36 Burst results for "El Salvador"

Fresh update on "el salvador" discussed on Asian America: The Ken Fong Podcast

Asian America: The Ken Fong Podcast

00:54 min | 18 hrs ago

Fresh update on "el salvador" discussed on Asian America: The Ken Fong Podcast

"And it fosters, it's just goes, it's so antithetical to what we say we believe. You see, that's the problem. We say we believe that God is truth. Jesus is the way the truth and the life. And then we'll say in one way or the other, don't you tell the truth. And so I started getting ticked with that. But I met a bishop of the baptist church. Now I won't go into and I won't call his name, but this bishop, I had my own stereotypes about baptist black bishops. And this guy kind of fit the stereotype for me while he was talking, right? And then he told me about this trip he had taken to El Salvador. He was a part of a delegation from the United States to go to El Salvador because trans people were being murdered without consequence in this country. And supposedly, those of us from the United States, we're going as a delegation for human rights, right? So we're going to go, we're sending people over there. Like, we do watch foreboding fraud, lord have mercy. 'cause we got it all together. We got it all together. So we're going over there to check on you all to see what we can help you figure out about trans people being killed in your country. He said that he was standing outside of church and a trans woman was outside with tears rolling down her face. And she looked at him and she said, don't I have a right to know God like everybody else. They won't even let me come in the church. Don't I have a right to know God like everybody else? And that day two things happen. Hearing him tell that story publicly and how it broke his heart and made him come back to the United States and question everything that he liked begun to believe about sexuality. He could no longer put people in boxes the way he had prior. And it got him in big trouble because he was a big ship in the back this denomination. Yeah. And so when he started saying these things publicly, people began to come against him, but he knew because he had gotten proximate to someone for real. This is no longer a news headline. This is a human being standing outside a church saying, don't I have the right to know God too? Of course, of course, and it was hard for him to reconcile that. That put him on a journey of asking me questions. And so hearing him share that, we happen to even look at my stereotype about him. And then having to say even this older man than I am is grappling with new truth with complexity. And I believe it's that kind of stuff that we need to see happening more and more in the church and outside the church. In just a moment, I want you to share some of your own personal stories. Here's an observation that I've been able to make. And it's not research. It's an observation that when I talk to my African American brothers and sisters, a lot of times they get offended when I say, well, look, you went through the whole civil rights thing. You know what it's like to be oppressed and denied your full humanity. Well, then I would think you would be the first group of people to want to apply that to the LGBTQ people. And they very quickly say, no, no, no, no. We didn't choose to be black. They choose to be queer. Yeah, I've heard it too. So that's immorality, and we're biology. One of our old professors in practical theology, doctor ray Anderson, from fuller, brilliant man. One of the things he pointed out in one of his little known essays is that we all don't start with the same theology of what it means to be human made in the image of God. And he says, a lot of us, they say, oh, you know, our sexuality, our maleness and femaleness is a huge part of who God is. And he says, no, there's a minority of Christians, historically, who say, oh no, we are fully made in the image of God before race and gender and sexuality, like God is not a gendered being. As we're careful to use the correct non gendered pronouns here. But he says, so when you then experience sexuality and gender identity along with race and what have you, that is all part of just kind of living out kind of when you talk about the divine mandate. That's all part of showing this incredible diversity that makes up God. What Anderson would argue is that were you start in your theology of what it means to be human, actually determines kind of and I feel like not just my African American counterparts, but a lot of conservative Christians, they say, oh no, you know, to be male and female and straight, that's part of being made in the image of God. And I'm like, okay, but those of us who've been on this journey and we now have been brought up to be confronted by how we haven't been treating everybody as having the same worth being made in the image of God, realize, oh, I think at its base, I have the wrong theology. So sometimes, well, you know, again, I just welcome you to our historically white church. You're my brother in Christ. I've heard your testimony. Just so you know though, we believe that God's white got reasonably white people. And then because of sin, we have all the other races. So we will never celebrate your not being white here. We will tolerate it, but you can't be in leadership. You can't be in the pulpit. You can't do blah blah blah blah blah. When I talk to fellow Christians of color, I'll go, you're telling me with a straight face that you would be cool going to that church. When they're saying who you are in your essence, is because of sin. I love poking my African American Christian friends going, you know what? You're just a thought change away like this bishop from realizing that you've changed theologies when it doesn't really impact you negatively. You to talk about when you stood up for one of your colleagues who was a campus chaplain. Judy, pastor, Judy, Howard Peterson. She's beautiful. She's wonderful. She's giving me permission to tell the story. So she is in the book and she checked the story before I published it. And we're still Friends today. I'll probably talk to her later on this weekend. So here's what I tell you about, Judy. The evangelical covenant church, how I got in the covenant church, 'cause I am truthfully a Pentecostal. That's who I really am. But I grew up in this little small little.

El Salvador United States Baptist Church Ray Anderson Fuller White Church Anderson Judy Howard Peterson Covenant Church Evangelical Covenant Church
Addressing the Urgent Border Crisis With Todd Bensman

America First with Sebastian Gorka Podcast

02:00 min | 3 weeks ago

Addressing the Urgent Border Crisis With Todd Bensman

"All right, let's connect with Todd bensman. Are you there, Todd? Here, thanks for having me. All right, we were struggling there with the technology, but we reached out to you finally. We need an update. We're talking to the author of Jihad, the covert border war. Todd, what's the latest? Talk to us about this caravan, what the Mexican government is or is not doing and the status of title 42? Sure. Well, let's start with the actual border. A judge out of Louisiana as we know stayed the pushback policy kept it in place, the Biden administration responded to that by poking so many exemptions in it that it might as well be gone. The exemptions that they poked in it are for South Americans, middle easterners, Asians, people from all over the world from any country in the world, except for Honduras, Guatemala, and El Salvador and Mexico. But everybody else gets to the border and within 72 hours they have legal documents and they're on buses, Greyhound and charter buses and American Airlines flights. They pay the tickets to any city in the country. So it gets a document, gets a plane ticket, and they get to choose where they go, correct? That's correct. And that operation is going on 7 days a week, all day long. Right now, all along the Texas border with those nationalities, so it's important to know that those are the nationalities that are getting exempted from 42 and as a result, this caravan that has formed this massive caravan that poor was made up almost entirely of guess what. Those nationalities.

Todd Bensman Mexican Government Todd Biden Administration Jihad Louisiana El Salvador Honduras Guatemala Greyhound American Airlines Mexico Texas
"el salvador" Discussed on Slate's If Then

Slate's If Then

07:13 min | Last month

"el salvador" Discussed on Slate's If Then

"There had to be a more productive way to get through the daily hustle. Click up is the one tool to house all your tasks, projects, docs, goals, spreadsheets, and more. Click up is built for teams from one to 1000 plus. It's packed with features and customization options that no other productivity tool has. So you can work the way you work best. Whether you're in project management, engineering, sales, marketing, or HR, click up has easy to use solutions that create a more efficient work environment. Join the more than 800,000 highly productive teams using click up today. Use code TBD to get 15% off, click ups massive, unlimited plan for a year, meaning you can start reclaiming your time for under $5 a month. Sign up today and click up dot com and use code TBD. Hurry this offer ensued. Unlike a lot of other countries, El Salvador doesn't have its own currency. It uses the U.S. dollar. It has for 20 years. Although now, of course, people can use Bitcoin. This means the government can't do what other countries sometimes do to get out of a sticky economic situation, which is print money. So bukele seems to have doubled down on risky assets. Both hoping that the value of Bitcoin will rise and make the country some money and trying to offer an exotic bond to international buyers. The bond is supposed to raise a $1 billion and be backed by Bitcoin. But so far, it hasn't happened. The bond was supposed to be available for sale at the beginning of this year. It's been pushed back now multiple times, then it was February, then it was March. It still hasn't been available for sale. But basically, people are able to buy into this Bitcoin Bond. And probably the people who are going to be buying this are the typical Bitcoin crowd. But basically the money raised by this is supposed to go into building this Bitcoin city, which is going to be in eastern El Salvador. And part of it's going to go to that and then part of it is going to go back into investing in Bitcoin with the idea that the value is going to go up in time. And it's going to be able to pay out to the investors. And then the idea is also that this is partially speculation, but also the finance minister has basically confirmed it that eventually this is a way for the government to take in some money that they're no longer able to get through the IMF and through other multilateral banks because they don't want to lend them money anymore because of the risk, the IMF has basically said, look, you guys are doing something we don't approve of, so no. Basically. When you look at Twitter account, he's still tweeting about Bitcoin promoting a meeting of central bankers who are talking about crypto. Would you say he is still all in on Bitcoin? At least from his from his Twitter account, it seems so I think it's important to note that I think it's part of his personality, you know, he hasn't really back checked on anything since he's become president. So I would be surprised if he backtracked on Bitcoin. It's part of his personality. I would say, is it possible to know how much money El Salvador has lost in its Bitcoin holdings in the current crypto crash? So there are some estimations, but it is difficult to know exactly how much El Salvador has lost. So buca has tweeted when he has bought supposedly Bitcoin with public funds, but all Bitcoin has a public key, so Bitcoin actually is transparent. You should be able to see the public key where El Salvador has bought this Bitcoin and nobody has actually ever seen the public key. So we can't actually be sure how much El Salvador is holding at any given time. We can't actually be sure the exact price that El Salvador bought Bitcoin for. So it's just a guess based on when bukele said he bought it. And of course, since the price literally changes, even throughout the day, it can be a little bit off, but there are some estimations. And I know, I think the latest that I saw was that El Salvador could have lost about $38 million. What does all of this mean for El Salvador's economy and ability to provide services for its citizens? It's not good. I think it's already in a very fragile state. And so I think it just emphasizes that this has been a gamble. This is a gamble that they made and he made it with public funds. And I think that that has been what so many journalists have been trying to focus on in covering this and I think many crypto followers, crypto enthusiasts haven't really understood why many journalists are just being so critical of this, but I think it's just really important to remember it's public funds. And so, you know, elder has so many different problems going on. It's currently under a state of exception after a spike in homicides, which was the result of a break in a gang through between buchele and the MS 13 gang, high rates of poverty, inequality, lots of different issues in El Salvador. And I just think the crypto crash really drives home the point that many salvadorans have been saying for a long time and the issue that they have with this law, which is why do we need this law? When all these other things are happening, why do we need this? And now it puts the country in a more precarious economic situation. And makes it more difficult for them to spend money on what they need to be spending money on. You know, there's been reports that they haven't been able to pay some public employees over the past year and things like that to get a sense of how serious the economic problems are. There is also the possibility of debt default. El Salvador is supposed to make an $800 million bond payment in January. And it's unclear if the country will be able to do that..

