Bitcoin is the currency of the regime, Designed primarily for foreign crypto enthusiasts.Some of them VIP Attendant to President’s Private Party..They go out on helicopters and on Surfing and fishing tripsOften escorts By the police,and Private tour to government facilities..They too Advise on public policy..
It is clear that their use of currency was part of Mr. Bukele’s intentions. Despite the fact that the project is funded by taxpayers, many of the president’s messages about Bitcoin are written in English because they are designed for Bitcoin followers rather than the people of El Salvador. .. The El Salvadorans know this too. A December National Opinion Poll Only about 11% of respondents believe that the main beneficiaries of Bitcoin Law are the nationals, and about 80% believe that they are either rich, foreign investors, banks, businessmen, or governments. I showed that.
The major players in the global crypto market Block PierceFounder of Tether, and Jack Malers, CEO of the strike — came to El Salvador, sang Mr. Bukele’s praise to the media, and they are acting as de facto ambassadors to the administration.Missives like them fill social media and crypto-friendly English outlets In an advertisement about how great Bitcoin is for El Salvador, how great life is here, and how bold and bold Mr. Bukele is as a leader.I have some Suggested that it is good for the country There is some kind of valuable brand change going on by someone to reshape the image of El Salvador in front of the world to these crypto influencers. Paying coconut with Bitcoin.. It’s a mirage.
The stories Bitcoiners spin about our country are often blatantly wrong. In February, Bitcoin and Bukele promoter Stacy Herbert said “Mass immigration from El Salvador has stopped,” despite being detained on average by the U.S. Customs and Border Protection. 255 El Salvadorans daily At the southern border of the United States that month. Bitcoin beach projectEl Salvador, run by California surfer Mike Peterson, saidChildren’s paradise“Even though it is a country 90 percent here The rate of rape for minors is not punished.President Bukele Retweet “We are building a place where your child can live the life you lived in as a child,” he added.
The life that Mr. Bukele is building looks significantly different to the El Salvadorans.For the past three months, the government has I used a state of emergency In many cases, almost 40,000 people are imprisoned without defense. Mr. Bukele has begun to crack down on press freedom. Gag method Banning the duplication of messages from gangsters, his government has not investigated the illegal use of Pegasus spyware for surveillance. Dozens of journalists Covering El Salvador, including myself, from an independent press between 2020 and 2021. Reporters have already fled the country and are afraid of retaliation for doing their job.
Bukele used his infamous Cryptobro persona to distract the public from other abominable scandals.On the campaign trail, he I promised Fighting corruption by cooperating with the International Commission on Impunity Promoted by the Organization of American States. After his election He withdrew from the agreement. The next day, he announced the Bitcoin Law. Probably to distract from his anger at his withdrawal. In May, another scandal occurred. My research shop, El Faro, Published details of secret negotiations To reduce murder between the Bukele administration and MS-13. Eighty-seven people were killed in retaliation when the contract was signed. Instead of dealing with the problem and denying his claim that he knew the negotiations, Mr. Bukele tweeted about Bitcoin. His government has not yet commented on the widely read investigation.