El Salvador's bitcoin holdings have lost about 60% of their presumed value during the recent market plunge. The use of bitcoin among Salvadorans has collapsed, and the country is running out of cash.
source https://www.seattletimes.com/business/a-poor-country-made-bitcoin-a-national-currency-the-bet-isnt-paying-off/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology
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