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RE: The Nayib Bukele Slippage. What Makes El Salvador - Bitcoin Event Contrary To Crypto's "Ideals of Freedom"

in LeoFinance3 years ago

One point I took away from the news that El Salvador would be making Bitcoin legal tender cryptocurrency is that El Salvador would have 2 forms of legal tender money: USD for traditional transactions and Bitcoin for cryptocurrency transactions.

As for the insistence on using the Chivo wallet to qualify for the USD 30 airdrop, maybe the president is also an investor in Chivo? I have no idea, I'm only suggesting a reason for the insistence. If this is the worst thing anyone can say about the President of El Salvador, he has plenty of company.

Over time maybe the wallet situation will be more flexible and people can do more things with Bitcoin and other crypto. To get things started, it needed to be done in a controlled manner. Let's see how far El Salvador has progressed by EOY 2022.

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