El Salvador Bitcoin IMF bukele Twitter buca U.S.
"el salvador" Discussed on The Secret History of the Future

The Secret History of the Future

07:13 min | Last month

"el salvador" Discussed on The Secret History of the Future

"There had to be a more productive way to get through the daily hustle. Click up is the one tool to house all your tasks, projects, docs, goals, spreadsheets, and more. Click up is built for teams from one to 1000 plus. It's packed with features and customization options that no other productivity tool has. So you can work the way you work best. Whether you're in project management, engineering, sales, marketing, or HR, click up has easy to use solutions that create a more efficient work environment. Join the more than 800,000 highly productive teams using click up today. Use code TBD to get 15% off, click ups massive, unlimited plan for a year, meaning you can start reclaiming your time for under $5 a month. Sign up today and click up dot com and use code TBD. Hurry this offer ensued. Unlike a lot of other countries, El Salvador doesn't have its own currency. It uses the U.S. dollar. It has for 20 years. Although now, of course, people can use Bitcoin. This means the government can't do what other countries sometimes do to get out of a sticky economic situation, which is print money. So bukele seems to have doubled down on risky assets. Both hoping that the value of Bitcoin will rise and make the country some money and trying to offer an exotic bond to international buyers. The bond is supposed to raise a $1 billion and be backed by Bitcoin. But so far, it hasn't happened. The bond was supposed to be available for sale at the beginning of this year. It's been pushed back now multiple times, then it was February, then it was March. It still hasn't been available for sale. But basically, people are able to buy into this Bitcoin Bond. And probably the people who are going to be buying this are the typical Bitcoin crowd. But basically the money raised by this is supposed to go into building this Bitcoin city, which is going to be in eastern El Salvador. And part of it's going to go to that and then part of it is going to go back into investing in Bitcoin with the idea that the value is going to go up in time. And it's going to be able to pay out to the investors. And then the idea is also that this is partially speculation, but also the finance minister has basically confirmed it that eventually this is a way for the government to take in some money that they're no longer able to get through the IMF and through other multilateral banks because they don't want to lend them money anymore because of the risk, the IMF has basically said, look, you guys are doing something we don't approve of, so no. Basically. When you look at Twitter account, he's still tweeting about Bitcoin promoting a meeting of central bankers who are talking about crypto. Would you say he is still all in on Bitcoin? At least from his from his Twitter account, it seems so I think it's important to note that I think it's part of his personality, you know, he hasn't really back checked on anything since he's become president. So I would be surprised if he backtracked on Bitcoin. It's part of his personality. I would say, is it possible to know how much money El Salvador has lost in its Bitcoin holdings in the current crypto crash? So there are some estimations, but it is difficult to know exactly how much El Salvador has lost. So buca has tweeted when he has bought supposedly Bitcoin with public funds, but all Bitcoin has a public key, so Bitcoin actually is transparent. You should be able to see the public key where El Salvador has bought this Bitcoin and nobody has actually ever seen the public key. So we can't actually be sure how much El Salvador is holding at any given time. We can't actually be sure the exact price that El Salvador bought Bitcoin for. So it's just a guess based on when bukele said he bought it. And of course, since the price literally changes, even throughout the day, it can be a little bit off, but there are some estimations. And I know, I think the latest that I saw was that El Salvador could have lost about $38 million. What does all of this mean for El Salvador's economy and ability to provide services for its citizens? It's not good. I think it's already in a very fragile state. And so I think it just emphasizes that this has been a gamble. This is a gamble that they made and he made it with public funds. And I think that that has been what so many journalists have been trying to focus on in covering this and I think many crypto followers, crypto enthusiasts haven't really understood why many journalists are just being so critical of this, but I think it's just really important to remember it's public funds. And so, you know, elder has so many different problems going on. It's currently under a state of exception after a spike in homicides, which was the result of a break in a gang through between buchele and the MS 13 gang, high rates of poverty, inequality, lots of different issues in El Salvador. And I just think the crypto crash really drives home the point that many salvadorans have been saying for a long time and the issue that they have with this law, which is why do we need this law? When all these other things are happening, why do we need this? And now it puts the country in a more precarious economic situation. And makes it more difficult for them to spend money on what they need to be spending money on. You know, there's been reports that they haven't been able to pay some public employees over the past year and things like that to get a sense of how serious the economic problems are. There is also the possibility of debt default. El Salvador is supposed to make an $800 million bond payment in January. And it's unclear if the country will be able to do that..

El Salvador Bitcoin IMF bukele Twitter buca U.S.
IMF urges El Salvador to drop Bitcoin as legal tender

AP News Radio

00:58 sec | 5 months ago

IMF urges El Salvador to drop Bitcoin as legal tender

"Investors investors investors investors are are are are being being being being drawn drawn drawn drawn to to to to El El El El Salvador Salvador Salvador Salvador and and and and the the the the perks perks perks perks of of of of bit bit bit bit coin coin coin coin four four four four months months months months ago ago ago ago El El El El Salvador Salvador Salvador Salvador adopted adopted adopted adopted bit bit bit bit coin coin coin coin as as as as its its its its legal legal legal legal tender tender tender tender alongside alongside alongside alongside the the the the U. U. U. U. S. S. S. S. dollar dollar dollar dollar the the the the perks perks perks perks include include include include no no no no property property property property tax tax tax tax and and and and no no no no capital capital capital capital gains gains gains gains tax tax tax tax when when when when Gregory Gregory Gregory Gregory from from from from San San San San Francisco Francisco Francisco Francisco is is is is one one one one of of of of the the the the first first first first investors investors investors investors to to to to use use use use bit bit bit bit coin coin coin coin to to to to buy buy buy buy a a a a sixteen sixteen sixteen sixteen acre acre acre acre property property property property at at at at a a a a beach beach beach beach outside outside outside outside San San San San Salvador Salvador Salvador Salvador we we we we went went went went to to to to the the the the attorney's attorney's attorney's attorney's office office office office to to to to to to to to finalize finalize finalize finalize the the the the transaction transaction transaction transaction the the the the sellers sellers sellers sellers were were were were there there there there I I I I was was was was there there there there the the the the attorneys attorneys attorneys attorneys and and and and the the the the documents documents documents documents were were were were signed signed signed signed once once once once the the the the sale sale sale sale was was was was completed completed completed completed we we we we all all all all watched watched watched watched it it it it go go go go into into into into the the the the wallet wallet wallet wallet and and and and we we we we all all all all you you you you know know know know hug hug hug hug Clapton Clapton Clapton Clapton went went went went out out out out had had had had a a a a couple couple couple couple bottles bottles bottles bottles of of of of wine wine wine wine but but but but there there there there are are are are warnings warnings warnings warnings the the the the International International International International Monetary Monetary Monetary Monetary Fund Fund Fund Fund says says says says it it it it wants wants wants wants el el el el Salvador Salvador Salvador Salvador to to to to drop drop drop drop crypto crypto crypto crypto currency currency currency currency as as as as legal legal legal legal tender tender tender tender is is is is set set set set up up up up on on on on open open open open a a a a condom condom condom condom is is is is Louis Louis Louis Louis membrane membrane membrane membrane says says says says bitcoin bitcoin bitcoin bitcoin is is is is an an an an asset asset asset asset like like like like a a a a stock stock stock stock or or or or a a a a bond bond bond bond that that that that has has has has risks risks risks risks but but but but it it it it cannot cannot cannot cannot be be be be used used used used for for for for daily daily daily daily operations operations operations operations because because because because the the the the volatility volatility volatility volatility is is is is too too too too high high high high I'm I'm I'm I'm a a a a Donahue Donahue Donahue Donahue

Salvador Salvador Salvador El El El El Salvador U. U. U. U. S. S. Gregory Gregory Gregory Gregor Francisco San San San San Francisco Beach Beach Beach Beach San San San San Salvador Clapton Clapton Clapton Clapto International International In Monetary Monetary Monetary Mon Bitcoin Louis Louis Louis Louis Donahue Donahue Donahue Donahu
How Does One Access Their Bitcoin Funds?

The Doug Collins Podcast

02:01 min | 5 months ago

How Does One Access Their Bitcoin Funds?

"You brought up an interesting subject just a few minutes ago and I wanna come back to it now. You said, 'cause this is very, very true. The Mexico's economy really could not exist without transfers of monetary dollars back from the United States. Economy would crash. We know that from Western Union to this the old saying he's going back for. You might have mentioned this I sent it back in Bitcoin that more than likely the family in Mexico would get the transaction through the computer, however, you know, they got it. And they would convert it, I'm assuming in the dollars or pesos, whichever one they wanted. Where would they do that at? If you, Derek, you sent me about whatever means through a server, however it is. You sent me a Bitcoin today. And I said, well, that's really nice. I want the money. Where would I go, just so to speak get the money? Sure. Well, first of all, I would say it depends on the country that you're in if you would want your local currency. If you're in Venezuela, you probably want to keep it in Bitcoin. Mexico, their currency has actually been quite strong. So that's a bit different. Colombia, the currency hasn't done so well. So not all of them wanted their local currency, but many do. The Sri Lanka, for example, Sri Lanka, El Salvador, just announced it as a Bitcoin as the official currency for El Salvador as one of several. So you may just keep it in Bitcoin. But to answer your specific question, there are more advanced ways to do this, but I'm just trying to explain the easiest way to solve some of these problems. And so you may use something like a Gemini or a similar product. And so that can help manage this operation and help you transfer it back to your Fiat currency at your local bank. And so once the transaction is sent to you, you may immediately essentially send a wire. It's not actually a wire you're not going to pay a wire fee, but you have the Bitcoin and your Gemini account and you push a button to transfer it to your bank account so that way you have it in that local currency.

