El Salvador adopted Bitcoin as national currency?

Gold is just a scarce type of dirt to which ancient humanity ascribed value due only to its scarcity. It has no practical application. Bitcoin is decentralized (out of the control of a central govt) and a way better mousetrap that was borne as a reaction to the centralized intentional bubble that was the 2008 great financial collapse. Who owns the patents to extract more gold from seawater and sewage? Certainly not the little guys. Yes, most crypto are crap coin ponzi schemes that are an intentional distraction from Bitcoin, so buyer beware.

Ethereum's algorithm can be changed, as can many others whose volume is not finite. So buyer beware when it comes to those cryptos. Bitcoin's distributed ledger copies are saved on thousands of computers all around the world. So 1 hacker will get rejected by consensus when attempting to change 1 out of thousands of ledgers.

The Fed wants to kill cash. No more privacy. Did you vote for this?
The Fed Just Revealed Plans for Digital Dollar Replacement | Newsmax.com

Modern life is coming at us fast. All property ownership transactions, including yachts, will soon be stored on the blockchain. Everyone needs to learn it.

Bitcoin development: who can change the core protocol? | by Alex Galea | Medium
What are the odds that 95% of the thousands of miners worldwide would agree on a change? Do you prefer centralized (govt insiders) or decentralized (we the people) control?

Are your dollars safe when the central govt decided to print 26% more of them through manipulation since the beginning of the pandemic? Inflation is simply devaluation of the dollar. Inflation is theft but people are somehow happy that the ink on their paper statements increased while ignoring that their purchasing power has decreased. I don't own any mining equipment. Bitcoin is outside of the control of central governments because it is a series of permissions that is authenticated on thousands of computers worldwide (decentralized). For those who like gold, governments (centralized) haven't have enough gold to support US dollars since 1971. Fun fact: Canada's central bank holds no gold. For anyone who sees value in gold's scarcity, Bitcoin is far more scarce and has practical application, while the insiders are increasing gold's supply by 10% per year, thus devaluing your gold's value. Nothing is impossible. Nothing is guaranteed. This is not financial advice. Just saying, Bitcoin is decentralized while nearly every other currency, property and asset can be manipulated by a centralized authority.

Yes, credit cards are basically money. When you buy and sell stocks and mutual funds, the Clearing House will take 2-3 days to decide if you can have your money. Why shouldn't you have your money nearly instantly like the decentralized nature of Bitcoin? The Fed is working on Fedcoin (centralized) to replace paper US Dollars, but then they will be able to control what you purchase. The grocery store can deny your meat purchase if you already used up your meat allotment ration for the month. Gotta save the planet, you know. In some ways, the Fed is riding the decentralized nature of Bitcoin in the hopes that people won't notice the centralized control of their Fedcoin. Don't expect the mainstream media to volunteer the unpleasant future.

What if the govt decides to ration (manipulate) sales of power boats in the future to save the planet from climate change? Don't laugh. Others have laughed decades ago at things they never thought they'd see happening today. It would just be nice to buy a boat in El Salvador.

Peace out.