Everyone seems to hate bitcoin in el salvador:
https://www.youtube.com/results?search_query=bitcoin+el+salv...
Billions per day is basically wash trading by quants. What % of that is actual merchant transactions for goods or services?? Almost 0%
Billions per day is basically wash trading by quants. What % of that is actual merchant transactions for goods or services?? Almost 0%
> Billions per day is basically wash trading by quants.
Trading is done on centralized exchanges and doesn't show up in the figure I mentioned ("on chain" transactions). So close to 100% are for goods, services or value transfers.
> Everyone seems to hate bitcoin in el salvador
It's obviously not true that everyone hates Bitcoin in El Salvador. Perhaps some percentage of the population? But I've just seen several videos on the URL you linked that were quite positive. The president, Nayib Bukele, obviously doesn't hate Bitcoin and is still hugely popular in El Salvador[0].
[0] https://en.wikipedia.org/wiki/Opinion_polling_on_the_Nayib_B...
It seems you've reached a conclusion based on a gut feeling, and are constructing arguments to back your viewpoint. This hints that you might not be interacting with this topic with the necessary objectivity and investigative spirit to truly understand it.