more, but just talking in theory),
what would happen to them? Do the people become poorer? And the economy over there, what could happen?
I am a proud supporter of the idea of cryptocurrency and I see El Salvador as an great innovative yet social/govermental/ecology experiement. They are the first to make Bitcoin a legal tender and it is exciting to see what will happen there in 10 years after adopting crypto.
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