[ARCHIVED] Jay @[ARCHIVED] Jay - 9mo
My take on El Salvador is that Bukele fought a war to take back his country back from invaders. He locked up the invading soldiers as prisoners of war. And he adopted Bitcoin as the country's money to prevent further invasions. This is how Bitcoin is used as proof of power and a weapon of war. An ethereal, non-lethal weapon will act nothing like a physical, lethal weapon, but it will be just as effective. #bitcoin #softwar
I actually do endorse the way Bukele handled the gang problem, which was really a parallel state problem, which was really an act of war to invade and take over the country and its resources. The first step was to get the country into debt to the IMF. Second, extract resources by stealing the wealth of its citizens. Third, recruit the impoverished citizens into gangs to build a shadow state and run the country using this indirect shadow dictatorship. Since the root problem was caused by fiat-powered wealth extraction, the root solution is Bitcoin-powered wealth retention, and Bukele recognized that. Making Bitcoin legal tender was the key to winning the war by making his enemies powerless. Imprisoning gang members and restructuring the government is just taking out the trash.
[ARCHIVED] Jay @[ARCHIVED] Jay - 8mo
Maybe with their society improving so much after the Bitcoin law, they have a real chance at rehabilitating those men and giving them their first opportunity to build stable, productive lives on a Bitcoin standard.
No, they're still in "anti-gang emergency decree" mode. https://apnews.com/article/el-salvador-gang-crackdown-emergency-decree-154d50d40d1f2a46a48b6880624df141
Yes, to lock up literal terrorists who enforced a living hell in the country. They get a lot of heat because you're only supposed to lock up fake terrorists like marijuana users. Emergency decrees shouldn't be used in real emergencies. Actually fighting back is against the rules.
