5 ms·
Revolutionary in the sense that this monetary policy is something completely new and never before tried. It isn't a cultural revolution like what is happening i
by dimensionc132 4y ago
Revolutionary in the sense that this monetary policy is something completely new and never before tried. It isn't a cultural revolution like what is happening in the USA with the LGBTQxyz crowd forcing their views on the entire society, something that could divide the populace enough and which could actually lead to civil war.
- joshualahoud 4y agoIt is a revolution that has a thousand similar revolutions that are all backed by seemingly nothing. There are plenty of coins that offer everything bitcoin does and they are worth dirt. First mover advantage will not last forever
- malermeister 4y agoYou don't think a bunch of techno-libertarians trying to force their ideology on the entire society has any similarities? I, and many leftists (actual leftists, not the US sense of the term where it's about bullshit identity politics instead of economic systems), would disagree. Plenty of civil wars have been fought over what amounts to momentary policy, hell, that's what the Cold War was about too.
- dimensionc132 4y ago>techno-libertarians trying to force their ideology on the entire society has any similarities? of course there are similarities, but, the biggest difference in El Salvador is that nobody is forced to use it, it is a choice. Those people that don't use the Chivo wallet and bitcoin for transactions can still use USD to pay in cash as they have before. The experiment is voluntary. Now for example in Sweden, where the government has been pushing a cashless society bereft of anonymity, that is not voluntary. If you go to Sweden today and try to pay for something with anonymous cash, it is essentially impossible. That is also an example of forcing an ideology onto the people against their will.
- el-salvador 4y ago> The experiment is voluntary. This is an example of how the current El Salvador's government writes something in the law, and then changes the meaning (sometimes to the opposite interpretation) by means of a tweet, an interview or pushing a narrative through its propaganda machine, without actually changing the original law. Bitcoin law states is compulsory, the first government communication was that it was "compulsory", but then the official narrative changed to voluntary as the price decreased. Quoting Bitcoin Law: Article 7. Every economic agent MUST accept bitcoin as a payment method if offered by the acquirer of a good or service. I remember reading something similar in a quite famous book: “The past was alterable. The past never had been altered. Oceania was at war with Eastasia. Oceania had always been at war with Eastasia.”