Quote from: ene1980 on August 26, 2021, 11:04:05 PM

Quote from: Mbitr on August 24, 2021, 03:30:49 PM

Great news

Just a small concern with the the ‘State backed crypto wallet’ - but I suppose they have to do this to increase mass adoption.

Compromise on privacy for mass adoption it not exactly what we really want. But that is the state of the situation here as some are celebrating these sort of adoption but i want everyone to enjoy the privacy Bitcoin offers and i doubt El Salvador is running a master program along with other countries to learn how to control people in this market .

I don’t think this is a seemingly beautiful thing. There is politics in it, so I’m not interested. First of all, let’s understand that El Saldova, a poor country in Central America, has an unimaginably bad financial environment and financial facilities, and Black gold politics also exists. Out of 10 people in this country, 3 have a gang background. All these policy inducements to please the people have several purposes:
1. Stabilize people's emotions
2. Stabilize the country's financial order, and then attract foreign investment
3. Using Bitcoin as a legal currency became the first place to stand on top of the world, and it seemed to instantly establish the impression of a modern power.
4. High debts and a collapsed economy are also ways for the country and the government to save themselves.
Faced with a chaotic and disorderly national environment, if I were the president of the country, I would find a big country as a backer, or I had no way, I don’t know whether the problem can be solved, and I have a fluke. What if it succeeds?