Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
JayJuanGee
on 12/01/2023, 06:48:03 UTC
⭐ Merited by Doan9269 (1)
El Salvador going ever further when comes to Bitcoin and  financial tools linked to Bitcoin. Centralized but still financial tools.
When I first saw this news today I thought for a moment, what will happen to all these advances once Bukele's administration is over?, there is a good chance future administrations in El Salvador could go backwards and cancel many of these things, specially if the next presidents obey the "recommendations" from the World Bank and the FMI.  Huh

For sure, overall successorship should be a pretty BIG concern.. even if there might not be a real big issue with successorship until we start getting close to 2029.. perhaps?

I would imagine that Bukele and his administration thinks about these kinds of successorship things, and would like to pass on his administration to a friendly successor.. he is pretty popular right now, and looks like he is planning on at least another term starting in 2024.. and seems to have pretty decent chances of winning that at the moment.. .. so that would take him to 2029 in terms of having to face the successorship problem.. and I suppose that he is banking on figuring out successorship by then, no?  Unless he strives to try to have the term limit rules changed (again?).. it is not easy to say how successorship might be being considered when we are talking 6-7 years from now... I suppose if there ends up being some kind of friendly-succession. .and that may well be the game they are trying to play.. and sometimes unexpected things can happen along the way, and things may well be going fine and dandy while Bukele is continuing with apparently currently pretty high levels of popularity... so who needs to seriously consider successorship issues with those kinds of current dynamics?