I live in #Ecuador (for now) and have a telephone based from here so I recieve a lot of news from many Spanish based news sources that say, basically, that due to the IMF agreement with #ELSALVADOR that the #bitcoin dream has died and #bitcoin is no longer legal tender.
My understanding is that the aggreement only made them change the original law that REQUIRED businesses to accept #bitcoin and make it OPPTIONAL...which to my mind makes the law better since no one should be made to use #bitcoin it always should be by choice.
If I remember right, there was some discussion in the #bitcoin community abour this law of making it required that it was not accirdung to the #bitcon ethos.
I think the only other change was that you can't pay you taxes in #bitcoin. Which yo me is a stupid idea anyway...why eould I want to use the best money in the world to pay taxes...better to use the other trash for this purpose.
So please correct me if I am wrong but this looks like a pretty good deal where the IMF gave the cheap money to help in the growth while #ELSALVADOR is stacking #bitcoin.
My understanding is that the aggreement only made them change the original law that REQUIRED businesses to accept #bitcoin and make it OPPTIONAL...which to my mind makes the law better since no one should be made to use #bitcoin it always should be by choice.
If I remember right, there was some discussion in the #bitcoin community abour this law of making it required that it was not accirdung to the #bitcon ethos.
I think the only other change was that you can't pay you taxes in #bitcoin. Which yo me is a stupid idea anyway...why eould I want to use the best money in the world to pay taxes...better to use the other trash for this purpose.
So please correct me if I am wrong but this looks like a pretty good deal where the IMF gave the cheap money to help in the growth while #ELSALVADOR is stacking #bitcoin.
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