Viewing profile — el-salvador

> You can come here with $3,000 in month and social security and live a very nice lifestyle. The downside is, it has begin to price out an exclude many of the citizens It seems tha…

We’ve had this Google service in El Salvador for a while, and it’s really cool. The first time we received an earthquake alarm we felt like we were living in Japan. I never thought…

> We just had the current administration sell a bunch of young men into slavery in a El Salvador. El Salvador has different prison systems for gang members and for other convicts. …

El Salvador has had limited or very expensive access to the bond market for the past years. I thinkneed it, otherwise they wouldn't have made a law to loan money from El Salvador's…

Day to day there won't be much change, as bitcoin acceptance wasn't really enforced.

Dollarization was unpopular at first in El Salvador but after 24 years of dollarization, and both right and left wing governments, there are are no official plans of rolling it bac…

> They needed the loan for reasons. One of them being that El Salvador lost affordable access to the international bond market for a good part of the past years due to higher count…

I think El Salvador should offer two alternatives: Passport OR permanent residency. As there are many other countries that don't recognize double nationality and would require the …

> I tried installing TikTok on a blank developer phone, and the content was vastly different from what I was used to. Absolutely appalling content, the worst that humanity has to o…

The source cited by the article ( https://bitcointreasuries.net/entities/48 ) is not a government website. While I believe it's ok for my government to invest public funds in asset…

El Salvador is not currently on a widespread financial crisis... I mean by Latin American Standards of course. But some things are of concern. First the country's access to interna…

> And thus the perspective of El Salvador held by those who do not live there is wrong? Sometimes wrong, sometimes contradictory and most of the times a very sugarcoated version of…

I think El Salvador has a very well run media-and-public relations department that creates media and guidelines for publications in different markets (countries). It relies on soci…

Not a natural disaster, but there's something similar happening for about 10 days in Central America. The largest Telco was hit by ransomware and this has affected most of their sy…

This has happened to me while living and travelling in the Northern Triangle of Central America in the 2010s which at that time were the unsafest not-at-war countries of the world.…

I didn't know Detroit had French Origin. Spanish slang from the 90s in my country imported Detroit and Spanish-ized the pronunciation as ditroy. Since it has the same consonants as…

One of the reasons Bitcoin didn't become as popular in El Salvador as a banking alternative, as it did in Venezuela or Argentina is that our financial system has been historically …

I'd add that Bitcoin was many Salvadoran's first experience with a currency losing 50% of its value in less than a year. Salvadorans having used the U.S. dollar for 21 years, and h…

I was visiting a place while a mild earthquake. It didn't cause any damage, but it took many locals by surprise, as it didn't take place in a seismic country. Naturally the mobile …

Yup. El Salvador started importing dollar coins around 2012 in order to reduce currency substitution costs.

> Expiring money seems patently absurd so why a central bank would consider it seems so outlandish to me at least. Some countries, like Costa Rica, do this with cash, but with a mu…

> (El Salvador has independent media critical of the gov't, for example https://elfaro.net/ ) We did for a long time, but availability of independent media is declining. Some month…

It’s doable from my region, but it has to be done via a partner company that upsells additional services during the onboarding process. If I recall correctly there is a fee for cre…

Some of El Salvador tax policies are friendly for corporations. But for wages, income above 27000/y gets taxed at 30%.

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