What I want to know is how the US will react normally they would sanction a country for doing something like this and export some good old military lead freedom
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What I want to know is how the US will react normally they would sanction a country for doing something like this and export some good old military lead freedom
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So far, I haven't seen any reaction from the United States on this issue (but surely they must be talking and studying about it).
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Mr. Dementia won’t do a thing. President Harris might react negatively with a press release: Topics of discussion will include Bitcoin finances everything illegal and is bad for the environment. Meanwhile myself and all crypto lovers will buy the dip.
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LOL let them FUD we are dumping fiat at record numbers! I do think they will try something I'm just not sure what it is yet, especially if more Latin American countries are adopting it
Loads of Latin Americans are living in the US ane Canada and sending dollars home, if they are dumping the dollar for BTC that only pushes the currency down more
I don't know how they sanction it but I'm sure they'll try something silly
The US would not outright invade. Otherwise, it would be a simple matter to take over Cuba. There might be other means, via Economic Hit Men, to try to strap the country with loads of debt, or having the President removed by clandestine means. However, with BTC increasing in value as the dollar declines, debt would not be possible.
I don't know what sanctions could be imposed. For what? There are no human rights violations. They aren't amassing weapons. And, El Salvador would have to be completely dependent on the dollar for SWIFT to be used to keep them under control, which is solved with Bitcoin. It would be a simple matter to convert BTC to stablecoin and circumvent SWIFT transactions entirely.
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I don't know much about the Région or the geopolitics but I would assume things like import and export embargo's either direct to the US or with countries the US has power over
Not sure how It would affect El Salvador I just feel developed nations have been so hostile to BTC that they'll what to do something