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el-salvador
searching PlanetScale…
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el-salvador
1y ago
> You can come here with $3,000 in month and social security and live a very nice lifestyle. The downside is, it has begin to price out an exclude many of the citizens It seems that every new apartment in San Salvador is being built to c
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el-salvador
1y ago
We’ve had this Google service in El Salvador for a while, and it’s really cool. The first time we received an earthquake alarm we felt like we were living in Japan. I never thought we would have Japanese-style earthquake alerts here. iPhone
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el-salvador
2y ago
> We just had the current administration sell a bunch of young men into slavery in a El Salvador. El Salvador has different prison systems for gang members and for other convicts. The prison they were sent to has a higher security level
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el-salvador
2y ago
El Salvador has had limited or very expensive access to the bond market for the past years. I thinkneed it, otherwise they wouldn't have made a law to loan money from El Salvador's pension funds with 0% interest.
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el-salvador
2y ago
Day to day there won't be much change, as bitcoin acceptance wasn't really enforced.
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el-salvador
2y ago
Dollarization was unpopular at first in El Salvador but after 24 years of dollarization, and both right and left wing governments, there are are no official plans of rolling it back. It's way too convenient to use the world's most
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el-salvador
2y ago
> They needed the loan for reasons. One of them being that El Salvador lost affordable access to the international bond market for a good part of the past years due to higher country investment risk, there were multiple reasons for that
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el-salvador
2y ago
I think El Salvador should offer two alternatives: Passport OR permanent residency. As there are many other countries that don't recognize double nationality and would require the applicant to cancel their original nationality. And th
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el-salvador
3y ago
> I tried installing TikTok on a blank developer phone, and the content was vastly different from what I was used to. Absolutely appalling content, the worst that humanity has to offer I've had similar experiences with new TikTok in
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el-salvador
3y ago
The source cited by the article ( https://bitcointreasuries.net/entities/48 ) is not a government website. While I believe it's ok for my government to invest public funds in assets with different risk profiles. I w
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el-salvador
3y ago
El Salvador is not currently on a widespread financial crisis... I mean by Latin American Standards of course. But some things are of concern. First the country's access to international financing is still limited. Right now Internatio
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el-salvador
3y ago
> And thus the perspective of El Salvador held by those who do not live there is wrong? Sometimes wrong, sometimes contradictory and most of the times a very sugarcoated version of reality.
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el-salvador
3y ago
I think El Salvador has a very well run media-and-public relations department that creates media and guidelines for publications in different markets (countries). It relies on social media, instead of relying on traditional public broadcast
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el-salvador
3y ago
Not a natural disaster, but there's something similar happening for about 10 days in Central America. The largest Telco was hit by ransomware and this has affected most of their systems. They are unable to receive electronic and card p
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el-salvador
3y ago
This has happened to me while living and travelling in the Northern Triangle of Central America in the 2010s which at that time were the unsafest not-at-war countries of the world. Depending on the time of the day and location I just ran er
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el-salvador
3y ago
I didn't know Detroit had French Origin. Spanish slang from the 90s in my country imported Detroit and Spanish-ized the pronunciation as ditroy. Since it has the same consonants as detrás, Spanish for behind, it can be used a a synonym
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el-salvador
3y ago
One of the reasons Bitcoin didn't become as popular in El Salvador as a banking alternative, as it did in Venezuela or Argentina is that our financial system has been historically stable for generations. The Salvadoran regulators have
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el-salvador
3y ago
I'd add that Bitcoin was many Salvadoran's first experience with a currency losing 50% of its value in less than a year. Salvadorans having used the U.S. dollar for 21 years, and having a stable currency four about a hundred years
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el-salvador
3y ago
I was visiting a place while a mild earthquake. It didn't cause any damage, but it took many locals by surprise, as it didn't take place in a seismic country. Naturally the mobile phone network, GPRS/3G that POS devices relie
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el-salvador
3y ago
Yup. El Salvador started importing dollar coins around 2012 in order to reduce currency substitution costs.
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el-salvador
3y ago
> Expiring money seems patently absurd so why a central bank would consider it seems so outlandish to me at least. Some countries, like Costa Rica, do this with cash, but with a much longer timeframe. Every 10 years or so they launch new
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el-salvador
3y ago
> (El Salvador has independent media critical of the gov't, for example https://elfaro.net/ ) We did for a long time, but availability of independent media is declining. Some months ago El Faro moved its headquarter
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el-salvador
3y ago
It’s doable from my region, but it has to be done via a partner company that upsells additional services during the onboarding process. If I recall correctly there is a fee for creating the number and an extra free for updating the records.
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el-salvador
3y ago
Some of El Salvador tax policies are friendly for corporations. But for wages, income above 27000/y gets taxed at 30%.
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el-salvador
3y ago
https://www.speakinglatino.com/spanish-language-words-for-dr...
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el-salvador
3y ago
> It's used, but for the old ones with horses. This was new for me. The Spanish words carro, carreta, coche, carretilla, carrito all mean "something that has wheels on it", but the meaning keeps changing between car, horse
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el-salvador
3y ago
> There is a Latin American country (I forget which one) where the street addresses are essentially unusable and the mail carriers have to find the final location by using their own knowledge of the area. Nicaragua and Costa Rica use a l
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el-salvador
3y ago
It is the exception, rather than the rule, but there are two Nahuatl words that have been borrowed widely to other languages. They can be found in a recognizable form even as far away as Finnish, Korean, Indonesian, Japanese and Emoji. Choc
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el-salvador
4y ago
“Next week, I'll be sending a bill to congress to eliminate all taxes (income, property, capital gains and import tariffs) on technology innovations, such as software programming, coding, apps and AI development” president said on Twit
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El Salvador president readies bill to eliminate taxes on tech
(news.yahoo.com)
20 points
by
el-salvador
4y ago
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