The president of El Salvador has wanted to cover a lot and have control of everything related to the bitcoin environment, ATMs, wallets when he should have been a "orchestra director" and not wanting to play all the instruments.
That is objectionable but not definitive as a big mistake!
Now, that is not a reason for this outcome, so it is a montage of those who oppose the president not bitcoin because in reality the people who in the long run is the one who can truly stalk has the Salvadoran government in great acceptance, this president represents a social, economic and political change for El Salvador.
You have to go through its political history a bit to be able to criticize its present
and consequently the current president. El Salvador is one of those politically complex countries. To sum it up, these social excesses are the consequence manipulated by major political adversaries, this also includes bureaucratic mafias that have taken advantage of economic and political power for decades.
Anyway contrasting the current situation we can go to 2001.
This occurred at 2001 when the dollar became a legal currency:
translation of the source1Do I pay you in dollars or in colonesFiat? 'a Salvadoran asks the cashier. "Better in colones because I still don't understand anything about dollars," cashier replies.
source: https://elpais.com/diario/2001/01/03/internacional/978476403_850215.htmlThen they add this:
translation of the source2...a majority fear dollarization will only "benefit the rich"
source: https://elpais.com/diario/2001/01/03/internacional/978476403_850215.htmlIn reference to ATMs:
translation of the source3Hotels, restaurants... already have ads that inform about prices in the two legal tender currencies, and ATMs only allow withdrawals dollars.
source: https://elpais.com/diario/2001/01/03/internacional/978476403_850215.htmlAnd a politician of the government:
translation of the source4'The dollar is with us and it is here to stay
Juan José Daboud, technical secretary of the presidency.
source: https://elpais.com/diario/2001/01/03/internacional/978476403_850215.htmlSo...Things are not very different today ... the current reality is that there is a president who is imprisoning the corrupt and has stood up to the banks, businessmen, although it is true that he is exceeding "democratic" limits. And that it is going through authoritarian dyes, yes, it is in a gray area, but for now only story is who can judge him, if it was a true democrat or a sad hope "again" for the Salvadoran people and for all region.
And as always bitcoin is only a small part of all this, and in fact it is neither cause nor effect.
By the way this article appeared in the printed edition of the newspaper "El pais" (Spain)
This article appeared in print on Tuesday, January 2, 2001.
Site : elpais.com
Source all Quotes:https://elpais.com/diario/2001/01/03/internacional/978476403_850215.htmlSources in their original language:
[1]
'¿Le pago en dólares o en colones?', pregunta un ciudadano a una cajera. 'Mejor en colones porque todavía no entiendo nada de dólares', responde ésta.
[2]
... una mayoría teme que sólo 'beneficiará a los ricos'
source:
[3]
Hoteles, restaurantes, gasolineras y comercios cuentan ya con rótulos que informan de los precios en las dos monedas de curso legal, y los cajeros automáticos sólo entregan dólares.
[4]
"'El dólar está con nosotros y llegó para quedarse"
Juan José Daboud, secretario técnico de la presidencia, artífice de la ley de dolarización.