Skip to main content

El Salvador will become the first country in the world to implement Bitcoin as legal tender, but this has caused a sector of the population to disagree with this decision, since these decisions were taken only by President Bukele and had no political opposition.These dictatorial measures were the cause of many criticisms from different specialists in these issues such as Mario Gomez who participated in a television program giving a technical criticism that Bitcoin as a law was not a good idea for many problems that could be generated in the near future, these criticisms made the government of El Salvador began an immediate persecution of Mario, sending immediately arrest without any prior charge.

We are facing a dilemma, because although we know that Bitcoin was born to give us freedom, this technology in the wrong hands can be used to control us, since most cryptocurrencies run under a fully transparent blockchain and this does not provide us with a privacy advantage for the assets of each citizen, just to mention one of the problems.

This is the first experiment at the government level, which could be a bit contradictory, given Satoshi Nakamoto's ideas; only time will tell if it was a liberation measure or a new way to control people.

MakersPlace collection image

On MakersPlace, users can create, discover, sell, and collect truly unique and authentic digital art. The team is passionate about the way blockchain technology is transforming our understanding of digital ownership and champions creativity in the growing crypto art community. Trade all MakersPlace NFTs right here on OpenSea.

Category Art
Contract Address0x2963...e6d1
Token ID2454
Token StandardERC-721
ChainEthereum
Creator Earnings
10%

Bitcoin Dictatorship

visibility
28 views
  • Price
    USD Price
    Quantity
    Expiration
    From
  • Price
    USD Price
    Quantity
    Floor Difference
    Expiration
    From
keyboard_arrow_down
Event
Price
From
To
Date

Bitcoin Dictatorship

visibility
28 views
  • Price
    USD Price
    Quantity
    Expiration
    From
  • Price
    USD Price
    Quantity
    Floor Difference
    Expiration
    From

El Salvador will become the first country in the world to implement Bitcoin as legal tender, but this has caused a sector of the population to disagree with this decision, since these decisions were taken only by President Bukele and had no political opposition.These dictatorial measures were the cause of many criticisms from different specialists in these issues such as Mario Gomez who participated in a television program giving a technical criticism that Bitcoin as a law was not a good idea for many problems that could be generated in the near future, these criticisms made the government of El Salvador began an immediate persecution of Mario, sending immediately arrest without any prior charge.

We are facing a dilemma, because although we know that Bitcoin was born to give us freedom, this technology in the wrong hands can be used to control us, since most cryptocurrencies run under a fully transparent blockchain and this does not provide us with a privacy advantage for the assets of each citizen, just to mention one of the problems.

This is the first experiment at the government level, which could be a bit contradictory, given Satoshi Nakamoto's ideas; only time will tell if it was a liberation measure or a new way to control people.

MakersPlace collection image

On MakersPlace, users can create, discover, sell, and collect truly unique and authentic digital art. The team is passionate about the way blockchain technology is transforming our understanding of digital ownership and champions creativity in the growing crypto art community. Trade all MakersPlace NFTs right here on OpenSea.

Category Art
Contract Address0x2963...e6d1
Token ID2454
Token StandardERC-721
ChainEthereum
Creator Earnings
10%
keyboard_arrow_down
Event
Price
From
To
Date