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Re:JPMorgan: “El Salvador Reduces Fiscal Deficit, Despite Bi... by throw_m239339 on Saturday August 20, 2022 @04:14AM (#32530283)
The point of bitcoin is never bitcoin apparently... You do make the economy interesting to foreign investor by investing in infrastructure, education, safety... not buying bitcoin and making yourself hostage to companies such as Bitfinex...
Re:JPMorgan: “El Salvador Reduces Fiscal Deficit, Despite Bi... by ReadTheLicense on Saturday August 20, 2022 @07:27AM (#32531181)
Did you read the communication from before it was implemented? The largest talking point was getting money from El Salvadorans living outside the country back home (because the traditional banking system is failing them), not making capital gains from BTC.
Re:JPMorgan: “El Salvador Reduces Fiscal Deficit, Despite Bi... by shyn3 on Saturday August 20, 2022 @09:32AM (#32531942)
I've heard from Sri Lankan families in Canada that they are doing the same.
Re:JPMorgan: “El Salvador Reduces Fiscal Deficit, Despite Bi... by yesUgotit on Saturday August 20, 2022 @01:25PM (#32533690)
Why do we care about attracting investors?

Why does human agency have to be coupled to the patronizing view some white trash ape in a suit who “is wealthy” due to some past choices of dubious truth?

Can we break the mental model of needing missionaries spreading the appropriate spoken traditions and gospels?

Coins as totems of power and bank statements as scripture; to the flames with such thinking. I don’t owe deference to the sensibilities and figurative identity of some far off Ferengi babbling about their rules; I have no obligation to whatever set of principles grip their sensibilities.

The world is not “a vacuum”. Other people are not abstract agents to gather into a flock… sorry corporation… and dictate utilitarian effort to.

Re:JPMorgan: “El Salvador Reduces Fiscal Deficit, Despite Bi... by ReadTheLicense on Sunday August 21, 2022 @06:47AM (#32538929)
We care about attracting investors because the country is full of people dying due to not enough monetary resources both for the state and for individuals.