Quote from: noorman0 on September 08, 2021, 03:32:45 PM

Quote from: Darker45 on September 08, 2021, 02:53:32 PM

I'm curious where the OP got this news. I think OP hasn't been properly informed about this.

I got the source of this info.

Quote from: https://www.americanpost.news/this-is-not-for-us-poor-people-how-el-salvador-lived-the-first-day-of-official-use-of-bitcoin

There were 90 days of contradictions by official spokesmen and Bukele himself about the obligation to accept payments with the new currency and even with threats of sanctions to those who do not accept it.

It is clearly a contradictory policy towards the freedom and rights of its citizens. I believe that business people are more concerned about the fluctuating nature of btc which will reduce the value of their earnings if the item price is still set at a stable value (USD). I'm starting to doubt that this policy will help the economy move forward especially for retailers, but just like wanting to eliminate the use of their own currency.

Yes, there were confusions at the start particularly because Article 7 of the Bitcoin law explicitly states that "Every economic agent must accept bitcoin as payment when offered to him by whoever acquires a good or service."^[1] This is now being repeatedly mentioned by anti-Bitcoin entities to sow misinformation among the public. This caused fear and uncertainty among the people especially those who do not have the access both to knowledge and the technologies needed.

However, the same law also explicitly states in Article 12 that "Those who, by evident and notorious fact, do not have access to the technologies that allow them to carry out transactions in bitcoin are excluded from the obligation expressed in Art. 7 of this law."^[Ibid.]

Moreover, the president himself has made it clear very recently that the people have the freedom to download the app or not. "If they want they will download it and if they don't want to, no."^[2]

The problem is that the oppositions are peddling lies to the public. And now even the old pensioners are afraid that their regular pension is to be converted into Bitcoin. This is not happening. Again, Bitcoin is as legal a tender as the USD. Anybody has the freedom to choose USD over Bitcoin.

[1] https://freopp.org/el-salvadors-bitcoin-law-full-proposed-english-text-9a2153ad1d19
[2] https://twitter.com/nayibbukele/status/1429608848998993924