Mexico Western Union El Salvador Sri Lanka Derek United States Venezuela Colombia Fiat
The World Is Increasingly at Risk of a Global Financial Crisis

The Trish Regan Show

01:54 min | 5 months ago

The World Is Increasingly at Risk of a Global Financial Crisis

"I wrote an article about how we are now increasingly in jeopardy of a global financial crisis. I wouldn't have said this before, but the World Bank, David Lopez, whom I've known for many years, president of the World Bank came out with a warning and said, numerous countries really kind of emerging market developing countries, meaning very poor countries. Have too much debt, and they're not going to be able to pay it back. You see, normally, the World Bank used to lend money, but, you know, hey, 2020, 2021, with all that cash in the system, in part, thanks to the Federal Reserve, all these hedge funds started landing money to a lot of these emerging market countries. And now the bills are coming due. And the rates are resetting because interest rates are going up, it's just like in 2008. Remember in 2008, the whole housing crisis, all these people got loans, leading up to 2008 that maybe shouldn't have had all those loans. I love the Nina loans. The no income no acid loans. Well, there are a lot of those out there at that time, and then as soon as rates reset, well, what do you know? People couldn't afford to pay their mortgages. It's the same kind of thing now going on on a global scale. All this money has been lent to all these countries who now are saying, wow, wait a second. How are we going to pay this back? I mean, we were talking about places like Sri Lanka and El Salvador. And so the danger is that some of these hedge funds, some of these institutions, probably the institutions that lent the money are going to stumble when they don't get the money back. And the fear is if they stumble, what happens to the individual little guy, right? The investors, the American investors, retail investors, pension funds that are invested in all these things. Did they then stumble? This is the domino effect that we have to be

World Bank David Lopez Federal Reserve El Salvador Sri Lanka
Even Third World Countries Send COVID-Ready Kits to Their Citizens... So Why Can't Biden?

The Charlie Kirk Show

00:28 sec | 6 months ago

Even Third World Countries Send COVID-Ready Kits to Their Citizens... So Why Can't Biden?

"Now what's amazing is that third world countries, countries that are so poor, countries that are so broken that hundreds of thousands of people leave them to come to America actually send COVID ready kits to their population. El Salvador literally distributes COVID ready kits to their population. Florida is doing that as well.

El Salvador America Florida
"el salvador" Discussed on What Bitcoin Did

What Bitcoin Did

04:28 min | 7 months ago

"el salvador" Discussed on What Bitcoin Did

"Going to be there's a little risk of them, but I think it feels like they're playing the Bitcoin continues to go up in price game that every cycle will continue to see a multiple X increase. That's similar to how sailor structured his capital structure. And so they did a couple of rounds in micro strategy. And the first rounds were convertible. So they're super low interest rates, but then they can dilute the equity. And then I believe the final Bond round they did was basically I think it was something like 6%, basically it was a bond that had a pretty high yield. And they expectation was, you know, if Bitcoin goes up, substantially over the next 5 to 7 years in more than compensate for a 6% cost. And their lockup here, like their duration of those bods is it varies a little bit, but it was like 5 to 7 years. And then they switched to issuing equity in order to buy more Bitcoin. So the fact that El Salvador is kind of doing a similar timeline, I think makes a lot of sense. A lot of Bitcoin investors say, for example, that kind of 5 years is probably an ideal timeline. Where you have high probability of getting returns out of it, historically, anyone who invested for four years made money usually less, but that's if you invest for three or four years, you made money. Even if you bought it at major tops, for example, now that's not one of those classic disclaimers the past is no guarantee of the future. So there's no guaranteed has to do that for the next four or 5 years. But overall, because he's walking in that longer term debt, it is a smart thesis if someone's super high conviction on Bitcoin, which obviously El Salvador's president is. So with that 5 year lockup or referring specifically to sailor, does he, will he have to sell the Bitcoin at some point to pay the bondholders? Not necessarily. So if so, if Bitcoin stays, if it goes up or stays roughly where it is, the most likely bonds would be refinanced. So in the bonds, come do you just issue another bond offering to cover them? The only time where so it gets messy is if let's say Bitcoin does go down quite a bit. Over 5 years. So some sort of catastrophic outcome for Bitcoin. And Bitcoin is down in price. And the market is spooked by that and doesn't really want to issue doesn't really want to finance those bonds anymore. It doesn't want to refinance them..

Bitcoin El Salvador
"el salvador" Discussed on The Breakdown with NLW

The Breakdown with NLW

04:01 min | 7 months ago

"el salvador" Discussed on The Breakdown with NLW

"The breakdown is sponsored by nigg and produced and distributed by coin desk. What's going on guys, it is Monday, November 22nd, and today we are talking about El Salvador, Bitcoin bonds, volcano bonds, and geo strategic intrigue, but first, I just wanted to give you guys an expectation around the holiday schedule. So obviously in the U.S., the Thanksgiving holiday is coming up, and I'll be doing a series of short interviews for the days surrounding the holiday. Those will kick in, I think on Wednesday and run through the weekend before coming back to our normal schedule next week. I love using these holidays as ways to catch up on people's takes and opinions on things that have happened over the last. However long it's been since I've had a chance to talk with them. So I hope you enjoy that. I am pretty sure that you will. I've got some great guests coming. But today, as I mentioned, we are talking El Salvador. And I want to start with the headline that is blasted all over the Internet today. On coin desk, El Salvador to create Bitcoin city. Use 500 million of planned $1 billion bond offering to buy more crypto. From Bloomberg, El Salvador plans tokenized Bitcoin bonds and tax free Bitcoin city. From the block, El Salvador government strikes deal with bit fex and blockstream to issue $1 billion Bitcoin Bond. Sounds pretty big, right? Well, it's interesting on multiple geopolitical levels. But first, let's do a little bit of background and catch up on what's been happening in El Salvador this year. In case you somehow missed it, at the end of May, president naive El Salvador announces that he would be proposing a law to make Bitcoin legal tender. He did this at the Bitcoin conference in Miami after being introduced virtually by Jack mahler's of strike. A few days later, in June, the legislator voted it through. El Salvador was set to become the world's first Bitcoin nation. These were heady times man on the night that the legislation was being voted upon, there was a Twitter spaces that was basically being held live from the parliament floor. President nai buchel was in the spaces for a while, as was his brother and campaign manager. There was a ton of discussion not just about what the legislation meant or anything like that. But about future ideas. It was in fact in that Twitter spaces that the idea of Bitcoin mining via volcano energy, IE geothermal energy came up. That's something we're going to get into in just a minute. But for as exciting as it was to those of us in the Bitcoin community, it wasn't necessarily exciting everywhere else. Also in June and I think this will be important to our story, the World Bank denied El Salvador's request for help on technical implementation of their new Bitcoin standard. A World Bank spokesperson said, we're committed to helping El Salvador in numerous ways, including for currency transparency and regulatory processes..

El Salvador El Salvador government Jack mahler President nai buchel Bloomberg U.S. Twitter Miami World Bank
New Migrant Caravan: 'Tell Biden We're Coming'

The Charlie Kirk Show

02:37 min | 8 months ago

New Migrant Caravan: 'Tell Biden We're Coming'

"Tell Biden we are coming. The new migrant caravan of border jumpers and line cutters and criminals, new migrant caravan marches through Mexico to U.S. border. We have to change the way that we talk about this. These are not migrants. These are criminals. They have the intent to break federal law and state law and break into our country. Migrants are people that move from Southern California to the central valley to try to get work. That's would be a migrant. And this is nothing more than the movement of people for an economic incentive. The migrants mostly from Central America, South American Haiti are taking the 2500 mile to 200 mile journey to Texas. I'm reading from the Washington examiner. This is interesting. The group was organized through a QR code that allowed participants to register starting October 15th, according to Fox News. Due to the Mexican government banning migrants from hitching rides from truckers, the migrants will have to take the entire journey on foot. Tell Biden we are coming, said one migrant named William from El Salvador, told the news outlet, wait, so they have QR codes that they're organizing with this thing? What is this a rock concert? Let's get QR codes and we can figure out how to illegally enter into the country. Do you know what a QR code is? Some of you might be listening. You don't know what that is. It is when you see on a poster or on television, bottom right hand corner, it's it looks like a barcode, something that you would use at the grocery store and you put up your phone to it, and it helps you join the caravan. You know, we should have a QR code to subscribe to the Charlie Kirk show. That'd be interesting. Not join a caravan. Tell Biden we are coming. The caravan left chula on the border with Guatemala on October 23rd. With hours beginning of their journey the migrants were greeted by a wall of Mexican National Guard troops. This was a joke. The Mexican National Guard should have held the line. But the migrants forced their way to the blockade, continuing their journey to the United States. The caravan is moving north before the reinstatement of the remaining Mexico policy. Border arrests have surged to an all time high, more than 1.7 million in fiscal year 2021. How many getaways have there been, by the way? U.S. customs and border patrol did not immediately respond to questioning for comment from the new the new

Biden Mexican Government Central Valley Mexican National Guard Central America Mexico Southern California Charlie Kirk Haiti U.S. Fox News El Salvador Texas Washington William Chula Guatemala U.S. Customs And Border Patrol
"el salvador" Discussed on CREATE with Katrina Julia

CREATE with Katrina Julia

02:27 min | 10 months ago

"el salvador" Discussed on CREATE with Katrina Julia

"This became known as lemon dance out or the massacre. Two hundred years of el salvador's independence. The indigenous resist el salvador becoming spanish colony. Losing his battle. Fifteen forty el salvador becomes a spanish colony. It would be about three hundred years before. El salvador would gave independence from spain in eighteen. Twenty one interesting. How things come full circle. During my time in el salvador. I actually ended up being in san salvador september fourteenth through the sixteenth twenty. Twenty one two hundred years of celebrating independence was on september fifteenth. Twenty twenty one. While on my walking tour with estefan with ec tours we ran into you. Do battle salvadoran yom who is known for his content all across el salvador and focusing on everything he shares about. We ended up being in on his videos. I did a clip. An intro to a behind the scenes of the behind the scenes clips. For the celebration of the bicentennial. I included the link to my videos off of youtube and his video. Also doing a short intro at nine thirty four and several clips with s defining. And i talking to him and his team at six fifty four and other minutes el salvador civil war. So likely you've heard bits and pieces from some of what i'm going to share here. The fully-fledged civil war lasted over twelve years including terrorizing and targeting of civilians by us trained government death squads including prominent clergy from the catholic church the recruitment of child soldiers and other human rights violations mostly by the military the events that sparked the official civil war are said to have included a right ing death squad. Assassination of archbishop oscar romero during mass military forces assassinating romero a popular bishop of the poor people while he was serving. Mass are saying mass in nineteen. Eighty this salvadorian. Civil war in el salvador was fought between the military led giunta government or government of el salvador and the Marquee nasional liberation front. Fm l. n. a coalition or umbrella organization of left-wing groups from october fifteenth nineteen seventy nine to january sixteenth nineteen.

el salvador san salvador estefan ec spain archbishop oscar romero youtube catholic church giunta government romero Marquee nasional liberation fr umbrella organization of left-
"el salvador" Discussed on CREATE with Katrina Julia

