Being paid in highly volatile digital currencies that are pumped and dumped by speculators hourly, is a risk that workers cannot afford. After rebounding nearly 75% since July, Bitcoin fell 10% in an hour yesterday and the Bloomberg Galaxy Crypto Index, which tracks some of the largest digital tokens, lost as much as 19 percent. See: Bitcoin crashes as El Salvador rollout, price pump falter:
El Salvador became the first country in the world to adopt bitcoin as its national currency, allowing people to use a digital wallet to pay for everyday goods. Here’s what the impoverished nation’s risky experiment looks like. Here is a direct video link.
;
