El Salvador abandons Bitcoin as legal tender

(ticotimes.net)

927 points smallerfish | 1 comments | 04 Feb 25 00:00 UTC | HN request time: 0.479s | 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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the_af ◴[04 Feb 25 01:13 UTC] No.42926054[source]▶

>>42925817 #

Regardless of whether you think of them as successful or failed, I don't think you can see El Salvador's policies as "progressive".

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next_xibalba[dead post] ◴[04 Feb 25 04:50 UTC] No.42928123[source]▶

>>42926054 #

[flagged]

1. the_af ◴[04 Feb 25 12:57 UTC] No.42931738[source]▶

>>42928123 #

There are alternative paths one could take to address society's ills.

I'm saying Bukele's policies aren't progressive. Furthermore, he doesn't consider them progressive. His allies in the Latin American ultra right wing don't consider them progressive. "Progressive" to them is an insult.

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