Damus
Jeff Booth profile picture
Jeff Booth
@Jeff Booth
Incredible trip to El Salvador to meet Bukele and see for myself what has changed since last time I was there.

I think most that follow me, know where I stand on #bitcoin. That, as long as it stays decentralized and secure (which means it must be used as a medium of exchange) it is IMPOSING the first global free market that has ever existed. A competitive, yet cooperative protocol and network that forces abundance broadly. We are both the map and territory - our actions within it, and aligned to it, strengthen and protect Bitcoin, bringing more people to it and they each, in turn grow in their own understanding - which in turn strengthens it further. We are bitcoin, we are Satoshi. Each node (us) of sovereignty adding our voice, time, energy into something that changes the course of history.

Because that map of “what will be, or “what already is” (as long as it remains decentralized and secure) has never existed before, our minds have a hard time with it. So instead, most revert to measuring #bitcoin from within the system they have always known. This leads to most of the fights within bitcoin. People far deeper down the rabbit hole, versus those just entering or choosing to remain trapped (and not being able to yet see the bigger picture)
You can imagine - that change would be chaotic because the change……is the change within each of us. All 8 billion of us, and we often can’t see our own hypocrisy, the lies we tell ourselves. Etc etc. In addition, with over 3000 years of us living in a zero sum game - where someone else had to lose for us to win. So for many, it would seem normal to play by the rules of the old game.

This is why I went to El Salvador. I went to meet the President and see for myself who he was and what choices he might make along the way. Ie - how deep was he down the rabbit hole? Did he see El Salvador and himself as part of system change to a global free market that would permeate around the world - or would he be a pawn and be captured in a game that created imperialism 3.0? It was a very deep discussion…..lasting almost 2.5 hours. I came away convinced that he gets it. Moreover, he might be the most impressive leader of a country I have ever seen. Said to me, more people in El Salvador need to be in self custody, more need to use it as a currency, not in stablecoin but natively on lightning, more in non custodial. He understands the larger forces at play here.

El Salvador is still Bitcoin country, but is still early. Having a nation with security is a big deal. 50 years of poverty, gangs, wars, fear in a society doesn’t change overnight. (All of that caused by broken money and psyops)
It takes time to rebuild trust. I was last here the day after all the gang violence (coincidentally starting after introducing Bitcoin as legal tender)
Huge changes since I was last here, not only safer, but hopeful. That hope will lead to opportunity for people, and that opportunity to value creation. The downtown core in San Salvador, previously one of the most dangerous places in Central America is feels a like a European city with thousands out walking. Cool Social houses (Video below) shops everywhere with the hustle and bustle of people and opportunities. Bitcoin isn’t yet used broadly, but making inroads. I spent in it almost everywhere - but you could tell - bitcoin transactions are fairly rare.

Lots more to do, and big plans underway. Stay tuned!!!

And a huge thanks to Max and @Stacy Herbert for all their work in El Salvador and in helping make this a fantastic trip.

What a time to be alive!



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nybe · 45w
Any chance you can him to lighten up on the imprisoning innocents shit?
Ben Weeks ⚡ · 45w
Nice work. Glad to hear about pushing self-custody and that he gets the big picture and more than just great marketing. Did you also get to ask the tricky questions too about the IMF deal and the ability for El Salvador to buy Bitcoin (vs "add" as the terminology used in their posts) and the legal ...
nybe · 45w
https://youtu.be/yV3B9h2amjU
Menno Reitse Bouma · 45w
Nice to follow, thanks for sharing! Out of curiosity: "as long as it stays decentralized and secure (which means it must be used as a medium of exchange)" is a pretty important assumption. What makes you confident that will actually happen? Perhaps the faith that in the end, most people are not st...
Otto Kalvo · 45w
Thank you for your importantisdion, from Norway;)
Turtlesallthewaydown⚡️ · 45w
https://video.nostr.build/5f2c088159760d9989ea8f5a7e031db940851a144d281f827537cd1a8551cedc.mp4
The Awakening · 45w
I had to go back and re-read a few times the paragraph with: “… most revert to measuring #bitcoin from within the system they have always known. This leads to most of the fights within bitcoin. … The fights within the Bitcoin community have bothered me. Some I understand, some I don’t. Eve...
ralphstriewski · 45w
Incredibile, nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpzdmhxw309akx7cmpd35x7um58g6rsd3eqy28wumn8ghj7ct9va5hxtn4w3ux7tn0dejsgxtdrz ! Creating the new system with people who share the same values! What a time to be alive!
Paula · 45w
That must have been an amazing experience and conversation Jeff 💫
Paula · 45w
What are your thoughts on Bitcoin Core?
Akamaister · 44w
I would really love to go there and discover first hand what you are describing.
Akamaister · 44w
This is great would love to go there and check it out
Bitcoineros del Occidente de El Salvador · 44w
Fan'sat'ic to have you come by, Jeff! And yes, the Salvadoran Bitcoin grassroots infrastructure is being built node by node, ATM by ATM, sat by sat, in several local Circular Economies (among which La Laguna [Chalatenango] and Apaneca [Ahuachapán] are the most recent ones. It's also excellent to h...
Bitcoin Dawg · 44w
Great post. Awesome to hear your perspective on this and so cool to see the positive externalities of Bitcoin coming to life there. Onward and upward. 👊
Felipe · 44w
You leave such good impression on me, Jeff. Thanks for sharing
Bitcoin Only · 44w
Best post I’ve read in while ❤️
mattaroo · 44w
Love you Jeff. Thank you for all you do!!!
STACI · 43w
🤗👀
Mazeman · 40w
Very nice! I'd love to visit soon. Was that bar/pool hall in San Salvador or Bitcoin Beach?
BitTasker · 35w
We started building nostr:nprofile1qqstfk89k9ef8rqcfzc7knrhczwtujkdvl9mw9l3gazskc9evxjlpkqpr3mhxue69uhkymmnw3ezucnfw33k76tww3ux76m09e3k7mgpp4mhxue69uhkummn9ekx7mq3eu3yq shortly after reading this post so thank you nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpzdmhxw309akx7cm...
Rusty__Tillery · 31w
What an amazing group of people! 4 thought leaders so far into the future! Love seeing this nostr:npub1pq2ll9l7qdmxsfqyrd5w9gul8c7ftqy9yepcqvc8a2l2ys9zhd6sk42rew nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe along with Max and President Bukele!