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El Salvador | What a Bitcoin Dictatorship

Should we celebrate El Salvador for adopting Bitcoin as a legal tender? Its transparent blockchain might enable financial surveillance on a massive scale. Support me through Patreon: https://www.patreon.com/thehatedone - or donate anonymously: Monero: 84DYxU8rPzQ88SxQqBF6VBNfPU9c5sjDXfTC1wXkgzWJfVMQ9zjAULL6rd11ASRGpxD1w6jQrMtqAGkkqiid5ef7QDroTPp Bitcoin: 1FuKzwa5LWR2xn49HqEPzS4PhTMxiRq689 Ethereum: 0x6aD936198f8758279C2C153f84C379a35865FE0F El Salvador is on the verge of a historic change. The country now led by a social media crafty 39-year-old millennial is rewriting its history. While until now, El Salvador has been most well-known for its endless struggles with gang wars, it may soon become a Central American hub for digital revolution of the blockchain technology. From September this year, every business in El Salvador will have to accept bitcoin as a payment method. But will this actually deliver Salvadorans on the Bitcoin’s promise of financial freedom? Or will El Salvador’s president use Bitcoin to prop up his regime? Sources El Salvador approves Bitcoi as a legal tendern: https://www.reuters.com/world/americas/el-salvador-approves-first-law-bitcoin-legal-tender-2021-06-09/ https://www.reuters.com/technology/el-salvador-presidents-bitcoin-push-casts-shadow-over-imf-efforts-2021-06-07/ https://www.nytimes.com/2021/06/09/world/americas/salvador-bitcoin.html https://arstechnica.com/tech-policy/2021/06/bitcoin-now-legal-tender-in-el-salvador-first-nation-to-adopt-cryptocurrency/ Bitcoin mining: https://www.reuters.com/technology/el-savador-exploring-volcanic-bitcoin-mining-bukele-says-2021-06-09/ https://www.coindesk.com/volcano-powered-bitcoin-mining-goes-from-twitter-idea-to-state-policy-in-el-salvador El Salvador Britannica https://www.britannica.com/place/El-Salvador https://www.britannica.com/place/El-Salvador/Economy CIA on El Salvador https://www.cia.gov/the-world-factbook/countries/el-salvador/ El Salvador World Bank overview: https://www.worldbank.org/en/country/elsalvador/overview El Salvador GDP https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?end=2019&locations=SV&start=1966&view=chart Unbanked Salvadorans: https://globalfindex.worldbank.org/sites/globalfindex/files/chapters/2017%20Findex%20full%20report_chapter2.pdf Countries by remittance revenue: https://www.worldbank.org/en/topic/migrationremittancesdiasporaissues/brief/migration-remittances-data Homicide rates: https://insightcrime.org/news/analysis/2020-homicide-round-up/ https://insightcrime.org/news/analysis/homicide-drop-el-salvador/ https://dataunodc.un.org/data/homicide/Homicide%20rate%20by%20sex El Salvador pandemic response https://apnews.com/article/san-salvador-coronavirus-pandemic-el-salvador-1623416c0ddc7aa238911f8a422b6c8b Human rights abuses: https://www.hrw.org/news/2020/04/15/el-salvador-police-abuses-covid-19-response Nayib Bukele path to rule and how it threatens democracy in El Salvador https://news.yahoo.com/el-salvadors-fa-ade-democracy-121836174.html https://foreignpolicy.com/2021/05/12/central-america-rule-of-law-under-attack-el-salvador-nicaragua-guatemala-honduras/ https://www.aljazeera.com/news/2021/3/8/how-nayib-bukele-won-over-voters-unlikely-place https://www.aljazeera.com/news/2021/2/27/el-salvador-elections-president-bukele-set-to-gain-more-control https://www.latimes.com/world-nation/story/2021-05-16/nayib-bukele-the-most-popular-president-in-the-world-is-a-man-with-one-ideology-power https://www.latimes.com/world-nation/story/2020-02-28/el-salvadors-bukele-reformer-or-autocrat https://www.bloomberg.com/news/articles/2021-05-05/el-salvador-s-bukele-defends-firing-attorney-general-top-judges Gangs in El Salvador https://www.theguardian.com/world/2019/nov/22/el-salvador-a-nation-held-hostage-a-photo-essay Credits Music by: CO.AG Music https://www.youtube.com/channel/UCcavSftXHgxLBWwLDm_bNvA Follow me: https://twitter.com/The_HatedOne_ https://www.bitchute.com/TheHatedOne/ https://www.reddit.com/r/thehatedone/ https://www.minds.com/The_HatedOne The footage and images featured in the video were for critical analysis, commentary and parody, which are protected under the Fair Use laws of the United States Copyright act of 1976.