Runy Calmera on Nostr: This is the current status of the Bitcoin Law in El Salvador after the deal with the ...
This is the current status of the Bitcoin Law in El Salvador after the deal with the IMF.
Thanks Excellion (nprofile…prka) for putting this together on X.
It looks like fuat eorld and institutions are “pushing” back El Salvador.
Probably this is possible due to the debt!
If you have external debt as a nation this is a burden around the neck of your people. A chain on your legs.
Whenever you want to move forward or run in a new direction of freedom your chains will hold you back!
This is a lesson to the people in the world on what debt is.
How big is the debt of El Salvador? What is their debt compared to their whole economy? Debt divided by Gross Domestic Product (= the total production of El Salvador in a year), is the indicator to look at.
The USA has a debt divided by GDP of 129%!!! USA is probably more indebted than El Salvador!! But you won’t see the IMF coming to the USA and suggesting an IMF package. Because the USA is the printer of the US dollar.
But El Salvador isn’t. Knut and Guy Swan call this Clown’s World inversed! Read that book.
How did El Salvador get its debt? And can it grow out of its debt? To liberate its people from their financial chains!
We might need to use the #Bitcoin24 model of Saylor. This model helps you as a country, organization, company, individual and family to calculate your net worth for several strategies and Bitcoin growth scenario’s for next 21 years.
I used it to simulate the debt situation of Curacao, Sint Maarten, Suriname and put that online. I will drop some links in the comments so you can see for yourself.
You see in some growth scenario’s like 75% year on year growth of Bitcoin, going down to 25% anual growth combined with a Bitcoin maxi strategy that highly indebted countries and islands can see their Bitcoin assets appreciating and becomming larger then their liabilities (=the domestic and foreign debt). And the net worth becomming positive!
I will do this simulation for El Salvador in a future episode and show it here. On Zap.stream Of Island Wealth I will share that episode.
We believe in #IslandWealth. We believe in #ElSalvadorWealth!!!
No matter what the #IMF does to push El Salvador back, we keep stacking sats. The kid will keep stacking sat! When he finds Bitcoin he will start running again.
So if you are living in El Salvador, or if you want to start a business in El Salvador, or send remmitances to El Salvador, keep stacking sats!
Runy
Host Island Wealth
https://x.com/excellion/status/1890202530694705393
Thanks Excellion (nprofile…prka) for putting this together on X.
It looks like fuat eorld and institutions are “pushing” back El Salvador.
Probably this is possible due to the debt!
If you have external debt as a nation this is a burden around the neck of your people. A chain on your legs.
Whenever you want to move forward or run in a new direction of freedom your chains will hold you back!
This is a lesson to the people in the world on what debt is.
How big is the debt of El Salvador? What is their debt compared to their whole economy? Debt divided by Gross Domestic Product (= the total production of El Salvador in a year), is the indicator to look at.
The USA has a debt divided by GDP of 129%!!! USA is probably more indebted than El Salvador!! But you won’t see the IMF coming to the USA and suggesting an IMF package. Because the USA is the printer of the US dollar.
But El Salvador isn’t. Knut and Guy Swan call this Clown’s World inversed! Read that book.
How did El Salvador get its debt? And can it grow out of its debt? To liberate its people from their financial chains!
We might need to use the #Bitcoin24 model of Saylor. This model helps you as a country, organization, company, individual and family to calculate your net worth for several strategies and Bitcoin growth scenario’s for next 21 years.
I used it to simulate the debt situation of Curacao, Sint Maarten, Suriname and put that online. I will drop some links in the comments so you can see for yourself.
You see in some growth scenario’s like 75% year on year growth of Bitcoin, going down to 25% anual growth combined with a Bitcoin maxi strategy that highly indebted countries and islands can see their Bitcoin assets appreciating and becomming larger then their liabilities (=the domestic and foreign debt). And the net worth becomming positive!
I will do this simulation for El Salvador in a future episode and show it here. On Zap.stream Of Island Wealth I will share that episode.
We believe in #IslandWealth. We believe in #ElSalvadorWealth!!!
No matter what the #IMF does to push El Salvador back, we keep stacking sats. The kid will keep stacking sat! When he finds Bitcoin he will start running again.
So if you are living in El Salvador, or if you want to start a business in El Salvador, or send remmitances to El Salvador, keep stacking sats!
Runy
Host Island Wealth
https://x.com/excellion/status/1890202530694705393