this post was submitted on 20 Nov 2023
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Digital Nomads
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Short term: no effect tbh the political class is for the most parr against the new president so maybe a lot of political infighting.
Longterm: if the country adopts the dollar, it will get expensive to be there for the average DN living on 1.5k a month budget but that's just me speculating.
For the average DN from the us/eu it will be business as usual in 2024
Dollar just provides stability. It doesn't change the countrys economics overnight.
Yea not sure if you missed the part where i said "longterm"
Qns considering he won the election, whatever your being told is my the opinion of the majority
Long term whether it's dollars or not doesn't make things expensive. It provides stability.
Ecuador has used dollars how long ? Still one of the most affordable countries in LATAM.