John Dennehy on Nostr: Good morning from El Salvador We are now in DAY TEN since the government rescinded ...
Good morning from El Salvador
We are now in DAY TEN since the government rescinded Bitcoin as legal tender, at the request of the IMF (effective after 90 days)
The IMF deal went after Bitcoin as a Medium of Exchange, while mostly ignoring Bitcoin as a Store of Value. For example, the govt will be explicitly prohibited from using Bitcoin (such as for taxes or the visa entry fee) though there was no mention of the Bitcoin reserve the nation holds and I presume that means it will be unaffected
This is part of a global conspiracy to blunt some of the most revolutionary aspects of Bitcoin and push it toward ONLY being a SoV
Our response shall be global as well
On April 10th Bitcoin educators from around the world will come together at BitcoinPark (npub1the…4dha) in Nashville to share best practices and build a global movement around independent, community-led (decentalized) bitcoin education
Join us!
https://bitcoinunconference.com/
We are now in DAY TEN since the government rescinded Bitcoin as legal tender, at the request of the IMF (effective after 90 days)
The IMF deal went after Bitcoin as a Medium of Exchange, while mostly ignoring Bitcoin as a Store of Value. For example, the govt will be explicitly prohibited from using Bitcoin (such as for taxes or the visa entry fee) though there was no mention of the Bitcoin reserve the nation holds and I presume that means it will be unaffected
This is part of a global conspiracy to blunt some of the most revolutionary aspects of Bitcoin and push it toward ONLY being a SoV
Our response shall be global as well
On April 10th Bitcoin educators from around the world will come together at BitcoinPark (npub1the…4dha) in Nashville to share best practices and build a global movement around independent, community-led (decentalized) bitcoin education
Join us!
https://bitcoinunconference.com/