this post was submitted on 18 Mar 2024
254 points (92.6% liked)

Technology

59577 readers
3022 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
254
El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC 'Becomes Unaffordable' With Fiat Currencies, Says President Bukele – Featured Bitcoin News (news.bitcoin.com)
submitted 8 months ago by AnActOfCreation@programming.dev to c/technology@lemmy.world
100 comments fedilink hide all child comments
 
  • El Salvador will continue buying 1 Bitcoin daily until it becomes unaffordable with fiat currencies
  • President Bukele's statement highlights commitment to cryptocurrency adoption
  • Move demonstrates belief in Bitcoin's long-term value and potential as a global currency alternative.
you are viewing a single comment's thread
view the rest of the comments
[–] smileyhead@discuss.tchncs.de 32 points 8 months ago (3 children)

Then why do they tell everyone about it?

Seems like a way to pump the price up just by press and not actually wanting to anything.

[–] ShaggySnacks@lemmy.myserv.one 13 points 8 months ago (1 children)

All the hallmarks of a pump and dump scheme.

[–] FarceOfWill@infosec.pub 1 points 8 months ago

The only take that makes sense

[–] Mubelotix@jlai.lu 3 points 8 months ago

Politics got to be transparent you know

[–] deafboy@lemmy.world 2 points 8 months ago (1 children)

Move the price? Talk is cheap... and so is 1 BTC per year.

This is just Bukele craving some attention. I hate the term attention whore, but can't find a better description.

[–] reverendsteveii@lemm.ee 18 points 8 months ago (1 children)

Talk is cheap… and so is 1 BTC per year

luckily it said they're going to buy 1 per day. There are several days in an average year.

[–] deafboy@lemmy.world 15 points 8 months ago (2 children)

The more I'm eager to take a piss out of someone, more I emberass myself.

[–] absentbird@lemm.ee 3 points 8 months ago* (last edited 8 months ago) (1 children)

It's spelled embarrass, you wrote 'emberass'; would that be like someone who sits on hot coals?

[–] dutchkimble@lemy.lol 1 points 8 months ago

Uhh no, it's an em type of berass

[–] drislands@lemmy.world 1 points 8 months ago

Relatable. In our rush to say the clever thing we're thinking, we don't stop to double check that we read it correctly in the first place. I've been guilty of that too many times....