this post was submitted on 04 Feb 2025
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El Salvador Abandons Bitcoin as Legal Tender After Failed Experiment (ticotimes.net)
submitted 2 days ago by ooli2@lemm.ee to c/worldnews@lemmy.ml
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[–] jagged_circle@feddit.nl 1 points 1 day ago (1 children)

You mean if its worth hundreds of millions or trillions?

[–] bennieandthez@lemmygrad.ml 2 points 1 day ago* (last edited 1 day ago) (1 children)

Yes, even a relatively small quantity like 100k?

[–] jagged_circle@feddit.nl 1 points 21 hours ago (1 children)

That's easy. Ive sold that much. Just do it on an exchange. Get over a million and you do it OTC.

[–] bennieandthez@lemmygrad.ml 1 points 16 hours ago (1 children)

What is OTC?

[–] jagged_circle@feddit.nl 1 points 12 hours ago

Over the counter. Big exchanges offer this. Basically p2p with escrow.

Its done off exchange (though usually the same price). To prevent the trade from changing the market.