I'm gonna say it. El Salvador is the next Elon Musk. They will cause the next bear circle.

I held BTC and ETH, I love the bull run , BUT

Let's be god damn real, a country using bitcoin as tether?, a currency which halved their value in THIS May and then almost doubled in less than 2 months go? Think about it, it is doom to fail.

Despite the name 'currency'. Bitcoin can only be used as store of value, an investment. Hate me but deep down you guys know I am right.

All I can see here, is a poor country government found a way to hide their corruption through cryptocurrencies and increase their leader popularity to young people.

I live in a poor country, I know the mindset of these 'leader'. I can bet all my money those 'bitcoin ATMs', 'bitcoin banks', 'volcano bitcoin mining rigs' is just bunch of false fads, used to lure people trust and will be abandon.

I don't believe in El Salvador president. A lot of articles link him to corruption. You can easily search it up on google his name, which I can not mention here.

I know I am FUD-ing but keep ignoring the negative is what made big disasters in history.