John Dennehy on Nostr: Good morning from El Salvador We are now in DAY SIXTEEN since the government ...
Good morning from El Salvador
We are now in DAY SIXTEEN since the government rescinded Bitcoin as legal tender, at the request of the IMF (effective 30 April)
I've spent a lot of time trying to explain whats happening because most people, including bitcoiners, do not understand how the IMF works and the influence it has over nations. I've also been very vocal in part because there was so much silence and censorship around an important subject
It should now be clear how strongly I oppose this agreement and why, so let's talk about solutions
While I've been ranting, the team at Mi Primer Bitcoin El Salvador (npub17cy…4ml3) has been building
Since this law was passed they have taught around 1,000 new students in El Salvador, trained a new group of teachers and built new curriculum. And that's just domestic. This is all while building out a global infrastructure that makes this movement less reliant on any one jurisdiction
The team has always evolved over the years and generally trended toward improvement but this current 2025 iteration has broken through to a new level and it's inspiring to witness
Grassroots, independent & decentralized is the way
The IMF deal is still a big deal and its still important to learn about whats happening there and draw attention to it, but the real change will be from the bottom up. That is as apparent as ever
Onward!
We are now in DAY SIXTEEN since the government rescinded Bitcoin as legal tender, at the request of the IMF (effective 30 April)
I've spent a lot of time trying to explain whats happening because most people, including bitcoiners, do not understand how the IMF works and the influence it has over nations. I've also been very vocal in part because there was so much silence and censorship around an important subject
It should now be clear how strongly I oppose this agreement and why, so let's talk about solutions
While I've been ranting, the team at Mi Primer Bitcoin El Salvador (npub17cy…4ml3) has been building
Since this law was passed they have taught around 1,000 new students in El Salvador, trained a new group of teachers and built new curriculum. And that's just domestic. This is all while building out a global infrastructure that makes this movement less reliant on any one jurisdiction
The team has always evolved over the years and generally trended toward improvement but this current 2025 iteration has broken through to a new level and it's inspiring to witness
Grassroots, independent & decentralized is the way
The IMF deal is still a big deal and its still important to learn about whats happening there and draw attention to it, but the real change will be from the bottom up. That is as apparent as ever
Onward!