Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
⭐ Merited by JayJuanGee (1)
Good point.. let's try to grapple with some facts rather than bitcoin naysaying personal attack** spins.
**I am referring to attacks on Bukele. that seem to be either political or western-biased.
For sure, I do not proclaim to know all of the facts, but there seem to be a shitton of countries that have been getting royally screwed by some of the debasing practices of western governments (and world banking entities), so if we are going to proclaim that El Salvador has gone down the tubes in the last year or more, then we may want to attempt to compare El Salvador to similarly situated countries - and even if there were genuine attempts to consider if El Salvador might have been better off not passing its bitcoin as legal tender law, I doubt that fair assessments are even being attempted in that direction besides just making bare-assertion claims that El Salvador shouldn't have done it the way that they did. blah blah blah (like that disingenuine dweeb wannabe smarter than everyone else ImThour is doing).
Also we should be a little realisitic when judging from the outside, imagine trying the task to fix el salvador. **I am referring to attacks on Bukele. that seem to be either political or western-biased.
For sure, I do not proclaim to know all of the facts, but there seem to be a shitton of countries that have been getting royally screwed by some of the debasing practices of western governments (and world banking entities), so if we are going to proclaim that El Salvador has gone down the tubes in the last year or more, then we may want to attempt to compare El Salvador to similarly situated countries - and even if there were genuine attempts to consider if El Salvador might have been better off not passing its bitcoin as legal tender law, I doubt that fair assessments are even being attempted in that direction besides just making bare-assertion claims that El Salvador shouldn't have done it the way that they did. blah blah blah (like that disingenuine dweeb wannabe smarter than everyone else ImThour is doing).
- You need to convince the actual people in the country to vote for you and become a president
- This country probably had problems in every area with only limited resources to fix them.
- There is no comfortable infrastructure already in place.
- It takes actual ground work to fight poverty, violence, gangs and corruption.
- Not even having had a own currency and limited say in international politics, they were completely irrelevant to outsiders.
- Having like 5 years to make fundamental changes, to problems that existed since much longer, and then trying to get elected again.
Theyre a country with problems that far outreach Bitcoin, profits or some debt. Fixing this is in reality, is not an easy task, theres only so much you can/ are allowed to do. Our soft ass western politicians would fail hard for sure.
Also lets not act like El Salvador is not a sorveign country that needs our permissions to handle changes, i dont hear anyone complaining about the us or other countries when theyre actually wasting money for the biggest bs, and objectively speaking, what did El Salvador do terribly wrong in the situation theyre in? They introduced 1 legal tender law and all of a sudden everyone cares, because its Bitcoin. If they made worse choices no one would care, because no one was actually interested if theyre doing well in the first place.
The irony when people who go hard against Bitcoin, are getting rekt by central authorities. Peter Schiff got a reality check and he will probably still not admit that he’s wrong.
During this time he continues to express his hatred and distrust of bitcoin, and even often underestimates people who invest in bitcoin such as Nayib Bukele and Saylor, when the price of bitcoin declines Peter Schiff often laughs and mocks the decisions taken by investors who choose bitcoin as an investment, I think Peter Schiff will continue to look for reasons to justify all his reasons so that he will not give up defending himself, from his recent tweets it seems he is starting to look for justifications and start blaming others to justify himself. I hope his heart will be strong when he gets bullied from bitcoin lovers right now
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