CREATE with Katrina Julia

05:32 min | 10 months ago

"el salvador" Discussed on CREATE with Katrina Julia

"Petitioned the supreme court to turn over a salvadorian laws of consecutive reelection and has been compared to trump la times. Article stated el salvador's millennial president la times. Article stated el salvador's millennial. President is a man with one vision. Power el salvadorian presidential laws historically provide for five terms. Although consecutive reelection is not permitted previously elected president may run for a second nonconsecutive term. According to cnn el salvador's highest court in september. Twenty twenty one has ruled that the country's president may now serve two consecutive terms in office paving the way for the current president naib ukulele to run for re election in twenty twenty four. This sentiment in the country is a concern of a dictatorship are murder rates dropping in all salvador since president. Ukulele entered. office alastair tista and other sources have cited homicides in el salvador falling over fifty percent. Reuters cited drops in homicide rates are related to officials citing tougher enforcement informal deals with authorities in gangs easing up on violence. No different than any other state or country. I felt entirely saved the entire time in el salvador during my visit at the same time. You guys. I always exercise common sense in a lot of different things. Whether is paying attention to my purse or my bag whether it's paying attention if anyone is remotely close to me not i'm not one. That is typically out you know after dark. I'm typically you know at the hotel at the urban be wherever it is. I'm staying andrew if i am. I make sure that you know. I'm not walking down dark streets by myself. I get really familiar in any city or country. What's the areas of town not to go in. Although i've stumbled in some in the past like i stumbled into some soubra shady areas in san francisco before as an example of my mom. We still laugh about it. Like no literally you guys. We were walking around and before we knew it. We were literally walking past like four or five crack houses. I'm not exaggerating to the point. That people are asking. My mom and i wanted to buy something because it was like that kind of street area so anyway my point even bringing all that up is to say there are sketchy and or shady areas potentially anywhere that you are in the world and to be really really aware and ask questions travel to el salvador. According to the ministry of tourism tourism revenue increased by over sixteen percent twenty nineteen versus twenty eighteen since twenty ten tourism has doubled to el salvador in twenty nineteen el salvador received about two point six million tours that visited increasing four percent over the prior year. Now keep in mind el salvador's total population is between six to seven million. So that's roughly about a third of its population. Although el salvador may be known around the world for its violence the country offers much more..

el salvador la times alastair tista supreme court cnn Reuters ministry of tourism tourism re andrew san francisco
"el salvador" Discussed on CREATE with Katrina Julia

CREATE with Katrina Julia

03:16 min | 10 months ago

"el salvador" Discussed on CREATE with Katrina Julia

"Go to inker dot. Fm to get started. And keep in mind that you and podcasting or starting your show some things that i've learned to create your own show is that you definitely want to be yourself and share things that you're passionate about like i share about faith while news business and travel and is one hundred percent me. So what are you waiting for. Go create it your own show with anchor now. The surprise of el salvador history culture travel and hash shad. Don't skip el salvador when i left atlanta georgia in twenty twenty traveled el salvador. Didn't enter my mind. The history the violence in us didn't help. I remember seeing and hearing about el salvador years ago. For years i wondered is el salvador safe as a result of the history of gang violence homicide rates and bad press. I'm not the only one that's asses as many travelers have skipped el salvador free years yet this year in twenty twenty one. I have found female travelers. Like eliza with my life has a travel movie and kelly hill enjoying traveling in el salvador safely with the digital marketing project and press trip in honduras is i found out flying into san salvador. Airport in el salvador would be the closest with my travel to seven continents. I decided to include el salvador. During my entire week in all salvador i felt safe is stated in a jungle house discovered the beautiful beaches of laya tonko experienced a garden home in explored san salvador. What a learn about el salvador with ec tours about its history. People and resilience is unparalleled paralleled. El salvador as a country surprised me exponentially this surprise of el salvador. Has this global traveler saying hashtag. Joan skip el salvador hashtag not sponsored yet. I'm not the only one saying. Don't give el salvador. In twenty eighteen edwin correo became one of the salvadorians leading the charge to overcome that press generated by gang violence homicide rates at about sixty per one hundred thousand people when the whereas the global average is about five and bad press with the minister of tourism in twenty eighteen jose napoleon duarte doron edwin in el salvador launched the tourism campaign leveraging the social media. Hashtag hashtag don't skip el salvador while el salvador was called the murder capital of the world for years times may be changing el salvador leadership. The el salvadorian president naive ukulele. A former ad executive has not been without controversy el salvador's prior me mayor utilizes social media to connect with the public criticizes past presidents successfully..

el salvador kelly hill san salvador laya tonko Joan skip eliza edwin correo atlanta georgia honduras ec jose napoleon duarte doron edw
'Sports & Entertainment News Compilation (#3) ft. Street Professor' (Ball & Buds Podcast Episode #24) - burst 4

Ball & Buds

03:34 min | 10 months ago

'Sports & Entertainment News Compilation (#3) ft. Street Professor' (Ball & Buds Podcast Episode #24) - burst 4

"You. Bastards lay leave. Britney spears alone right now a minute anyone who has a problem with are you with me. Because she's not well right now. I'm good good anyways. Kanye west put out an album. I had heard he was putting out. But i did not know when it came out but apparently called donde which i believe was his mother's name. If i remember correctly apparently it has a lot of songs on it. Because apparently i just found this out this morning twenty. Three of the songs landed on the billboard. Hot one hundred. So i thought i thought i read that incorrectly. So i'd like did a double take and i was like. Oh maybe they mean twenty three hundred and his whole career. I mean twenty three hundred twenty three on the top one hundred in his whole career. I was like oh. That makes sense. And i was like wait. I look back down. I read it again. I said don to twenty three songs. I say what the hell hummy songs on this album. And why yawkey pipe in this man up. I know twenty. Three songs shouldn't have been on the top one hundred. I mean unless he made a thirty five album psalm. Forty song then. Yeah maybe half of them would have been on there. But i know he ain't twenty-five album song you're telling me twenty three of them were we must have some shitty ass musicians out. Nowadays don't listen to the radio. Here's why don't listen. pop meet exactly what. Oh by the way he is. The seventh artists ever with ten number one albums. Good foxsports will sell ads for their super bowl super bowl fifty two wow super bowl fifty seven and they will sell those super bowl fifty seven ads for a record fifty for a record. Six million dollars per thirty seconds. Jeez louise that's a lotta money from thirty seven commercial. Could hey sony and microsoft. Ps five xbox shortages due to the semi conductor sorties. So if you are waiting on your console you might be waiting awhile and everybody boy nasty. I'm sure he got his already admitted to morning and ask him. But i forgot but i'm sure he already got his. He don't play and so it turns out that the shortage of so bad. That even my boy buck. Nash doesn't even have his yet. So this shortage must be really crucial. You know what i mean. Google this is big news. El salvador officially has become the first country to adopt bitcoin as their legal tender. So that's crazy. We're moving to the digital age now. Y'all digital currency is coming to every government so you better be ready. Start by goal. Put cash on your matches and what you do good. Oh good news in richmond. They took down the confederate robert e lee. That punk ass bitch. They took his statue down in richmond. Good good finally that shit out that damn city city is dirty and racists enough to clean

Pop Culture Movies Music Entertainment Sports Kanye West Super Bowl Sony Microsoft Britney Spears El Salvador Bitcoin Billboard Yawkey DON Louise Nash Google Richmond Robert E Lee
U.S. Reopens Immigration Program for Central American Children

NPR News Now

00:54 sec | 10 months ago

U.S. Reopens Immigration Program for Central American Children

"Mine administration is accepting new applications for recently reinstated program that helps them minors from central america to reunite with parents in the united states details from npr sprinkle or donas president biden restarted. The obama era program this spring that allows children from el salvador guatemala and honduras to apply to be reunited with apparent lawfully in the united states. The program was terminated by the trump administration after restarting the program the biden administration reopened fourteen hundred cases that had been closed by the previous administration then in july the biden's state department and homeland security department announced that it would expand eligibility to include legal guardians as well as parents in the united states. The white house says tens of thousands of families should be eligible for the program which is seen as a safer alternative to illegal means of

Mine Administration Donas President Biden Trump Administration Biden Administration United States Central America NPR El Salvador Honduras Guatemala Homeland Security Department Barack Obama Biden White House
"el salvador" Discussed on Reset

