El Salvador to airdrop $30 in Bitcoin to up to 6M citizens

#1

Post by lowkey » Fri, Jun 25, 2021, 8:31 AM UTC

El Salvador to airdrop $30 in Bitcoin to up to 6M citizens
finance.yahoo.com

Re: El Salvador to airdrop $30 in Bitcoin to up to 6M citizens

#2

Post by simonebrunozzi » Fri, Jun 25, 2021, 8:57 AM UTC

This is a really good move. It will "force" people to setup wallets, study how it works, etc.

Re: El Salvador to airdrop $30 in Bitcoin to up to 6M citizens

#3

Post by NicoJuicy » Fri, Jun 25, 2021, 9:01 AM UTC

simonebrunozzi wrote: post #2

This is a really good move. It will "force" people to setup wallets, study how it works, etc.

It is, if you want to receive business for money laundering and want to obfuscate it by using civilians.

I don't see another reason to go down this path...

Re: El Salvador to airdrop $30 in Bitcoin to up to 6M citizens

#4

Post by WinstonSmith84 » Fri, Jun 25, 2021, 9:05 AM UTC

NicoJuicy wrote: post #3

simonebrunozzi wrote: post #2

This is a really good move. It will "force" people to setup wallets, study how it works, etc.

It is, if you want to receive business for money laundering and want to obfuscate it by using civilians. I don't see another reason to go down this path...

Like the OP said, it will force their citizen to understand how it works. One can speculate that the average Salvadorian will understand more about Bitcoin than the average HN reader.

Re: El Salvador to airdrop $30 in Bitcoin to up to 6M citizens

#5

Post by chedine » Fri, Jun 25, 2021, 9:06 AM UTC

WinstonSmith84 wrote: post #4

NicoJuicy wrote: post #3

Earlier quoted context omitted.

It is, if you want to receive business for money laundering and want to obfuscate it by using civilians. I don't see another reason to go down this path...

Like the OP said, it will force their citizen to understand how it works. One can speculate that the average Salvadorian will understand more about Bitcoin than the average HN reader.

Average HN is a salty nocoiner.

Re: El Salvador to airdrop $30 in Bitcoin to up to 6M citizens

#6

Post by zenincognito » Fri, Jun 25, 2021, 9:11 AM UTC

chedine wrote: post #5

WinstonSmith84 wrote: post #4

Earlier quoted context omitted.

Like the OP said, it will force their citizen to understand how it works. One can speculate that the average Salvadorian will understand more about Bitcoin than the average HN reader.

Average HN is a salty nocoiner.

Thats a gross generalisation. One would think, that average HNer would be a coiner because of their background.

Re: El Salvador to airdrop $30 in Bitcoin to up to 6M citizens

#7

Post by emptyfile » Fri, Jun 25, 2021, 9:14 AM UTC

A small developing country with little industry, high inequality and some of the worst murder rates in world decides to spend their very limited money and attention on populist nonsense like this.

I guess the gangs will appreciate it?

Re: El Salvador to airdrop $30 in Bitcoin to up to 6M citizens

#8

Post by chinathrow » Fri, Jun 25, 2021, 9:17 AM UTC

zenincognito wrote: post #6

chedine wrote: post #5

Earlier quoted context omitted.

Average HN is a salty nocoiner.

Thats a gross generalisation. One would think, that average HNer would be a coiner because of their background.

Why would I be a coiner? Bitcoin is still wasteful as fuck.

Re: El Salvador to airdrop $30 in Bitcoin to up to 6M citizens

#9

Post by reilly3000 » Fri, Jun 25, 2021, 9:17 AM UTC

I shudder to think of the transaction fees for sending money to 6M wallets.

Re: El Salvador to airdrop $30 in Bitcoin to up to 6M citizens

#10

Post by eur00t » Fri, Jun 25, 2021, 9:18 AM UTC

chedine wrote: post #5

WinstonSmith84 wrote: post #4

Earlier quoted context omitted.

Like the OP said, it will force their citizen to understand how it works. One can speculate that the average Salvadorian will understand more about Bitcoin than the average HN reader.

Average HN is a salty nocoiner.

I notice that hn largely ignores blockchain tech. It almost feels luddite.