El Salvador Bitcoin, October update: Chivo fraud and dysfunction
I expect Bukele to keep promoting Bitcoin as a point of personal pride. But as a practical day-to-day currency, it’s not doing so well right now.
Tag: bitcoin
El Salvador: Bitcoin volcano mining starts! And Chivo still doesn’t work
You can’t even use Bitcoin to buy prepackaged FUD!
News: Bitcoin miners can’t sell their bitcoins, SushiSwap theft, Coinbase Lend, crypto seasteading
’Twas on the good ship ’Toshi, by Craig you should have seen us, it was a little squashy and the end result was “penis.”
Foreign Policy: El Salvador’s Bitcoin Law Is a Farce
Plus: the truth about the burning Chivo kiosk false flag attack.
El Salvador: Bitcoin Day! How it went
Chivo is not making friends, and Bitcoin is not popular.
El Salvador: Bitcoin Law critic Mario Gómez arrested without charge
Salvadoran Bitcoin Law critic Mario Gómez was arrested without charge at 7am local time (12:00 UTC) this morning.
El Salvador: Chivo Network back end leaked; 200 Athena ATMs; Bitcoin Trust Fund law
Yesterday: a leaked diagram of the back end for the Chivo network. Today: the law to set up the Bitcoin trust fund.
News: Facebook abandoning Libra/Diem, Soulja Boy vs. Atari, Kurson arrested again, El Salvador
The Diem Association is “effectively a zombie organization.” Ya think?
El Salvador Bitcoin Law: draft bank regulations released for consultation
BCR won in negotiations with the government. Bitcoin will be allowed into the financial system only insofar as it’s regulated to the hilt. It could never have been otherwise.