Reset

10:37 min | 10 months ago

"el salvador" Discussed on Reset

"Bitcoin payments faster and cheaper than they usually are which culminated in the announcement at a conference in miami. A couple of months ago. I will send to congress a bill that will make bitcoin a legal tender in the seller in the short term this will generally jobs and help provide financial inclusion. Two thousand hundred formal economy president is fairly young. he's not kind of part of the entrenched political system that has historically been there and he has kind of tried to present himself to people at least online as someone who is very young and innovative and very open a skull. Most anyone would they think about the future and they will say something along the lines of nuclear war playmate catastrophe hunger pestilence the death of life within took care of the beautiful idea that we create our own future that we as humanity can do almost anything that we imagine. There have been concerns as to his consolidation of power. The removal of some people in the government has a lot of backlash but he really has tried to present himself as someone who is very future looking for the people of el salvador abode. We are trying to rescue this idea and it started designer for country for the future. Using the best thing is the makes us we are well user sensibility to find the best examples of ideas from history and around the world. I believe it's going to be one of these ideas. And so his his look toward this was something that really kind of went along with that and it seems like it was sort of a singular decision from him to just based on how it was announced. Yeah so this was announced without any kind of input from the people of el salvador. Many of whom oppose having bitcoin as national currency and this was announced by him not even in el salvador and later proposed as bill in congress whose party he already had a majority in and so there was a feeling that this is something that was kind of handed down some him in passed by him in his party. Really without a ton of voter input it. Of course there were american companies involved as well. Can you tell us a little bit about sort of the infrastructure that is underpinning el salvador's new bitcoin system. Yeah so on the lightning network. That is what is underpinning. The system bitcoin payments historically have been very expensive can cost two dollars to even seven dollars to send a bitcoin transaction which has kind of always made it not really feasible for uses payment system when. You're not going to buy a cup of coffee if it's going to cost you three dollars or four dollars just execute the transaction and so one of the main companies kind of working alongside them in. This is the lightning network which is basically just kind of side network to bitcoin that just makes the transactions much cheaper to happen and what about how people actually use it. Yeah so there's an app that the government was working set up called chievo which is slang for cool. And it's the wallet that is basically free for el salvadorians to us to incentivize people to use it. The government said that if you sign up to use specific wallet chievo then. We'll give you thirty dollar credit and bitcoin and you can kind of use that to get started. There's other bitcoin wallets that do exist That are in use in el salvador. Some people have voiced concerns at using government one because it could give them access to their data under transactions and some people have voiced concerns over having that much information directly in their hands and so some people did sign up for it to get thirty dollars credit and some are still opting to use other competitors. Well let's go back to how salvadorians or feeling about all this might understanding is that they don't feel great. No i mean bodily most salvadorans against this seventy eighty percent of the people who have been pulled. You know say that. They don't really support having bitcoin. As national currency part of the other concern is that you know unless a business is legitimately deprived at the technology to be able to accept bitcoin that they can't deny someone from paying in it so all businesses have to accept it. Unless you know they don't have internet access or something to that degree and so that's dubbed some business owners long way a lot of the rules over. Well how are you going to hold this on your balance. She would sustain for reporting taxes. What does this mean for counting like. There's there's a bunch of questions that have yet to be answered and so for some people it's made them very nervous others are looking at this though was potentially a way to get new customers. Who may be do wanna use bitcoin. V located as potentially having lower fees than visa or mastercard or just a way to get away from cash which was still very much a part of el salvador economy and so some some people are looking favorably but there has been a lot of pushback. What about consumers. I guess you have to have a smartphone in order to do this yet. You need to have a smartphone. I mean by and large most people do but there's definitely a portion of salvadorans who don't have access to a phone and so there there does wind up being a set of three conditions to being able to use bitcoin or other virtual currencies. The government has set up kiosks to like people transfer money into bitcoin out of bitcoin at various city centers. Face twenty to have a smartphone for that as well and so some of it does rely on some level of technological efficiency of being able to use a smartphone but also just like having access to it to begin with so before the law went into effect. You wrote a story for the journal. Was a headline. El salvador gets ready for a risky bitcoin experiment. What exactly makes this such a big gamble for the country. This this is untested. This is truly an experiment. No other country has made. Bitcoin legal tender and this makes it risky because bitcoin itself is very volatile on tuesday when el salvador launched bitcoin as one of its currencies. You had bitcoin cash almost ten percent and so bitcoin is prone to this volatility. People who are veterans in crypto are pretty used to it. But if you're someone who is hoping to use that bitcoin to buy a car or go for vat or something else. Those fluctuations can be very important in. You know what you wind up paying for something and what your money is than worse than any given moment you know i. I think we take for granted the stability of the dollar and the euro and other currencies. Because they're backed by central governments. Bitcoin isn't and so it's inherently much more risky. The other concerns with el salvador are the fact that the international monetary fund hasn't exactly been jumping up and down with us you know. They were negotiations with el salvador for an aid package. And if you're looking at risks to an economy. Adoption of a volatile cryptocurrency is one that winds up being on inspiring and so there's been warnings from the imf against crypto currency. The world. bank isn't endorsing this either. And there's been a bunch of concerns as to. I guess what that means for the economic future of el salvador. If all of a sudden they wind up pulling off this bitcoin and it follows very very sharply. And it doesn't recover you know that's a major drawdown of funds on the other hand it could wind up being very successful and bitcoin could go to one hundred thousand or whatever we just don't know boo. Kelly seems to know that this is risky. He's encouraged victorians to convert bitcoin payments into dollars as soon as they get them to prevent losing money due to the volatility of the cryptocurrency. So i guess at that point. What's the point in pushing people to make bitcoin payments to begin with the vowed reason from getting bitcoin payments in the first place. Is that when you get away from. Us dollar at least kelly has argued the fees to transfer bitcoin with a specific el salvador. Rollout are much lower than they would be with. Something like western union where you would send money orders between people in much faster and so the argument is that at least from that initial sending you wind up wiping out a lot of the fees and you just wind up making it much faster and so that's kind of been the argument for using it but color has also when when bitcoin crashed on tuesday he was also kind of encouraging people to buy the dip as it's called ripped out which is basically you know when bitcoin falls wants something else falls. He tweeted that they had just bought more. Bitcoin el salvador's government in that in current. Some other people to do so as well and so even though he's encouraging people to transfer their money as soon as possible. There's still some of the kind of underlying trudeau mentality of you know. Let's try and get those gains because the idea is if you buy it when it's cheaper it just goes up so we've seen especially in the united states in. Recent months cryptocurrencies becoming more accessible more mainstream. How does the decision to make bitcoin. Legal tender and el salvador impact way that lawmakers and regulators and crypto advocates and other countries. Ding about cryptocurrency. Honestly everyone is watching this to see what happens. The knock on effects villi aren't known A few legislators in panama have considered introducing legislation to make bitcoin legal tender there. A couple of other latin american countries had some work considerations. I think bodily most people seem to be holding off until there's some idea of how it winds up going in el salvador and it's still very early days for that and then there's el salvador's relationship with the us Bitcoin being one national currency now. But the us dollar is the other el salvador gets those us dollars through correspondent banks that get money from the fed and then send it over and so you know we still don't know how the relationship between those banks are going to be affected by el salvador and banks now holding bitcoin. And so what does this mean for access. Us dollars will the us wind up carrying these are all things that really just haven't been figured out yet and so the broader knock on effects of how other countries view.

el salvador congress government Bitcoin miami international monetary fund mastercard the journal Bitcoin el salvador western union us Kelly
El Salvador Embrases Bitcoin

The Breakdown with NLW

02:03 min | 10 months ago

El Salvador Embrases Bitcoin

"Firming topic today. We're doing a global tour of bitcoin who's embracing this disruptive digital gold this proto money system. Let's start by doing a quick revisit to el salvador on tuesday's show. We discussed some of the controversy leading into el salvador's bitcoin day. The formal enactment of their bitcoin legal tender law on surprisingly and continuing the themes that i was just exploring the gladiatorial battle on twitter continued throughout the day professor. Steve hanky who has really really tried to use. This crypto cycle to jump to the very top of the bitcoin antagonist list. Just would not shut up about it. I mean we are talking about ten twelve separate tweets many which said the same thing over and over. Here's a good example contrary to president. Bu kelly's unfounded claims el salvadorians do not want. Bitcoin is legal tender. The only ones who applaud are criminals. They know that the bitcoin law paves the way for rampant money laundering and corruption. This is one of those arguments. Where as soon as you even dine to make it. I look around at myself. Everyone that i know. Who's working in this industry. All the people that i know who are connected to this industry all the people who are in places like asante who have proven over the last few years how. Bitcoin has relevance for community like el salvador. And i mostly just stopped listening to what you have to say. Because you're clearly not in it for an actual conversation. And yet he continues. He tweeted at least three times about bitcoins. Volatility bitcoin nineteen percent to a twenty four hour. Low of forty two thousand nine hundred and twenty one per bitcoin today to queens volatility is an obvious reminder that it can never be a reliable unit of account and thus can never be used as a currency. Btc is nothing more than a highly speculative asset. Naib kelly's bitcoin law will do el salvador. Never mind his careful use of hash tagging on. Bitcoin and btc gotta make sure. Everyone sees his angry tweets. Professor hanky also hated it when president. Bu pele bought the tip and made fun of the imf all in one tweet saying buying the dip one hundred and fifty new coins added. It appears the discount is ending. Thanks for the dip. Imf we saved a million and printed paper el salvador. now hold five hundred fifty bitcoin.

El Salvador Steve Hanky Bu Kelly Bitcoin Twitter Naib Kelly BTC IMF
Bitcoin Prices Fall After Plunging During El Salvador Rollout

Squawk Pod

01:06 min | 10 months ago

Bitcoin Prices Fall After Plunging During El Salvador Rollout

"Bitcoin prices. That was wild yesterday at one point. Ten thousand after breaking through fifty two thousand late. Monday got his lows about forty two thousand el salvador adopted. Bitcoin is legal. Currency tumbled as much as sixteen percent. Right now i saw it this morning around. Forty six thousand. The country temporarily disabled chievo. That's the government run bitcoin. Wallet to increase the capacity of servers and crypto adjacent stocks also fell that's term including big drops from micro strategy and coin base and ether also fell sharply yesterday continues to slide this morning. There were protests in el salvador. A lot of young people that they were more protesting against not having a say in work and how it was adopted. When you decide you're going to do something and then demand closes down the wallet. I don't know whether it was just that they weren't ready but they seem to say that there was so many people trying to do it that they couldn't that they couldn't do

El Salvador Bitcoin
Bitcoin Is Now Legal Tender in El Salvador

Snacks Daily

01:56 min | 10 months ago

Bitcoin Is Now Legal Tender in El Salvador

"Salvador began accepting bitcoin as a legal tender. Yeah there we go. It's one of the many crypto experiments. that's happening across the globe. That's the way we're seeing knackers. You heard on this podcast. I in june just a few months ago. Remember well jacka. El salvador announced that bitcoin would be legal tender. I think we recorded that together. In new york person remember that. Oh yeah this week. During the different sweet green orders and menu. You went on the menu now. El salvador doesn't have their own currency they just use the us dollar but now they will also accept bitcoin interesting. Although el salvador also has fewer people than new york city where we recorded this guy and they announced this with like literally only three details at the time. All right rule number one. They announced in june. Every business in the country must accept bitcoin for the business that they do a single pusa. You can pay for that with a fraction of a bitcoin. Roll number two. The government will accept bitcoin to pay your taxes. And then jack rule number three kind of a little bonus cherry on top situation here. Citizens will not have to pay any capital gains taxes if they own. Bitcoin and bitcoin goes to the moon well yesterday. Bit salvador went live and we got a whole bunch more details. How the pulling this thing off. I i the central bank wanted to make a pr splash and lead by example. So they bought twenty one million bitcoin. The central bank. I mean el salvador. It's a tuesday tree yourself. There you go and then they set up a bunch of bitcoin. Atm's all across the country to get the populace excite and then to really get things going with bitcoin and in el salvador. They launched a brand new walla tap for forbid it's called chievo which is slang in spanish down in el salvador for cool very nice and with this app. Typical el salvadorians can conduct business and bitcoin yet. Every single salvadorian got thirty dollars worth of bitcoin. We've got like an oprah situation here in the app right right there waiting for you

Bitcoin Jacka El Salvador Salvador New York City New York Jack Chievo United States Oprah
"el salvador" Discussed on The Breakdown with NLW

