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Issue #1010: The IMF is not happy with El Salvador

Issue #1010: The IMF is not happy with El Salvador

Jun 10, 2021
Marty's Ƀent

Issue #1010: The IMF is not happy with El Salvador

Well, that didn't take long. The ink on the bill that made bitcoin legal tender in El Salvador isn't even dry yet and the International Monetary Fund (IMF) is already wrangling President Bukele into a meeting to lecture him about the "risks and regulatory challenges" that come with the territory when you make bitcoin legal tender...

The ink may be dry now because there was a five hour break between the first two sentences and the sentence you are currently reading. Your Uncle Marty got side tracked by a few things while writing. One of those things being a Twitter Spaces conversation titled "Bitcoinizaciòn en Español" hosted by Javier Bastardo. Now, my Spanish is not that good. I studied Spanish for five years throughout middle school and high school and have practiced it in person multiple times while on trips to Central America and Spain. However, I am nowhere near as fluent as I probably should be considering the amount of time I sat in a desk going over the basics of the language.

To this day my opening line when speaking with an individual whose native language is Spanish is, "Yo hablo muy poquito." Followed by an awkward laugh and a look that screams "Más despacio por favor." However, I do like to think that over the many years of study and attempted conversations with individuals who speak Spanish as a first language, I can do a good job of picking up what's being said. And tonight in the Bitcoinizaciòn en Español room on Twitter, I heard a group of individuals throughout Mexico, Central and South America discussing how Bitcoin is being adopted in and how it may change the region. The conversations ranged from speculation over which country will be next to follow El Salvador to the bitcoin wallets that are gaining traction, to the potential to utilize stranded resources to mine bitcoin. There was even some DeFi shitcoinery if I understood correctly.

I certainly didn't understand every sentence that was uttered, but I did grasp the energy in the room. It was a very familiar energy. The energy I hope emanates from this rag time to time to you freaks.

Bitcoin is here to change the world in a profound way and individuals all over the world, no matter their race, creed, sex, or social standing innately grasp this fact. The opportunity that is presenting itself creates an atmosphere of excitement that cannot be contained. True freedom feels very attainable to all who are paying attention.

The recognition of this feeling being pervasive across cultures makes it very hard to believe that Bitcoin can fail at this point. There are too many Common Men around the world who understand what is going on. Who are beginning to truly grasp the gravity of the situation we have been dealt by Satoshi Nakamoto.

The only thing that stands between the Common Men from around the world who speak different languages and True Freedom in the Digital Age are the parasites of the incumbent system who do not want to cede power. The IMFs, the Federal Reserves, the ECBs, the UNs and every other corrupt institution of the world that stands to lose everything by losing their position in the rent seeking economy that has been erected in the wake of an unfettered Fiat Standard. This group of leeches will not go quietly. They will use soft and hard power in an attempt to force their will on the rest of us. It will be a battle.

However for me, after tonight, it is hard to see how we, the Common Men from all around the world, lose if we continue to speak up. If we continue to educate more individuals about Bitcoin's freedom-enabling properties and its promise in a world run by a bunch of individuals who are absolutely plastered off power. They may seem intimidating on paper, but there are far far far more of us than there are of them. If we continue speaking up, we will win. I do not doubt this in the least bit.

Seguir luchando.

Final thought...

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