Opposition poses constitutional challenge to El Salvador's Bitcoin law

[newshunter]

Opposition poses constitutional challenge to El Salvador's Bitcoin law

A political party in El Salvador has filed a lawsuit alleging President Bukele’s new Bitcoin law could be unconstitutional and harmful to the country.

Source: Opposition poses constitutional challenge to El Salvador's Bitcoin law

Would appreciate your opinion about this

[Astra]

El Salvador embarked on an unprecedented experiment by adopting bitcoin as a national means of payment. Of course, I would like to see how the implementation and implementation of such a step will end. It should be borne in mind that if such an experiment ends unsuccessfully, then this will cause significant damage to the image of bitcoin and the entire cryptocurrency, not to mention a possible drop in its price. There are problems here and there are even many of them. I just can't imagine how the economy of a state can develop if bitcoin cannot be fully tied to it. How to plan the development of the economy and the budget of the country if bitcoin has such a high price volatility.
We will observe further developments in El Salvador on this issue.