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El Salvador abandons Bitcoin as legal tender

(ticotimes.net)
927 points smallerfish | 3 comments | 04 Feb 25 00:00 UTC | HN request time: 0.001s | source
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starspangled ◴[04 Feb 25 00:51 UTC] No.42925817[source]▶
It's interesting and nice to see how progressive and creative El Salvador has been. Some failures are perfectly understandable when one is willing to try new things. Their approach to crime is another thing that comes to mind that was lambasted and ridiculed by the "international community" and "experts". Yet in the space of a single decade they went from murder capital of the world to safer than New Zealand (in terms of homicide rate), which is just staggering.

I love that they are innovating and experimenting and trying their own things, and don't let the stuffy pompous status quo hold them back.

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threeseed ◴[04 Feb 25 01:12 UTC] No.42926051[source]▶
> nice to see how progressive and creative El Salvador has been

Alright so let's have a look at these progressive/creative approaches: https://en.wikipedia.org/wiki/Crime_in_El_Salvador

(a) Mass arrests of anyone who merely had a gang tattoo, (b) Jailing of children, (c) Security cameras everywhere, (d) Inhumane treatment of prisoners.

Trashing human rights is always effective but hardly creative nor progressive.

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carlosjobim ◴[04 Feb 25 02:02 UTC] No.42926595[source]▶
What would you say to the victims of these gangs?
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1. threeseed ◴[04 Feb 25 02:23 UTC] No.42926861{3}[source]▶
This is just an intellectually lazy way to dismiss any criticism of policies.

You can care deeply about victims and not believe in a surveillance state or arresting people simply because they look a certain way. History has shown it’s a slippery slope that ends up hurting everyone.

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2. mvdtnz ◴[04 Feb 25 02:32 UTC] No.42926935[source]▶
You surely can't be accusing others of being intellectually lazy and using the slippery slope argument in the very same post?
3. carlosjobim ◴[04 Feb 25 02:38 UTC] No.42926992[source]▶
A gang tattoo is a uniform. If you wear the uniform of an enemy soldier anywhere in the world, you will probably get arrested or worse.

> History has shown it’s a slippery slope that ends up hurting everyone.

You don't need to look far back into history when you can look at the real world right now. When things are so bad that they can't get worse, there's no point of arguing about a slippery slope.