Jason Deane Profile picture
Analyst @QE4Everyone | Consultant @lunoglobal | Author https://t.co/hsMDkzr0E7 | #Bitcoin Miner | Speaker | Dad | Top Writer #Medium | Follow for #Bitcoin #Economics
Hakan Profile picture 1 subscribed
Sep 6, 2021 5 tweets 3 min read
(1/5) I'm really concerned about this "buy $30 of #bitcoin" on 7th September idea for #ElSalvador. Sentiment is bang on, but the practical effects are likely to be the opposite intended. (thread 👇) @MatiGreenspan @mattysats @QE4Everyone (2/5) Only the $30 voucher is issued from 7th, later converted to #bitcoin by citizens using the government app Chivo, which not everyone has yet. Increasing the price (if even achievable) will simply reduces the amount of #bitcoin each citizen gets as they gradually move over.