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El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC 'Becomes Unaffordable' With Fiat Currencies, Says President Bukele – Featured Bitcoin News (news.bitcoin.com)

submitted 8 months ago by AnActOfCreation@programming.dev to c/technology@lemmy.world

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El Salvador will continue buying 1 Bitcoin daily until it becomes unaffordable with fiat currencies
President Bukele's statement highlights commitment to cryptocurrency adoption
Move demonstrates belief in Bitcoin's long-term value and potential as a global currency alternative.

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[–] Harbinger01173430@lemmy.world 6 points 8 months ago (2 children)

Tbh we want a Bukele in my south American country. Crime is running rampant

[–] PsychedSy@sh.itjust.works 2 points 8 months ago (1 children)

There's no question they've arrested innocent people and the prisoners are being treated poorly, but it's hard to judge when I don't have to deal with drug cartels/gangs and make their monthly salary in a couple days.

[–] Harbinger01173430@lemmy.world 1 points 8 months ago

Yeah, as long as we don't get jailed without justification, it's good.

[–] HaywardT@lemmy.sdf.org 2 points 8 months ago (1 children)

It is sad to see people unaware of different conditions in the world. They have this feelings that one set of rules is good for everyone.

[–] Harbinger01173430@lemmy.world 2 points 8 months ago (1 children)

I know. Also tfw left and right is different outside of the US lol

[–] HaywardT@lemmy.sdf.org 5 points 8 months ago (1 children)

You are very correct.

I don't really want someone who is "tough on crime"in Russia, China or Taiwan , but I can understand why people in Haiti would be in favor of it.

[–] Harbinger01173430@lemmy.world 4 points 8 months ago (1 children)

For a future in which Bukele unites south America under the banner of zero crime, since our local presidents are just stupid and corrupt and wastes of space.

[–] PsychedSy@sh.itjust.works 1 points 8 months ago

Politicians have a bad habit of not giving up power. Hopefully, when the time comes, he graciously steps down or works on addressing the rights he had to curtail to do what he's done.