The Breakdown with NLW

03:48 min | 10 months ago

"el salvador" Discussed on The Breakdown with NLW

"The cologne was taken out of circulation and ceased to be used for those that don't understand bitcoin. They don't understand why this time it will actually be different. I think that is very understandable. Those who want naib kelly to be hurt by passing. The bitcoin law are fanning. These worries even though they realized that there isn't real danger. So that's a perspective from on the ground. Although not from an el salvadoran from someone who kind of sits in the in between i said a few months ago for me that the main thing with keller was that simply put i was concerned with some of these signs that we were showing. But he wasn't an autocrat yet and frankly if that was his intention he made a strange choice in choosing an uncontrollable money. If that's the direction he wanted to go. But i also said that all would really matter is what we saw over the months to come some. That hasn't been great last week. Mario gomez and outspoken critic of the bitcoin law was briefly detained without a warrant and had a cell phone seized by police quote. There is a deterioration. In the freedom of the press and freedom of expression said auto flora's a lawyer representing mr gomez. It's worrying you can't deny it. What's more alex glad. Stein points to this threat. From the executive director of the americas division of human rights. Watch he tweets. Do kelly dismantles democratic institutions like chavez but at a much more alarming rate thread chavez managed to control the supreme court of justice in two thousand and four or five years after assuming the presidency boo kelly manage to control the supreme court in twenty twenty one two years after assuming the presidency chavez managed to bypass the limits of presidential reelection. Two thousand nine ten years after assuming presidency who kelly and twenty twenty one two years after assuming presidency chavez succeeded in removing hundreds of judges from lower courts in two thousand six seven years after assuming the presidency kellyanne twenty twenty one two years after assuming the presidency. What's next if we are guided by the history of venezuela censorship of the press restrictions on civil society total impunity for human rights violations arrests of opponents. Electoral fraud is the international community. Going to wait and see if kelly follows this trend now as with anything there is much much more context the argument that the kelly administration has made about some of these removals of judges that they were corrupt and certainly the last twenty years of el salvador and politics aren't a paragon but as we've seen over and over and over process matters. I think we need to be careful about uncritical cheerleading..

naib kelly chavez Mario gomez freedom of the press and freed mr gomez americas division of human rig kelly supreme court of justice keller Stein flora supreme court kelly administration venezuela el salvador
"el salvador" Discussed on The Breakdown with NLW

The Breakdown with NLW

01:31 min | 10 months ago

"el salvador" Discussed on The Breakdown with NLW

"In numerous ways including for currency transparency and regulatory processes while the government did approach us for assistance on bitcoin. This is not something. The world bank can support given the environmental and transparency shortcomings. So this is self-evidently b. s. The energy thing is an easy patsy in the situation. But it's the addition of the transparency critique that makes us rings hollow because unchain ledger is massively more transparent than a traditional fiat system and given that it's clearly them just saying yeah. No thanks. we're not touching this at the same time. The imf also said that it saw quote macroeconomic financial and legal issues with bitcoin proposal. In july they went a little farther publishing a blog post that while not specifically mentioning el salvador was pretty clearly aimed at them. Crypto assets national currency. A step too here. Their main critiques. The most direct cost of widespread adoption of a crypto assets such as bitcoin is to macroeconomic stability if goods and services were priced in both a real currency and crypto asset households and businesses would spend significant time and resources choosing which money to hold as opposed to engaging in productive activities similarly government revenues would be exposed to exchange rate risk if taxes were quoted in advance in crypto asset while expenditures remain mostly in the local currency or vice versa. Also monetary policy would lose bite. Central banks cannot set interest rates on a foreign currency usually when a country adopts a foreign currency as its own. It imports the credibility of the foreign monetary policy and hope to bring its economy and interest rates in line with the foreign business cycle..

unchain ledger imf el salvador bitcoin government
"el salvador" Discussed on The Breakdown with NLW

The Breakdown with NLW

04:33 min | 10 months ago

"el salvador" Discussed on The Breakdown with NLW

"What's going on guys. It is tuesday september seventh. And that means it's my birthday but it also means. It's bitcoin day in el salvador. My birthdays have always felt more like new year's than new year's to me part of that has to do with so many years of school beginning at the exact same time in when you're a kid you mark your age by your great in school as much if not more than by your actual age part of it is that i just absolutely love fall. Either way i find. It's a really good time to reflect on where things are where they've been and where we'd like to see them go so for giggles before we dive into our main topic. I wanted to look back at the last couple years of shows to see what was happening around. Now we back in two thousand nine hundred ninety. I hadn't officially started the breakdown yet. I was doing a pro version of it. A livestream version called the crypto daily. Three at three where it would basically do the brief. But live via periscope and youtube and twitch the main topic of my birthday in twenty nineteen was lieber versus china the global digital money wars heat up libra had been announced that summer and china had kicked into high gear trying to get their digital yuan. Efforts accelerated last year. My birthday actually fell on labor day itself. So i did a reading of nick. Carter piece called the crypto dollar surge and the american opportunity in it nick discussed many of the themes that we regularly come back to hear around the continued growth of usd denominated stable coins. And what it might look like for the us to embrace rather than to condemn that emerging infrastructure. Interestingly these string of september seven stories light up rather well with today's stories about the way crypto-currencies digital assets and private monies are changing the nature of the states relationship with money as well in that. Today's banner story is even more significant. Of course today. Is bitcoin day in el salvador. Today in a world first. Bitcoin has become the legal tender of an actual country. So how did we get here. In june el salvador's president naib. Kelly appeared as a surprise guest during bitcoin. Miami he was introduced by jack. Mahler's of strike muller's had spent the previous few months down in el salvador specifically asante at a project called bitcoin. Beach between beach is a community project that in many ways pave the way for el salvador's bitcoin law by showing how useful. Bitcoin actually was stores in sante adopted. Bitcoin payments youth got paid for jobs in bitcoin. People were able to save time by not having to take buses for hours to get remittance payments and during co vid contactless payments..

el salvador crypto daily lieber nick china youtube Bitcoin Carter Beach between beach Mahler muller Kelly us Miami jack
Early Stumble As El Salvador Starts Bitcoin As Currency

AP News Radio

00:51 sec | 10 months ago

Early Stumble As El Salvador Starts Bitcoin As Currency

"The first country to adopt bitcoin as legal tender is El Salvador it was a bumpy rollout the digital wallet Chievo used for transactions was not functioning the government has promised to install two hundred Chievo automatic tellers Reena Parris is a cook at a San Salvador restaurant and he says people come in to buy almost anything just with bit coin it's something normal there the A. P. visited one of the automatic tellers in San Salvador some people were interested in bitcoin but haven't downloaded the app there were people like Anna Flores yeah she says it's very difficult to understand at least three international fast food chain restaurants were accepting bitcoin payments to the Chievo digital wallet as incentive the government in el Salvador is offering thirty dollars worth of credit for those who use Chievo I met Donahue

Bitcoin Reena Parris San Salvador A. P. El Salvador Anna Flores Donahue
"el salvador" Discussed on CoinDesk Podcast Network

CoinDesk Podcast Network

05:36 min | 10 months ago

"el salvador" Discussed on CoinDesk Podcast Network

"What's going on guys. It is tuesday september seventh. And that means it's my birthday but it also means. It's bitcoin day in el salvador. My birthdays have always felt more like new year's than new year's to me part of that has to do with so many years of school beginning at the exact same time in when you're a kid you mark your age by your great in school as much if not more than by your actual age part of it is that i just absolutely love fall. Either way i find. It's a really good time to reflect on where things are where they've been and where we'd like to see them go so for giggles before we dive into our main topic. I wanted to look back at the last couple years of shows to see what was happening around. Now we back in two thousand nine hundred ninety. I hadn't officially started the breakdown yet. I was doing a pro version of it. A livestream version called the crypto daily. Three at three where it would basically do the brief. But live via periscope and youtube and twitch the main topic of my birthday in twenty nineteen was lieber versus china the global digital money wars heat up libra had been announced that summer and china had kicked into high gear trying to get their digital yuan. Efforts accelerated last year. My birthday actually fell on labor day itself. So i did a reading of nick. Carter piece called the crypto dollar surge and the american opportunity in it nick discussed many of the themes that we regularly come back to hear around the continued growth of usd denominated stable coins. And what it might look like for the us to embrace rather than to condemn that emerging infrastructure. Interestingly these string of september seven stories light up rather well with today's stories about the way crypto-currencies digital assets and private monies are changing the nature of the states relationship with money as well in that. Today's banner story is even more significant. Of course today. Is bitcoin day in el salvador. Today in a world first. Bitcoin has become the legal tender of an actual country. So how did we get here. In june el salvador's president naib. Kelly appeared as a surprise guest during bitcoin. Miami he was introduced by jack. Mahler's of strike muller's had spent the previous few months down in el salvador specifically in asante at a project called bitcoin. Beach between beach is a community project that in many ways pave the way for el salvador's bitcoin law by showing how useful. Bitcoin actually was stores in sante adopted. Bitcoin payments youth got paid for jobs in bitcoin. People were able to save time by not having to take buses for hours to get remittance payments and during vid contactless payments. Kept people safe and so on and so forth between beach had initially been funded by an anonymous. Bitcoin whale but quickly took on a life of its own to hear more about that story. Listen to my episode with bitcoin. Beach director mike peterson from june twelfth. Anyway back to bitcoin. Miami naib kelly. The president of el salvador appeared via video statement on the last day of the conference to announce that he was introducing a bill to make. Bitcoin legal tender. That bill would pass. Just a few days later by supermajority in el salvador's legislature on june ninth and we go into effect a few months later today on september seventh between would not be replacing the us dollar which had been official currency since two thousand one but would be given equal standing with the greenback. The response of the global bitcoin community was just about what you'd expect. El salvador is set to become the world's first bitcoin nation. This'll be an absolutely seminal moment in bitcoins history a chance for bitcoin to live up to its promise as a tool for economic empowerment that so many of us have been so excited about for so long. Let's be clear about something here. Despite all the controversy that. I'm going to dig into next. This is one of the more significant days in bitcoins. History the adoption of bitcoin as an official currency by a sovereign is something that few would have believed two years ago to say nothing of a decade ago at the beginning of bitcoins journey. Whatever happens next. This will be an incredibly important historical moment however nothing. This big happens without controversy. There've been a couple of different big lines of controversy. That i want to explore and the i is perhaps the most expected. Let's call it institutional controversy. El salvador like any nation is part of a collection of international institutions that make up the global order in the post cold war world. It took just days after l. Salvador's bitcoin bill pass to see how that traditional order an order which it should be noted exists largely to prop up the global. Us dollar economic system would respond on june seventeenth. The world bank rejected a request from el salvador to help with implementation around there. Bitcoin law a spokesperson told reuters via email quote. We are committed to helping all salvador in numerous ways including for currency transparency and regulatory processes while the government did approach us for assistance on bitcoin. This is not something. The world bank can support given the environmental and transparency shortcomings. So this is self-evidently b. s. The energy thing is an easy patsy in the situation. But it's the addition of the transparency critique that makes us rings hollow bitcoins on chain. Ledger is massively more transparent than a traditional fiat system and given that it's clearly them just saying yeah no thanks. We're not touching this at the same time. The imf also said that it saw quote macroeconomic financial and legal issues with bitcoin proposal in july they went a little farther publishing a blog post that while not specifically mentioning el salvador was pretty clearly aimed at them. Crypto assets as national currency a. Step too here. Their main critiques. The most direct cost of widespread adoption of a crypto assets such as bitcoin is to macroeconomic stability if goods and services were priced in both a real currency and crypto asset households and businesses would spend significant time and resources.

