STAT Price

If you think El Salvador hurt its people at all by buying BTC; Congrats, elite propaganda works on you.

<!-- SC_OFF --><div class="md"><p>Unless you have been living under a rock, you've probably read some Forbes or other paid promo article that vilified El Salvador for making BTC legal tender and holding (or losing, depending what article you read) ~$50M in BTC during the recent bear market decent.</p> <p>Just to be clear, if you believe ES is in bad shape from BTC in any shape or form, you've been duped by the banking elite and you should stop helping the elite taint BTC through propaganda. There are no opinions in here so downvote and hate all you want. Only proves my point further. </p> <p>Firstly of all, El Salvador GDP skyrocketed over 10% annually to $28B recently after a massive influx of tourism and other monetary gains last year. ES has not sold any BTC but let's just say for the sake of argument that they did and lost $50M outright, all 50 mil. </p> <p>$50M is literally only 0.02% of their GDP. Zero point zero two percent. Lol Clearly this hypothetical loss would not affect the country in any way. Not to mention it is not true because ES hasn't sold anything and hasn't taken any losses whatsoever. </p> <p>Before Nayib Bukele became president, ES had $37B stolen from its people from corruptions and was pretty much the murder capital of the world. It was one of poorest and corrupt countries in exsistance.</p> <p>Where was the out cry for the people then??? Where are the news articles about this bounce back from the low? Nowhere, because there was no chips in the game for IMF or other elite banking entities back then. Only now that its a poster child for BTC. Let that sink in. </p> <p>Now, violent crime is down 95%, revenue is up billions, and the country's presidential approval rating is close to 80% (what's your presidents approval rating in your country??). Eighty percent!!! That's right. Ask someone who lives there if you don't believe the many many polls. There are no claims BTC is responsible for all of the improvements, so don't get confused. </p> <p>Its just pretty ironic now (or not ironical at all if you think twice) that after all the murderous years of corruption and people suffering have turned into a huge approval from citizens that we have all these finacial "experts" calling this country to our attention to service their BTC agenda and literal propaganda campaign. It's ranked #1 in financial risk globally. Number one!!! That couldn't be more false and is really a blatant stat meant to do one thing, vilify BTC and the country that first adopted it. </p> <p>BTW, these numbers are all public and accessible if you have any doubts. </p> <p>So, the next time someone tries to tell you BTC caused harm in El Salvador, understand that PROPAGANDA WORKS on people who are dumb enough to believe whatever makes them feel validated, but this could not be further from the truth. </p> <p>I don't support Nayib, and this isn't to call him a genius etc., as much as it is just to point out other's stupidity that spreads these completely false rumors. Rumors that can literally be shot to pieces by using simple, publicly accessible information. </p> <p>Research safely and mind the idiots who actually believe this shit. </p> <p>(Also, this post was removed from CC 15 min after being posted because it made too many BTC posts in the top 50)</p> </div><!-- SC_ON -->   submitted by   <a href="https://www.reddit.com/user/JerryLeeDog"> /u/JerryLeeDog </a> <br/> <span><a href="https://www.reddit.com/r/Bitcoin/comments/z1br1e/if_you_think_el_salvador_hurt_its_people_at_all/">[link]</a></span>   <span><a href="https://www.reddit.com/r/Bitcoin/comments/z1br1e/if_you_think_el_salvador_hurt_its_people_at_all/">[comments]</a></span>