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RE: Report from El Salvador : « The first 40 days of BTC as our currency »

in LeoFinance3 years ago

Honestly I'm more interested in hearing what citizens of El Salvador have to say about the protests against Bitcoin. I hear a lot of talk about these protests and I want to know if they are legit or if they are being blown way out of proportion.

Do you think the protests against this are valid or propaganda?

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Heellooo @edicted, and very Hive to meet you!

Those protests are definitely an instrumentalisation from the old political parties ("ARENA" and the "FMLN") that are seeking by all possible means to tarnish Nayib Bukele's reputation, without even trying to understand what a crypto is. They systematically associate Bukele's image with the one of a dictator, and for the very reason of such a manipulation being impossible to achieve when dealing with the adoption of a decentralized and algorithmically regulated currency, prefer to spread false information about what BTC is.

On September 15th, during our National Day, most assessments I've read mention that 15,000 people gathered in San Salvador, to protest against the government decision on BTC, and more globally to disapprove its political line. Our country is a very small one, but under no latitude a 15k strong demonstration reflects a big movement, above all when on a daily basis around 10 times more Salvadorans install and begin using the Chivo LN app.

Your question will incite me to add a fourth part to this "BTC in El Salvador" series, to tackle the reactions I've most heard from persons who're reluctant to give a try at BTC. Thanks for that!

people not understanding what crypto is all about or paying attention to some post on Facebook about "money laundering in crypto", most of the latin protests are like this without really understanding what they are protesting about, no offence.