Pres.Nayib Bukele: Stop Drinking the Elite’s Kool-Aid - page 2.

hatshepsut93

legendary

Activity: 3024

Merit: 2148

Quote from: stompix on October 26, 2022, 11:57:02 AM

I find it funny quoting the "west" when the entire Europe is east of Salvador but, has he touched the subject of the aid money he has received from the evil west? Oh wait, no, that would bring down his whole commie manifesto against the evil capitalist pigs!

Quote from: stompix on October 26, 2022, 11:57:02 AM

Yeah, writing an angry text to the corporate overlords that are chaining the poor socialist worker is easy, running the country into the ground with a 1.7 billion or 6.5% GDP deficit is a completely different story.
But the blame game works on the brainwashed so well!

Bukele is actually right wing. But we live in times when it's hard to immediately understand if a person is left wing or right wing, because they use a similar populist rhetoric against some abstract "elites", "global establishment" and so on.

And its not nice that Bitcoin gets associated with political fringes, it just adds another reason for preventing Bitcoin from going mainstream.

BigBos

sr. member

Activity: 1974

Merit: 450

What Nayib Bukele responded is a new horizon for them to open up how the world needs Bitcoin and to protect the rights of freedom. When the government continues to control fiat finances, there needs to be a balance. Therefore, the mindset of a Nayib Bukele has paved the way for state governments who are still hesitant to adopt Bitcoin, more convinced that full control of a country's economic power is an important key in the future.

Die_empty

hero member

Activity: 686

Merit: 987

Give all before death

I think Nayib Bukele response was very appropriate. These powerful governments want to control everything. They want to ensure that the people don't have the power to determine their financial future. Issues that are against bitcoin would be given very wide publicity, while the benefits or exploits of this unique cryptocurrency are given no or fewer media coverage.

International organizations are financed by some powerful governments, which make them protect their interest to the detriment of other nations. We saw IMF and World Bank discouraging El Salvador from making bitcoin a legal tender because it would affect the dominance and gains of their financiers.

Doan9269

hero member

Activity: 812

Merit: 560

I consider this a bold step to challenge those bad mouthing El-Savador and his name reputation over the adoption, should anyone feels guilty then they should also take a step and make aove to adopt bitcoin or remain silent, this is overwhelming already as various news feeds keep on trolling all about this adoption, I've always made mention that if anything is not heard from the government of El-Savador about their adoption experience then every other claims remains a distraction of the media, El-Savador is fine and doing well with bitcoin adoption.

CryptoHeadlineNews

hero member

Activity: 1092

Merit: 747

That was a brilliant and well reserved responds given by Nayib Bukele the president of El Salvador to the world, because with the statement given below which I found in the article link above, it clearly shows he really understood Bitcoin and had great trust in it before accepting it as a legal tender, which i still believe was a great move despite the fall in the price of Bitcoin. But one thing certain is that media will always want to tell a story, not minding it's authenticity, of which legalizing Bitcoin, a currency that can't be controlled by the government, it became a target to international communities who needed to have control over it's economy. But with this, it's a clear sign El Salvador Is never ready to play along to the game

Quote

If El Salvador succeeds, many countries will follow. If El Salvador somehow fails, which we refuse to, no countries will follow.

They know this very well and that’s why they are fighting us so hard.

Will you play their game?

Or will you become aware of the real game?

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: Baofeng on October 26, 2022, 09:19:14 AM

And so at least he has responded to those who have criticized him, the media, the financial watchdog and the West.

I find it funny quoting the "west" when the entire Europe is east of Salvador but, has he touched the subject of the aid money he has received from the evil west? Oh wait, no, that would bring down his whole commie manifesto against the evil capitalist pigs!

Quote

U.S. financial aid is pouring into El Salvador at the rate of almost $1 million per day. Since 1980, that country has received nearly $1 billion to reform and modernize its political, economic, and military systems.

https://www.heritage.org/trade/report/el-salvadors-economy-sputters-and-us-aid-policies-are-theculprit

https://sv.usembassy.gov/usaid-emergency-assistance-to-el-salvador-for-tropical-storm-julia/

Quote

Since 2020, USAID has provided $48 million in humanitarian assistance and disaster preparedness to El Salvador that includes response to Tropical Storms Amanda, Cristobal, Eta, Iota and Julia.

The United States has provided over $4.4 billion in development assistance through USAID and its predecessor U.S. Government programs
https://www.usaid.gov/el-salvador/history

And speaking of kool aid,

Where is that geothermal 200MW powerplant that was ready a year ago that would be dedicated just for bitcoin mining?
Where are the incentives for miners in Salvador and why is Salvador importing electricity and asking citizens to pay more than every country around them (from which they import energy)
What happened to the Bitcoin bonds that were supposed to be 300% oversold?
What happened to the 500 million city that is going to cost at least 6 billion by the latest numbers?

Yeah, writing an angry text to the corporate overlords that are chaining the poor socialist worker is easy, running the country into the ground with a 1.7 billion or 6.5% GDP deficit is a completely different story.
But the blame game works on the brainwashed so well!

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

It does seem like he could be right about the mainstream media narrative hiding things. I didn't see anything on TV saying El Salvador passed the bitcoin bill. It's hard to tell if they saw the news as potentially negative though (if people hadn't heard of El Salvador before or only heard of it negatively) or if they were actually just trying to hide it.

I wonder if this is him still trying to defend his insistence of his country's investment in bitcoin or if it's him trying to attract a certain audience (like we saw with gamestop).

The second would probably be a lucrative strategy for them (as it was for gamestop) but I imagine, if it is that, the hedge funds are going to start doing exactly the same thing and try to profit off it too...

It's quite impressive they are laying the groundwork for a web3 integrated economy though (as it'd look like they are by sending citizens bitcoin) it should make them much more capable of embracing new technologies and allow their economy to boost as a result (it's probably something other countries will and should do, at least with a CBDC as the fastest growing economies will soon be the most adaptive - or may already be).

Baofeng

legendary

Activity: 2576

Merit: 1655

Anyone have read President Nayib Bukele article on the Bitcoin Magazine?

I really like how he answered his detractors here specially those who are saying that it's very wrong to invest their money on bitcoin.

And about censorship? let me quote,

Quote

They used to own everything, and in a way they still do; the media, the banks, the NGOs, the international organizations, and almost all the governments and corporations in the world.

And with that, of course, they also own the armies, the loans, the money supply, the credit ratings, the narrative, the propaganda, the factories, the food supply; they control international trade and international law. But their most powerful weapon is the control of the “truth”.

And they are willing to fight, lie, smear, destroy, censor, confiscate, print, and do whatever it takes to maintain and increase their control over the “truth”, and everything, and everyone.

https://bitcoinmagazine.com/print/stop-drinking-the-elites-kool-aid

And so at least he has responded to those who have criticized him, the media, the financial watchdog and the West.

Topic: Pres.Nayib Bukele: Stop Drinking the Elite’s Kool-Aid - page 2. (Read 444 times)