Bitcoin is not the biggest problem in El Salvador right now — it’s Bukele using the gangs to go as full dictator as he thinks he can get away with.
Zelaya blames the war in Ukraine. Did all those buyers disappear? Surely they weren’t all freshly-sanctioned entities.
You can’t cash in billions of dollars of bitcoins instantly — but sanctioned Russians are trying.
El Salvador adopting Bitcoin wasn’t the particular Tether scam I originally thought — but it’s turning out to be a different, and bigger, one.
Bitfinex Securities will not charge a fee for this. They’re just being nice, see.
The Bitcoin City plan is a recycled version of a previous plan to lease 10% of El Salvador to China.
The Bitcoin white paper’s elegant simplicity only exists in a perfectly spherical monetary system in a vacuum at absolute zero.