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  • 2 日前
Hey, hey, hey! Did you see this, P-chan? The world's grandest social experiment just announced its massive failure! El Salvador'sad option of Bitcoin as legal tender has finally raised the white flag! Oh, you mean that stunt pulled by that shady president? I knew it would come to this eventually. Are you telling me 90% of the population has never even used Bitcoin once? It's almost comical. Right!? He claimed he'd save the 70% of citizens without bank accounts using digital currency! And after all that talk, nobody is actually using it. What a joke! They say 60% ofthe people who received the $30 worth of Bitcoin from the government just cashed it out immediately! Well, obviously. Who would use acurrency to buy today's bread when its value might drop by half tomorrow? The supposed benefit of cheaper inter national remittance fee spales in comparison to the risk of price volatility. Exactly! Making citizens of acountry that relieson remittances fornearly 20% of its GDP participate insuch a gamble isjust cruel. Besides, the IMFwarned themrepeatedly not todo it, and they ignored them. This is the result. That president of theirs certainly has an inflated ego,doesn't he? In the end, the IMF had to strictly warn them to stop buying more Bitcoin as acondition forreceiving a loan. It's so pathetic. And what about that"Bitcoin City" plan,mining it using geothermal energy from volcanoes? What happened to that! They were talkin gabout this grand dream, but it seems to have completely fizzled out withthe Bitcoin crash! Dreaming is free,but I wish he wouldn't drag the citizens into it. So, starting January2025, paying inBitcoin becomes optional, and businesses can refuse to accept it, right? You got it! It's a defacto withdrawal of its legal tender status! This world-first attempt came to an end in just over three years. What a colossalwaste of money! But I heard theyare still holdingonto their Bitcoin? They never learn,do they? They even set up a"Bitcoin Office".It seems they haven't given up yet. Their last shred of pride, maybe? Well, if the Bitcoin they hold suddenly skyrockets, I bethe'll flip the scriptand say, "See, I told you so!" I can already picture it. But gambling acountry's future on something like that makes him a failure as a leader. Well, it's got nothing to do with us! Let's just sit back and watch the show,P-chan! j

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00:00Hey, hey, hey. Did you see this, P-Chan? The world's grandest social experiment just
00:04announced its massive failure. El Salvador's adoption of Bitcoin as legal tender has finally
00:08raised the white flag. Oh, you mean that stunt pulled by that shady president? I knew it would
00:13come to this eventually. Are you telling me 90% of the population has never even used Bitcoin once?
00:18It's almost comical. Right? He claimed he'd save the 70% of citizens without bank accounts using
00:24digital currency. And after all that talk, nobody is actually using it. What a joke.
00:28They say 60% of the people who received the $30 worth of Bitcoin from the government just cashed
00:33it out immediately. Well, obviously. Who would use a currency to buy today's bread when its value
00:38might drop by half tomorrow? The supposed benefit of cheaper international remittance fees pales in
00:43comparison to the risk of price volatility. Exactly. Making citizens of a country that
00:47relies on remittances for nearly 20% of its GDP participate in such a gamble is just cruel.
00:52Besides, the IMF warned them repeatedly not to do it, and they ignored them. This is the result.
00:57That president of theirs certainly has an inflated ego, doesn't he? In the end,
01:01the IMF had to strictly warn them to stop buying more Bitcoin as a condition for receiving a loan.
01:06It's so pathetic. And what about that Bitcoin city plan? Mining it using geothermal energy from
01:12volcanoes? What happened to that? They were talking about this grand dream, but it seems to have
01:16completely fizzled out with the Bitcoin crash. Dreaming is free, but I wish you wouldn't drag the
01:21citizens into it. So starting January 2025, paying in Bitcoin becomes optional, and businesses can
01:26refuse to accept it, right? You got it. It's a de facto withdrawal of its legal tender status.
01:31This world-first attempt came to an end in just over three years. What a colossal waste of money.
01:37But I heard they are still holding on to their Bitcoin. They never learn, do they? They even set
01:41up a Bitcoin office. It seems they haven't given up yet. Their last shred of pride, maybe? Well, if the
01:47Bitcoin they hold suddenly skyrockets, I bet they'll flip the script and say, see, I told you so.
01:52I can already picture it. But gambling a country's future on something like that makes him a failure
01:57as a leader. Well, it's got nothing to do with us. Let's just sit back and watch the show, P
02:01-Chan.
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