Ne, Salvador se proti zakonu Bitcoin ne dviguje množično

Glede na Svetovna, an El Salvadorian daily newspaper, protesters gathered on Tuesday to demand the Bitcoin law be repealed.

During the gathering, one of the protest leaders said ordinary folk on minimum wage are particularly affected by Bitcoin’s wild, volatile swings. While drawing attention to the recent dips as evidence to support the point made.

»Za ljudi, ki zaslužijo minimalno plačo, lahko v enem trenutku imate 300 $ v bitcoinih, naslednji dan pa lahko 300 $ postane 50 $. Danes smo videli, kako pada cena kriptovalute.”

Nonetheless, further analysis of the situation suggests, on the whole, El Salvadorians are not up in arms over the Bitcoin law.

Protestors March For Repeal Of Bitcoin Law

El Salvador made history in June when lawmakers approved the proposal to make Bitcoin legal tender.

Predsednik Bukele said this would help bring financial inclusion, investment, innovation, and economic development to the country.

However, since then, the IMF and World Bank backlash show the path to “Bitcoinization” won’t be smooth. A number of prominent figures have also expressed their concerns, including economist steve hanke, who called the move “stupid.”

It seems El Salvadorian citizens are now joining in with opposition calls, calling on the government to reverse the Bitcoin law.

Marching on the National Assembly building on Tuesday, protestniki spoke of fraud, money laundering, scams, volatility, and how the law was rushed through without proper consultation.

However, the numbers shown on media reports are but a handful of people. Predictable, all were middle-aged and elderly, which may suggest ignorance on the overall benefits of blockchain technology.

In any case, headlines suggesting a mass revolt against the Bitcoin law are disingenuous. More so, as detailed by Strike CEO Jack Maller, neither businesses nor individuals will be forced to use Bitcoin as the country will also retain use of the dollar.

Social Media Feedback On The Protests

Na Twitter objave about the protest, one komentar called the protestors ignorant of the wider economic issues. He added that Bitcoin “is the only thing” to free them from the grip of international bankers.

"How much ignorance, bitcoin is the only thing that will save them from slavery, which easily fall into the discourse of the banks that only want to borrow them."

Podobno še ena komentar said some people are averse to technology, and those “who are not educated” will continue resisting change.

"Generally, new technologies are not usually reliable for people and obviously people who are not educated will continue to think the same, trusting that piece of paper.”

The protestors have not derailed President Bukele’s plans, and the Bitcoin law will still go ahead on September 7.

What’s interesting about El Salvador’s “experiment” is that there will be empirical evidence of Bitcoin’s influence at a national level for the first time.

The following months could be instrumental in directing the future of cryptocurrency.

Source: https://bitcoinist.com/no-el-salvador-is-not-rising-in-mass-against-the-bitcoin-law/?utm_source=rss&utm_medium=rss&utm_campaign=no-el-salvador-is-not-rising-in-mass-against-the-bitcoin-law