El Salvador has been buying one bitcoin a day since 2022, and will continue until bitcoin "becomes unaffordable with fiat currencies."
  • El Salvador will continue buying 1 Bitcoin daily until it becomes unaffordable with fiat currencies
  • President Bukele’s statement highlights commitment to cryptocurrency adoption
  • Move demonstrates belief in Bitcoin’s long-term value and potential as a global currency alternative.
  • gravitas_deficiency@sh.itjust.worksEnglish
    373·
    3 months ago

    I don’t think you understand how completely gangs had effectively taken over El Salvador until recently. Despite the obvious issues that you’ve pointed out, the situation is genuinely miles better than it was before for the vast majority of the population who were simply trying to live their lives.

    • GenEcon@lemm.eeEnglish
      11·
      3 months ago

      Thats what I meant with ‘if security gets really low, you are willing to sacrifice a lot of freedom’

      My major complaint is, that he doesnt have a plan for the time after they will eventually get out of prison.

      • deafboy@lemmy.worldEnglish
        2·
        3 months ago

        Wait. There was a plan to release anyone? I thought the guy who invites an armed military observers to the parliament voting session wouldn’t bother with that.