John Dennehy on Nostr: Good morning from El Salvador We are now in DAY 31 since the government rescinded ...
Good morning from El Salvador
We are now in DAY 31 since the government rescinded Bitcoin as legal tender, at the request of the IMF (effective 30 April)
I’ve been posting a lot about the IMF deal and it’s mostly negative from the perspective of anyone who wants to only cheerlead Bitcoin or El Salvador
I want to make a few things clear
There are great things happening here and that will continue to happen regardless of this IMF deal. I’m happy to be here
The changes I’ve seen first-hand since moving here in August 2021 (one month before the Bitcoin Law went into effect) have been incredible and mostly positive. It feels like history is being written in real time and Salvadorians are generally optimistic about the future—a rare thing in this modern world
That is NOT a reason to be quiet when things begin to fall off track. That is a reason to speak up, which is exactly what I am doing and will continue to do
If you care about the future of El Salvador, then you should be a critical observer of it and do your best to help it continue on a positive path. Pretending everything is perfect, all the time, does not help this nation nor does it help Bitcoin
We are now in DAY 31 since the government rescinded Bitcoin as legal tender, at the request of the IMF (effective 30 April)
I’ve been posting a lot about the IMF deal and it’s mostly negative from the perspective of anyone who wants to only cheerlead Bitcoin or El Salvador
I want to make a few things clear
There are great things happening here and that will continue to happen regardless of this IMF deal. I’m happy to be here
The changes I’ve seen first-hand since moving here in August 2021 (one month before the Bitcoin Law went into effect) have been incredible and mostly positive. It feels like history is being written in real time and Salvadorians are generally optimistic about the future—a rare thing in this modern world
That is NOT a reason to be quiet when things begin to fall off track. That is a reason to speak up, which is exactly what I am doing and will continue to do
If you care about the future of El Salvador, then you should be a critical observer of it and do your best to help it continue on a positive path. Pretending everything is perfect, all the time, does not help this nation nor does it help Bitcoin