El Salvador became the first country heading towards Crypto adoption. We all appreciated the move.
El Salvador's president, keeps promoting crypto and the adoption even though so many El Salvador people are against it.
Currently El Salvador's investment in Bitcoin is down by $67m, losing 63% of total funds invested.
The President announced today that, El Salvador will be buying 1 bitcoin a day starting today.
My question to you all is, Would you be okay with such investment of your country, using the money paid by you as tax?
Would you be okay with that investment going down and then not being able to use that amount for emergencies?
It is such a tricky question, to which I dont know the answer to.
I want Crypto to be adopted quickly. But I am not sure if I would want my country to use my money in their Crypto investment.
I would be willing to take the risk for myself. But wouldn't want my country to use the funds which are necessary in other development areas of my country.
What are your thoughts?
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