Post
Topic
Board Bitcoin Discussion
Re: El Salvador rolls out 200 Bitcoin ATMs in a bid to speed-up nationwide adoption
by
Bitcoin_Arena
on 28/08/2021, 22:33:03 UTC
Great news  Smiley 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 .
The thing is that Masses will in most case believe what Government says to them, and this can be good for mass adoption, but it comes at a price. Privacy when using crypto is now becoming thinner and thinner with so many exchanges enforcing KYC. Those that don't require KYC like Bisq don't have the liquidity and are not user-friendly for beginners