Quote from: stompix on June 19, 2022, 01:46:13 PM

In order to buy Bitcoin you need money, not just being a maximalist or a fan, and Salvador doesn't have that money, although neither did Microstrategy in their case it was easy to get investors, who would invest in a bitcoin buying scheme in Salvador?
Remember the oversold Bitcoin Volcano bond? That right now is postponed month after month because...reasons?

Just the fact that Bukele isn't posting each day about Bitcoin anymore, the whole mining with cheap volcano energy thing is long gone and forgotten and they don't realize any numbers on how Bitcoin and Chivo are used are clear indicators that they are looking for another Messiah right now!

firstly.. they did not already have a "volcano power plant" to be mining in 2021-22. they never did, nor ever said they did have one already..
the power plant is something for 2023+ not 2021
secondly the bonds were to be launched sometime between september 2021 and september 2022 so although you might have thought that they were launching months ago. the treasury minister said upto september 2022.. so calm down. its not delayed. the deadline has not passed

thirdly.. the "volcano power plant" you speak of will be built(future tense) from the proceeds of the bonds which will be released in the future. .. you are just unaware how time works and what direction time passes. first comes bonds then comes powerplant. in that order. which means calm down until Q3 of 2022 and end of 2023 before things really start to move physically in el salvador

"bitcoin city" was not on the agenda to be finished and ready for sprint 2022(your assumption that should have ben ready already)

fourthly. the LN experiment of 2021 failed.el salv had loads of problems with it..
.. this is nothing to do with bitcoin faults.. just LN faults. (many cant tell the difference but there is one)

and this year they moved over to a centralised custodian wallet service for merchant tools and payments between users accounts and exchanging of fiat to crypto. yes they could not quantify the utility of LN due to make flaws of LN. but now they are getting more monitoring ability in the custodial model that is now the back-end of chivo