el salvador Bitcoin crypto daily Beach between beach nick naib kelly lieber china Miami asante mike peterson El salvador Mahler muller Carter youtube Us Kelly jack legislature
"el salvador" Discussed on The Economist: The Intelligence

The Economist: The Intelligence

02:04 min | 10 months ago

"el salvador" Discussed on The Economist: The Intelligence

"El salvador today a world first. Bitcoin becomes legal tender. It's a personal campaign for president. Naib kelly who says the move will help both economic development and inclusion of the country's unbagged generally jobs and help provide financial inclusion thousands outside the formal economy that will take some convincing both the world and the imf have warned against the move worrying about economic stability and the cryptocurrencies notorious environmental costs. Many salvadorans aren't keen. Either at have protested against the policy and when nelson who writes about el salvador for the economist went out in the capital san salvador. He found plenty of people who simply weren't ready for store. Owner catalina tzavela said. She wasn't preparing for what's being cold day because she doesn't understand it she reckons. She'll eventually catch up as she did. Twenty years ago when the country made the us dollar the official currency him modest bit on that set some though or embracing the change. We've got one just outside san salvador. A store run by adela of and daniel has been taking bitcoin for months selling mostly to foreigners so she walks nelson through a purchase. The wall street correspondent. Alice fullwood says it's a bold experiment from a millennial leader with a growing reputation. Both good and bad for shaking things up three months ago. The president of el salvador ni- kelly announced at a bitcoin conference in miami. That el salvador was in the process of writing a law. That would mean. Bitcoin was accepted as legal

el salvador Owner catalina tzavela Alice fullwood Bitcoin el salvador ni san salvador salvadorian government adela fusi bitcoin leah nelson imf legislature daniel kelly miami congress
Bitcoin of the Realm: El Salvador's Experiment

The Economist: The Intelligence

02:04 min | 10 months ago

Bitcoin of the Realm: El Salvador's Experiment

"El salvador today a world first. Bitcoin becomes legal tender. It's a personal campaign for president. Naib kelly who says the move will help both economic development and inclusion of the country's unbagged generally jobs and help provide financial inclusion thousands outside the formal economy that will take some convincing both the world and the imf have warned against the move worrying about economic stability and the cryptocurrencies notorious environmental costs. Many salvadorans aren't keen. Either at have protested against the policy and when nelson who writes about el salvador for the economist went out in the capital san salvador. He found plenty of people who simply weren't ready for store. Owner catalina tzavela said. She wasn't preparing for what's being cold day because she doesn't understand it she reckons. She'll eventually catch up as she did. Twenty years ago when the country made the us dollar the official currency him modest bit on that set some though or embracing the change. We've got one just outside san salvador. A store run by adela of and daniel has been taking bitcoin for months selling mostly to foreigners so she walks nelson through a purchase. The wall street correspondent. Alice fullwood says it's a bold experiment from a millennial leader with a growing reputation. Both good and bad for shaking things up three months ago. The president of el salvador ni- kelly announced at a bitcoin conference in miami. That el salvador was in the process of writing a law. That would mean. Bitcoin was accepted as legal

Naib Kelly El Salvador Bitcoin San Salvador Owner Catalina Tzavela IMF Nelson Alice Fullwood Adela Daniel El Salvador Ni United States Kelly Miami
Bitcoin Faces Biggest Test as El Salvador Makes It Legal Tender

Bloomberg Daybreak Europe

02:24 min | 10 months ago

Bitcoin Faces Biggest Test as El Salvador Makes It Legal Tender

"el salvador" Discussed on WSJ Tech News Briefing

WSJ Tech News Briefing

03:59 min | 10 months ago

"el salvador" Discussed on WSJ Tech News Briefing

"So that's how the government is hoping it's going to work. How our everyday salvadorians reacting to this. I've seen at least three surveys showing that the vast majority and i'm talking about more than eighty percent of salvadorans are not in favor of these mischer. When i was in some other countries capital there was a group of veterans from the civil war like former enemies from the military. A marci's duggary. La's demonstrating together against bitcoin. They were essentially demanding better benefits pension benefits in particular on. They wanted to make sure that such payments won't be nominated embiid going as well. I have the chance to chat with to amaya who serve in the special forces of some other army. Someone on essentially said that el salvador lack the infrastructure and being such an impoverished country. It was really hard for someone to be able to use. Bitcoin us a means of payment. He essentially said that sallow next technology on the economic strength to undertake such as venture. So i guess that leaves. You know the other big question. Why is the government doing this. What is it said about. Its reasoning for making bitcoin legal currency so the government says these can lower costs for remittances which are quite important in a salvador and they also say that this can help bring foreign direct investment on innovation way. Some people think that as salvador will become the singapore central america a help for trade on technology. All right. let's talk about some of the potential downsides. One of the most obvious ones for anybody who's watched the movements of bitcoin is those price fluctuations they move a lot. How could that impact el salvador the international monetary fund. The imf has said that of thing crypto. Acids national currency can be quite dangerous innocence. Because you know having authority a central authority or a central bank whose task east to preserve stability. There are several risks. That range from the possibility that government coffers and tax revenue could be the pleaded because of such a sharp swings in the value of bitcoin. And also you have secured the risks because the will while it is essentially a centralized system so all the funds will be controlled by the government. So that can be really attractive for hackers one of the other risks of course is graft there are corruption allegations against some of the president's allies. Is they're concerned that using bitcoin is only going to foster that.

el salvador marci amaya singapore central america Bitcoin imf La army government
El Salvador Leads World in Adopting Bitcoin as Official Currency

WSJ Tech News Briefing

01:32 min | 10 months ago

El Salvador Leads World in Adopting Bitcoin as Official Currency

"Salvador is one of the poorest countries in the western hemisphere and relies heavily on remittances payments setback from workers in the united states since two thousand and one el salvador has used the us dollar after ditched its local currency the cologne. The country is not known for leading the world in financial innovation. But on tuesday it's set to become the first nation in the world to accept bitcoin as a national currency. The move has been celebrated by bitcoin fans across the globe but on the ground. The reaction has been different with protests and popping up in the capital. San salvador are deputy editor for latin america. Santiago perez recently visited the country to find out how the government plans to make this transition work. And why it's taken this bold move and he joins us now to discuss high santiago. Hello how are you today. I'm doing well This seems like a pretty big deal. El salvador is a country of more than six million people. Starting today. it's going to be the first in the world to accept bitcoin as legal currency. How is that going to work well to start this giant step for the evolution of bitcoin. So it is quite remarkable that such a tiny country embarking such experiment so as of september seventh of others. We'll have the option to either pay for services with us dollars which that became the national currency almost two decades ago or they can use bitcoin for

Santiago Perez Salvador El Salvador Cologne United States San Salvador Latin America Santiago Bitcoin
USMNT Stumbles out of the Gate

ESPN FC

01:45 min | 10 months ago

USMNT Stumbles out of the Gate

"Let's look back on the us as nil-nil draw with el salvador in world cup qualifying match of the octogonal round of concacaf world cup qualifying and to look back on everything. That went down he's sebastian. Salazar and hercules gomez. Thank you very much all right. A million ways to break down this first match of the qualifying cycle for the us. Let's start first by analyzing not the performance but the result itself a scoreless. Draw away against salvadoran. The first of three. Are you satisfied with it. Satisfied wouldn't be necessarily the word it's acceptable right. It's this road formula you steal steal away and you secure points at home so if we're going by that formula team that didn't qualify last world cup because they failed to secure points at home because they failed to steal points away then. Yeah by that standard. I wouldn't say satisfied. But it's an acceptable result. So yeah acceptable i mean. Isn't this the most talented generation of us players ever. Isn't it also the most accomplished at club level of all time at some point. Don't we have to the expectations. A little bit yeah. Let's be honest and say give level. Yes at club level by far. That's not even debate. Let's give go pederson salvador all the credit that you want. There's not a single player hurricane team. That's getting anywhere near the. Us eleven the us eighteen twenty six for these games. I mean you are so obsessed with where guys play you. Want to eat horvath who hardly plays a start over matt. Turner salvador has zero players playing top flight football in europe. Not top five league football light football in europe when you have such a decided advantage of the. Us doesn't tell there. Shouldn't the expectation beat to win. If now that vantage when will it be to win.

