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Bitcoin City and Volcano Bond! Brilliant and comprehensive presentation by President Bukele.

Bitcoin City and Volcano Bond! Brilliant and comprehensive presentation by President Bukele.

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40 Comments

  1. What I find so interesting is that they follow through with what they say every single time. They said they will make ATM buildings, they did, they say he will make hospitals, they did. If the US said they would make a carbon neutral city you know you aren’t going to see that in your lifetime.

  2. this is so refreshing to see in the midst of all of the financial and social upheaval.

    bitcoin is the digital new world. as max keiser said, bukele is the george washington of our era and navigating his people across the cyber seas to the bitcoin new world and planting his flag with bitcoin city. they are choosing to escape the tyrannical old fiat world.

    thing is, bitcoin city is open to everyone because it’s not just the physical city but it’s also the network. as michael saylor says, anyone can plug into the bitcoin network. even if you only hold one sat, you have el salvador, michael saylor, square, jack mallers, the core devs, the lightning devs, miners all working hard to improve the bitcoin network which benefits you.

    bitcoin cities are going to start popping up all over the world if el salvador’s example is successful. 🇸🇻🌋

  3. The guy is as showman and his ego is as big a as mountain. Nevertheless, he is pushing bitcoin and that is good for his people, so no complaints there. I wish there were other similar attempts, because if there is just this one, and it fails for whatever reason (and the IMF and others will do their best to make that happen) the FUD spread worldwide will be the biggest we have ever seen.

  4. i don’t trust this guy and im not a fan of these big XL sized announcements – crowd cheering reminds me of bitconnect, but i’m carefully optimistic and think this can be a great thing!

  5. Es dificil la situación política en El Salvador. La gran mayoría de los salvadoreños ven en Bukele a un dictador, no lo quieren. La relación Bitcoin-Bukele ha resultado dañino para el Bitcoin en ese pais porque los salvadoreños relacionan al Bitcoin con Bukele y piensan que entonces es algo malo.

  6. the whole elsalvador thing is awesome and all, but now! for some reason it’s becoming one of those bond movie plots, also such grand mega projects have a high failure rate, dubai is dotted with some of those marvels, as well as abandoned port cities in a number of places.

  7. El Presidente Bukele is a socialist. Socialism is good. Benefits everyone, not just a few (the infamous 1%).
    Having visionary ideas that also will help the country is not a bad thing.

    As of now, it has been seen as “dictator” but in reality, he is going against the standards (sometimes called establishment).

    He is young, smart, charismatic.
    He believes in empowering the people (El Pueblo), and that’s what it takes.
    Millions of people live in very poor condition, many don’t have bank accounts, many distrust the “system”. This is new for everyone.

    I am originally from El Salvador, and proud US citizen. I hope the Bitcoin community provides support to develop this fantastic idea.
    If he can pull this off, the country will prosper, and Bitcoin hodlers will have a place where they can expand their wealth, and share it.
    All is a win win.
    Vamos/Let’s Go, El Salvador

  8. I found it interesting that they want to use the volcano’s energy to become miners. This is how they “think” they will be able to pay the 6.5% on the bond. There are many consequences of having a Government in the mining business including corruption since bitcoin movements are anonymous.

  9. I was just watching a vlog from a guy visiting el Salvador. You can literally be killed for walking into a wrong street. Real anarchy in some zones, tons of people being kidnapped. People really have other much much bigger struggles than some internet money. I am happy that one country is trying to use Bitcoin, but I have very mixed feelings about el Salvador being this first country.

What do you think?

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