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14 sats \ 0 replies \ @servandofinn 6 Jul 2022 \ parent \ on: I feel like this site has a better Signal to Noise ratio than Bitcoin Twitter bitcoin
I miss bitcoin before the memes. Can we have 1 platform without memes and toxicity like the 2013 era?
As an El Salvadorean, I would've downloaded the Chivo app, collected my $30, realized it was crap, and then downloaded Muun.
I'm not sure what the problem is. Is Chivo the main fiat on ramp? Are there ATMs widely available?
Whether it happens or not is not an indicator of whether or not its dictatorial. It could very well be the responsibility of the executive to enforce the duties held by the legislative, just as the judicial must with its power. GWB used the judicial branch to supercede the will of the voters in 2000. Does that make him a dictator, or not because he didn't use the army?
No one has to use the Chivo app. I'm not sure why this is even a topic of discussion. It would be like saying that the US dollar is a failure because of the mismanagement of the Venmo app.
In principle I would consider any branch of government that "breaks the law" so to say in order to provide additional freedom is not dictatorial. For example, if the American federal government outlaws narcotics, and a state "breaks the law" by not prosecuting people that sell and use narcotics, I would say the state is acting in the opposite manner as a dictator. Similarly, Bukele making the executive declaration that he will not prosecute people that use Bitcoin properly as money is the opposite of dictatorial.
What if other branches of government act above the law? Is it justified for a branch of government to step in and force them to do their job?
100 sats \ 1 reply \ @servandofinn 5 Jul 2022 \ parent \ on: Is El Salvador Benefitting from Bitcoin? bitcoin
I would expect nothing less from people who are not professional investors. Of course people don't want an asset that has depreciated so much in a year. But that doesn't mean they know what's best for themselves.
The people your friend spoke with probably don't receive money from family members overseas. Maybe they have no need for banking services at all and live with cash.
The UI issues are completely shortsighted. You don't think these simple issues will resolve in no time?
There are no tax breaks needed. All that has to happen for people to come around to bitcoin is for the US Dollar continue being the alternative, for the Fed to continue controlling monetary policy of said dollar, and for Bitcoin to continue being limited to 21 million.
"Surrounded by soldiers, with six El Salvador flags behind him and in front of some five thousand supporters from different parts of the country, he called the deputies "scoundrels" and "criminals", affirming that they were committing an illegality by not attending that day. to Congress and reminded his followers of an article of the Constitution, 87: "The people have the right to insurrection to remove those officials and restore constitutional order," he said."
It sounds like there are two sides to this story. If you believe in a republican system, then all branches of government must play their role. If one intentionally decides to neglect their role, whether because they are corrupt or are playing political games, then it's justified to use force on them to fulfill their lawful duties. Otherwise they are "above the law". I'm not saying I fully understand the situation enough to make that declaration, but it must be taken into account whom is acting unconstitutionally.
Can we make a rule where people who have told OG bitcoiners that bitcoin is not "real money" up until 2020 are not allowed to be maxis?
I'm not familiar with either of the 2 examples you've mentioned. If you can source references to them I'm open to learning more.
I realize that making BTC a national currency was done outside of the legislative or judicial process, but in practice, the only the thing that changes for citizens is that they will not have to report transactions with bitcoin. So this is a net gain in freedom and loss of restriction. No one is being forced to accept bitcoin, use it, or hold it. If there's something I'm missing I would love to know.
Yes. Everyone who ever obtained Bitcoin did so by buying it from another entity voluntarily, stealing it involuntarily, finding it, or mining it. That is what can be considered a "perfectly fair" distribution.
GENESIS