Hercules Gomez El Salvador Salazar United States Sebastian World Cup Pederson Turner Salvador Horvath Football Europe Matt
Overview of the Lightning Network With Kevin Rooke

The Pomp Podcast

01:40 min | 11 months ago

Overview of the Lightning Network With Kevin Rooke

"Let's get kevin on here and let's talk lightning network. Kevin what's going on. How are you good. Good to be on the show. Thanks for having me absolutely chatting lightning. Let's let's start with just give everyone kind of a quick overview of your background than what you do Kind of day to day right now just so people understand your perspective. Yeah so. I've been crippled for three or four years I've kind of watched the growth of lightening from the early days. Not really paying too much attention to it. Early on but Around earlier this year. I really got into it and started doing a lot of research on it and and that's a lot of what i do. Today is research and investing in crypto. And i started to notice in april in may when this el salvador news came out and all of a sudden the lightning networks. Have this real use case asserts. Notice the growth of the network and it's our default along with it and really down that rabbit hole and yes started studying it Got myself set up on lightly. Node starter routing payments and started Realizing that not only is dislike a much better user experience for moving money around on the bitcoin network. It is. it's really misunderstood. And so that was kind of piece. I wrote earlier. This week was about why why we are not really thinking of lightning in the correct lens. Were looking at it through the wrong lens and because of that we think it's a it's a smaller protocol that had actually is. There's a lot. Were activity avenue on it than people realize

El Salvador News Kevin
"el salvador" Discussed on Speaking of Bitcoin

Speaking of Bitcoin

04:59 min | 1 year ago

"el salvador" Discussed on Speaking of Bitcoin

"I wanted to discuss this in terms of relative benefit. Because you know. I don't want to be bedfellows with these fellows. But you know we're all on this planet with a bunch of nasty fellas and some of them are delivering surveillance digital payment systems on government controls coins to a billion people and controlling chunk of mining and mining pools. So it's all about relative good. But you know i think this is one of those classic double edged swords. There are some good things. Come out of this and perhaps so make it work. Perhaps the regulations that come out will shock us in their benevolence and foresight on all of that. But i wouldn't count on it because that's not how governments work usually i mean for me again. It comes back to this idea that if we expect governments to be perfect if we expect governments to do the exact bitcoin thing than work going to be disappointed right. There's like the abstract versus the kind of real life implementation to me that neutrality means that well this is el salvador's version of it but again once all salvador or does this basically one or two things are going to happen. It's gonna go really poorly and then that will probably dissuade other countries who have very similar dynamics in terms of why they would adopt something in this way like bitcoin and on the other side if it proves to be reasonably successful than we're likely to see a cascade of similar size nations with similar dynamics that choose to followed in each one of those might look to what el salvador did and then make their own set of rules that are based around that and so to your point about like well. Will they veto things..

el salvador salvador
"el salvador" Discussed on CoinDesk Podcast Network

CoinDesk Podcast Network

02:04 min | 1 year ago

"el salvador" Discussed on CoinDesk Podcast Network

"What happens when this a fork and assault or now has to decide which of the two bitcoins is bitcoin. And this is a very real problem and of course it means that. Then they have to decide. They're covered entities the entities that they mandated witch the two forks they follow and that completely messes with bitcoin neutrality. Now you have legislators making decisions about which of the consensus rules. A you said quite rightly all you need to do is follow the consensus rules. But when you have a law that says you have to use bitcoin. Nowhere in that law. Does it say we defined bitcoin as the one that has this genesis block or has this genesis block cans a supply capital twenty one or eighty of the other consensus rules. You know arguably people could show up in el salvador and say hi. Have bitcoin cash. I have bitcoin phen- and you must accept it. And then you have a very interesting conversation with the retailer as to which one is the real big code which i would just love to be there with a camera to that conversation. Well it's probably gonna happen. It's probably going to happen but the point at which this becomes a difficult conversation is when there's a four. Let's say this happened in july of twenty seventeen and then in august the twenty seventeen. The governments have el salvador comes out with the amendments law on the clarification of which. Bitcoin is bitcoin. And said actually. Bitcoin is this one and had to pick between bitcoin. Cash and bickering. Okay so i totally get your point. And i actually think that it's an excellent nuance to add here. But it actually. I think further emphasizes the point. That i wanna make which is that. Bitcoin as a technology is neutral. But the people who use it the people who integrated the people who write laws about it they are not neutral and they don't need to be neutral that's actually okay that they're not neutral the purpose of a neutral system. Isn't that everyone who touches it needs to retain the neutrality from the system the purposes that people can use it in over..

Bitcoin el salvador
The Fight For Abortion Rights In The Dominican Republic

Latino USA

02:12 min | 1 year ago

The Fight For Abortion Rights In The Dominican Republic

"The dominican republic has one of the harshest anti-abortion laws in the americas. Abortion isn't allowed. Under any circumstances only five other countries in the continent have such harsh restrictions on ending a pregnancy legally. That's haiti on dudas. Nicaragua jamaica and el salvador today. I'm joined by amanda. She's a dominican journalist and our former digital media at her here at let the usa. She's gonna tell us more about what's happening in her home country where she's based right now and what's going on in the fight for women's reproductive rights on the island. Hey amanda welcome to let him. Usa alumnia thank you for having me today. So amanda you've been following the protests that have been happening in the dominican republic since march and that's when women's rights activist set up an encampment in the capital in santo. Domingo more recently there was a national march where a lot of people in the protests. Were chanting something pretty particular. They were saying less. Today's cows silas which can basically be translated into the three grounds or the three circumstances. So that's a less three scou- sally's i mean it's like it's it doesn't roll right off of your tongue. I'm trying to think of ever used the word. Gauss silas anywhere in my life in spanish. And i'm like. I don't think i've ever used that word. So kisses to the last three days. Cow sally's yes. So the silence. Which was a word that i've personally gotten very used to saying because i've been in the middle of these protests They're basically three circumstances under which women would be allowed to have an abortion and these are considered sort of the basic circumstances right. So it's when there has been a case of rape or incest when the fetus non non-viable and when the health of the woman is at risk

Amanda Dudas Dominican Republic USA El Salvador Americas Nicaragua Jamaica Haiti Gauss Silas Domingo Santo Cow Sally Silas Sally
"el salvador" Discussed on The Heat

The Heat

08:25 min | 2 years ago

"el salvador" Discussed on The Heat

"He used to tell me if I wanted to kill you. So what you know. I am already gal supposedly. They released him right away. Whenever I went to station no beat up? They took over twenty five. Feels I feel like a nuisance worthless. I would just cry and cry all the time. In addition to having the highest rate of homicides in the World El Salvador also has one of the highest rates of violence against women victims of domestic abuse and rape. There have little recourse or hope to escape from a society dominated by gang culture machismo and finding digression towards women women. It's no surprise. Then that many women in El Salvador have sought more permanent solution. Sucide hello. I'm honored ninety. Welcome to the heat. PODCAST with us to talk about the plight of women in El Salvador is CG NITSA SORTA Peres. She'd recently produced a story for program. America's now which explores the lives of Salvadoran Salvadorian women trapped in an endless cycle of abuse and despair. And what if anything can be done about it. Thanks for joining us. Thanks for having me. This is a very moving sad emotional story. What drew you to it in the first place but it definitely is and first of all as the Latino female it's important important for me to report our issues unfortunately We're neglected in the media. So that's why was important for me to pitch and do the story three and basically what learned from researching and reporting on this is that. I'm truly lucky that I was born a female further north Amin to Spain born in Salvador it is a recipe for disaster for any woman. How widespread is violence against women in El Salvador to put all listen perspective? A third of its population lives in extreme poverty. Most women do not have access to higher education and as you mentioned the country has been labelled as one of the most violent in Latin America. Mark it does have the highest rate of femicides in the region and one out of three women are raped and most of them at Home before the age of eighteen. So that's how bad the situation is the story that I did for America's now it opened up with letty said she she was. She has a twenty four year old woman that I met in this very poor neighborhood of San Salvador the capital of Salvador we. We're not able to go in with the cameras. We can only walk around with the phones. we were introduced to this area of the city by a pastor of Of An Evangelical Church and when we got into that little apartment it was it was very dark and there is this pregnant woman Worrying an ankle bracelet and she was pregnant with her second child on house arrest The first boyfriend the father of her first child used to beat her. The second one is in jail. She couldn't find a job and when she's telling meal this all of a sudden I asked her. Have you ever for attempted against your life. And she just broke down and said yes and she said several times when my boy sleeping for me I broke down with her because this woman is eight months pregnant while she's telling me this and I asked her. Did you think about the life that you're bringing rethink about the baby that you have in your home and she said but what can you offer him. I have no hope. So this is my introduction to you of what I lived during that week week and a half. I was reporting Justin this subject. You know you have to a to some of the conditions that led to the Steph affairs lack of education economic factors and the fact that in many instances these take place in poverty stricken areas. Talk doctors about the cultural conditions in El Salvador. The particular ways in which society behaves that have made this such a problem as I said women do not have access to higher education for females. It's really hard to find a job. So that's why they tend to stay in that cycle of violence. Let these hoes explained to me the twenty four year old woman that she tried to find jobs but they don't pay well true she became. The've that's not the answer but she was completely desperate. She couldn't find a decent job. Take care of her four year old and the baby that was on the way also when this women are become victims of violence unfortunately there double victimized by the system some of them the ones that are brave enough to try to go to the police or to the cord. Basically you need to be beaten twice to be able to be listened and open case against your perpetrator. This women have to be abused twice so they can open a case against the boyfriend or whoever it is that's raping them so it is the legal system it starts at home when they are victims of rape sometimes the mothers the onstage. Not Listen to this younger women the family what they believe is well if we try to imprison this man then. We're not gonNA have the breadwinner so they have to choose many times between justice and making ends meet so that's why impunity is so high in Salvador you don't need to you. Didn't interview with the woman called me show. She chose to protect herself in a certain way. Let's listen to what she had to say presumed per diem for our whatever in prison. I lost my baby another other baby that I was going to have then. I wanted to leave everything behind because of the sun that I already had and because of his father he was very possessive. Komo Seattle Komo Bosisio. You go all the things that were happening. That were not part of who I was becoming. I didn't want that life for my son Komo to how did you become again. Member your job when I got in. I was approximately eleven years old old. That's it yes. When I was six my mom left my dad started dating another man that that man raped my sister and me? I left the house. Thanks to some friends of the same neighborhood. They helped me joy they see Vietnam and quote a story there. What else can you tell us about her out? Michelle story encompasses everything. That's wrong with those salvador. As she mentioned she was raped at the age of eleven by the stepfather. She went to her mother. The Mother didn't believe her she tries to commit suicide at that age at eleven with her sister after they failed then they decide to escape the house and the only place where they could find. Some respite was at a gang members housed house. Call the destroyers house in Salvador so what this two preteens learn that house violence. That's how they learn to survive survive then. She tries to commit suicide again while she's living in bad house because she's forced to things she doesn't want to do even off camera camera. I asked her. Have you killed anyone. And she admitted that she had and she's crying at this point and she tells me but if I did not kill them they were GonNa kill me so when you are raising that cycle of violence the question that I kept asking all these other scholars and other people people that I met in Salvador were to you start is it. Education is it given more upward mobility to the society. Women seem. I'm not to have a choice in Salvador the role of gangs. Yeah you got gangs such as MS thirteen. Become a part of everyday life in El Salvador Lou. How far this gang culture accessible to aggravate the problems of gender violence? I think it's a symptom of gender violence. It's pervasive evasive. The gangs Basically Control Salvador even though the government would never admit that everybody has to pay.

San Salvador El Salvador World El Salvador El Salvador Lou rape America Spain Komo Latin America Michelle story Seattle Vietnam Peres Justin letty