Bitcoin isn’t suitable as a real currency — El Salvador is making a mistake
The law will take effect in September. Some Bitcoin fans have leapt on this as a step towardsmuch broader acceptance. But the changes in Bitcoins market value since Bukele announced his plan gives crypto-sceptics reason for doubt. 40% off TNW Conference! Over the past month it has fallen from more than US$58,000. This isnt the throw in of price volatility any government generally wants to see in a currency. What does legal tender mean?...