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We all know that a China or Iran is also not exactly friendly when it comes to Bitcoin, but you know what, they are not using their media to further push their propaganda on their own citizens regarding Crypto and with it, undermine the sovereignty of an entire country. They are not sinking as low as highlighting inaccurate claims the Bukele government is "an authoritarian dictator" despite the fact he won fair elections with a vast majority of +66% votes.
https://news.yahoo.com/bitcoin-protests-el-salvador-against-005554879.html
https://www.euronews.com/next/2021/09/03/as-el-salvador-prepares-to-use-bitcoin-as-legal-tender-new-study-shows-most-people-don-t-w
https://www.bloombergquint.com/business/bitcoin-atm-burned-in-el-salvador-amid-anti-bukele-protests
So what's going on? A few thousand people out of almost 7 million do not like Bitcoin and took to the streets (again) and now started to destroy Bitcoin ATMs.
You know what this reminds me of? The same type of pathetically transparent propaganda these same media puked on their audience regarding a Libya or Ukraine: "Look at the BRAVE protesters there, we must stand by them in their struggle against .....". If for some reason any mainstream media or any of it's reporters suddenly offered a counter voice and stated it was illegal and wrong for their government to do these things in X or Y country, you know what they'd be called? A "Russian" disinfo asset spreading "fake news". As long as they follow the narrative, they will keep their license as a "free and independent media". So, after this "free media" pukes out this state approved propaganda masqueraded as "global news reporting", they never again follow up on the consequences of these misleading vulgar lies and how it was their voice who helped make what their government was doing acceptable to the people. Libya was once Africa's most prosperous, stable and wealthy nation, but turned overnight into a divided country ruled by 3 governments, a terrorist hot spot and actual slave market where refugees from all over Africa who are traveling through chaotic nation trying to reach Europe are literally being captured and sold. And no, it is by no means "a revolution" when former colonial powers use their advanced weaponry to kill the nation's leader, it's a bloody foreign coup and an absolute violation of international law, plain and simple.
Ukraine under the undisputed democratically elected Yanukovich government, which once had independence, a small but stable economy with a highly profitable gas transit from East to West and a neutrality law prohibiting the nation from ever joining any military bloc, saw that law cancelled almost immediately after post-coup Poroshenko government took power, is to this very day still reduced to a humanitarian charity case and also saw their once profitable Russia-EU gas transit melt like snow under lava with the introduction of the Nord-Stream2.
So, how sincerely do you think this "independent media" now is in their worries for Salvadorians? None whatsoever. They couldn't care less what the economic situation is in El Salvador. The writers of the 3 bias articles probably couldn't even locate El Salvador on a map, let alone know what the economic situation is there, all they know is "Bitcoin bad" and pick up any story that'll help them push that angle.
Oddly enough though, it was this sentence which caught my attention the most: "The survey carried out in August, questioned 1,281 people and found that seven out of 10 people do not fully understand what Bitcoin is. In fact, only 4.8 per cent of those surveyed correctly identified Bitcoin as a cryptocurrency and two out of 10 people had not even heard of Bitcoin before."
Hmmm, muy interesante. Now let's locate those very same people again and ask them if they understand that when you "send money" from one bank to another, it's not really sending anything but merely communicating and validating your credit. While we're at it, ask them why their country's oil imports are priced and payed in the US Dollar and not their own currency and how much this benefits that particular currency at the expense of their own, I wonder why Imperialist media isn't going around the world antagonizing people with this inconvenient economic fact huh? Also ask them If they know what quantitative easing is which the central bank of that foreign currency often practices and what this means for the billions their own country holds. Ask what Forex reserves are and if they know the consequences of having your national currency linked to one which is backed by nothing and can be printed endlessly, empowers a foreign hostile country over the economy of your own country.
Bottom line, you don't need to "understand" the foundation of banking, geo-ecomomics or forex in order to grab a Dollars and pay with it, much like you don't need to be a blockchain engineer in order to open your Bitcoin wallet app and scan it.
But to be fair, it's not all fluffy clouds and roses when it comes to El Salvador's Bitcoin implementation. The point I am somewhat worried about, is the Chivo app and it's centralized nature and the fact it was already shut down nationally by the government. What's the difference between that and any common bank account? Plus side however, that despite earlier reports it's not mandatory to use Chivo and the more advanced users who understand the power of Crypto, will have a variety of their own favorite wallets they can use instead. So only thing I'd be on the lookout for regarding El Salvador is if this will remain that way, not the handful of people over there who are making global headlines for no logical reason.
