BTC is already a de-facto currency in El Salvador and somewhat short term stable.
As an asset class BTC solves yet another problem: It is a better version of gold due to the hard supply cap.
As an asset class BTC solves yet another problem: It is a better version of gold due to the hard supply cap.
Gold is the least good example among these kind of assets, because ownership is less bound and provable by law. Stocks and real estate are much better in that regard.
[1] https://foreignpolicy.com/2021/12/06/bitcoin-city-el-salvado...
Or is that why Bitcoin is "worth less", too?