Cryptocurrency

Out of context: Reply #202

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  • grafician-6

    ^

    "False Narrative #2: Bitcoin Adoption in Latin America

    Latin America is a region that has been long affected by weak, corrupt governments that tend to impose capital controls, currency devaluation, and other hardships on their citizens.

    Over these past few weeks, you may have read misleading articles or headlines about how Latin America is rapidly adopting Bitcoin.
    With a total of 20 countries in Latin America, only 1 of them has voted on using Bitcoin as a legal tender. Nayib Bukele, El Salvador’s dictator, only accepted Bitcoin under the condition that every citizen used “Strike”.

    So technically, they aren’t even using Bitcoin. The people of El-Salvador are using Strike Token. Too poor to ever use real Bitcoin because getting on-chain is too expensive. Hopefully, Strike or the El Salvador government doesn’t decide to confiscate these Strike Tokens from the people in the future."

    https://cryptowhale.medium.com/t…

    • "The live StrikeCoin price today is $0.009408 USD with a 24-hour trading volume of $185,489 USD"

      https://coinmarketca…
      grafician
    • Volume on 24 June was $1.02 then jumped $200k in 10 days lolgrafician
    • shame on these fuckers from strike coinshit for taking advantage of the poor ppl in el salvador with their scamgrafician
    • https://davidgerard.…grafician
    • oh and that bitcoin atm takes 1.5% fee
      https://apnews.com/a…
      grafician
    • make that 10.5%grafician
    • maybe you should educate yourself on the economy of el salvador first: https://www.youtube.…zarkonite
    • nah bro, I'm good, el salvador as a country didn't adopt bitcoin, just its dictator el presidente trying to print some quick cash by the way of tethergrafician
    • "countries adopting bitcoin" LOL fuckoffgrafician
    • also the fact that you guys don't live in a country who had both a dictator and huge inflation speaks volumes about your knowledgegrafician
    • your past with dictatorships and poor economies or failed states doesn't make you an expert neither btw. just a bit more anxious maybe.uan
    • @uan uhm but it does :) the fact that many on QBN have no clue about many issues but they still comment is so dumbgrafician
    • you're in Switzerland uan? case on point LOLgrafician
    • yeah, but my family immigrated here because of a dictatorship. so I know better than you can imagine what I am talking about.uan
    • also I would say stunning lots of qbn ppl have migration backgrounds (except for the 'new' US users who think they are the planet :-).uan
    • btw, the dictatorship was not a communist one, but a neo-liberal one. the ruling by force come in all colors.uan
    • so are we discussing shades of authoritarianism or the fact that bitcoin adoption in Latin America is bullshit?grafician
    • I'm trying to get you to think about why do care so much. not your country, not you money, so what's up with your attempts to bash this new technology?uan
    • no, you're right, we should all stand down, let the others get scammed
      smh
      grafician

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