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Bitfinex Donates 36 BTC & 600k Worth Of USDT To Small Businesses In El Salvador

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by COINS NEWS 141 Views

Bitfinex is advertising to other countries who may be watching El Salvador thinking if they should follow their lead.

The more places who follow suit, especially trying to be friendly to Bitfinex in particular, the better for Bitfinex. If crypto crashes and burns and those places become examples of what not to do Bitfinex will have a short journey ahead of them.

$1M is probably such a small amount of revenue to them anyway. They can chalk it up as another 'slow minute/hour' in the market and move on.

If El Savador/Miami/etc.'s ambitions with crypto come true they'll be able to replace a lot of 'low level' crime jobs that are otherwise necessary in their areas. To be able to say you're partly responsible for that outcome would be magnificent PR.


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