Nostr Web Client

Replying to

Alan ₿

Been listening to Balajis’ rationale for his $1M bet.

Agree with him on everything other than the timeline.

He has 3 pieces of advice:

1. Buy Bitcoin

2. Take coins off exchange

3. Move to a “crypto friendly jurisdiction”

A bit torn on his third piece of advice. On the one hand, yes, it might be easier for us all to move to El Salvador or Texas.

On the other hand, if enough Bitcoiners stay in their home jurisdiction and push for individual liberties there, we may have a better chance at Bitcoin winning worldwide, rather than just in a few isolated areas.

Open to any thoughts you all may have on this…

Sivar 🇸🇻🌋⚡️ 2y ago

The thing is, places and leadership like in El Salvador are making the choice of staying for many even more difficult. It is not only Bitcoin been legal-tender or a free-tax paradise, but also the infrastructure, tourism, zero criminality (about to become the safest in the America Continent), food, people and weather.

I honestly do not see other places offering what El Salvador is doing under President Bukele’s leadership, at least in the short-run.

I bet you guys can help me out confirming this as you have experience this first hand.

#[2] #[3] #[4] #[5] #[6] #[7]#[8] #[9]

Reply to this note

Please Login to reply.

Discussion

Sandy 2y ago

I fully agree, they make my work as a tourist guide more profitable by having more security knowing that we are now one of the safest countries in all of America and that you can live without fiat in El Salvador.

#[0]

njelsalvador 2y ago

Everyone has their purpose and priorities.

Uprooting is not for everyone. It worked well for us. And our personal Bitcoin experience here is significantly better than if we stayed in NZ.

I don’t recommend anyone come here. People need to follow their WHY.

Building sovereignty, health, wealth can be done where we are. And these practices and sharing of knowledge are the important parts.

Balaji statement might cause more “tourists” to turn up. Which I’m not as interested in. The current level of person that comes due to the filter has kept quality high.