Morpheus from The matrix: "You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it." Neo is Satoshi
Your foolish - do you know the crime and drug lords that run that country-? If they approve this it will be only BTC as its the only ancient protocol crypto its because the crime lords have now taken over the politics completely
@@esteban8592 Yes only BTC because its only one with huge criminal asset holders from early on. They won't use ADA nor ETH or DOT or SOL as those cryptocurrency are safer to be used by businesses and have a governing system (criminals don't want this)
coin desk might be a wolf in sheep’s clothing. Every video I’ve seen with these reporters sound like the politicians are feeding them lines 😂😂😂😂 creating more FOMO. Keeping a close eye on you guys 👀
I can't believe how clueless this Coindesk guy is. Power in El Salvador is a government utility, and a natural resource. The power happens regardless of whether it's harvested or not, same as a river flows whether it turns a generator or not. The power is generated at 95% efficiency and the byproduct is water. Why would a government BUY gold if it could mine BTC at 95% efficiency with an abundant natural resource? Once mined the relative wealth of the Salvadorian people increases.
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Edan’s commentaries are point on. Remittances to Latin Am. countries can be made with Bitcoin (avoiding fees & increasing speed = better product) & can no longer be influenced, dominated by USD. There’s decades of resentment due to american imperialism in these countries, who have also been treated like puppets.
Haha exactly. This guy is a deplorable fool. He wears a tie and somehow he knows something? He is clueless. Let this priveledged dude from the USA. Have to depend on someone to send him money from 1000 miles away. And he cannot get a bank account and when he is likely to get robbed when he picks up his money. And the remittance company takes 30% of his money just to transmit it. And we would see his whiny voice change from why Bitcoin to please Bitcoin. And this woman trying to explain how the power brokers in charge are just concerned about us. This is laughable. People are losing their wealth every day from the US dollar. If she is really concerned. Then stop debasing the dollar.
You just lost your bet: "At least 77 million in Latin America’s rural areas have no Internet access MICHAEL KRUMHOLTZ Article Published: November 3, 2020"
@@mickeydrago9401 I said Central America, the article you shared is referring to Latin America (Central and South America), and specifically rural Latin America. But I was just speaking for myself. Where I live, I only have two options, none of them are direct wire connection. Both of them cost over $110 a month and you barely get enough bandwidth to watch UA-cam in 480p. So, I stand by my original comment.
@@mickeydrago9401 As I said in my previous comment, there are only two options where I live. And I can assure you, they are both crap (Viasat and GTek)- I'm in the waiting list for Starlink so hopefully things will get better. Also, there is full broadband access 10 miles from where I live, and I'm techie enough to be able to setup a point to point network, using long range antennas from Ubiquiti to make things better for me, but I wish I didn't have to do that.
@@garcesce Well you certainly live in a big ass state! Proud home of beating the Jimmy Carter 55 mph by 30 mph (certain interstate stretches)... Now you need some internet connectivity just as fast 😉 relatively speaking of course... Autobahn speed Cool that you live where you do and you have a real plan to beat all the rural folks around you when it comes to telecommunications 😉
Both bitcoin and the usd currently exhibit volatility. the difference is that btc has gain gained value of 32,000 % while dollar has decrease by about 10% in the same timeframe.
I know, Guatemala, Argentina, Paraguay, Panamá, Honduras and India are considering used Bitcoins. Imitating or following the example the Nation of El Salvador. Most of USA banker are not happy about not using traditional way, avoiding the middle companies.
Seems like a lot of experts in the comments lost the point. I know coindesk might have a questionable reputation for time to time. But they are asking the question that many potential new comers ask themselves before decided to get into crypto or btc.
These people have to work on their presentation skills. Very disjointed, interrupting each other. The guest was very well informed and the coindesk people didn't do him justice.
To the Coindesk guy's point: 1. Workers from El Salvador in the US are paid in dollars. 2. Internet access in El Salvador is limited. 3. El Salvador still won't have its own currency. Me: 1. What El Salvador is doing is good so as long as it doesn't enforce its own lightning network as a country specific digital currency in order to control the population.
I bought 2 sov tokens on his sovryn trading platform after hearing this guys speech at bitcoin 2020 conference. I think hes building great things i hope people get involved in sovryn and use the rsk network so my sov gets value haha!
Puta madre es cierto . Si seguimos pagando $10 por mandar $100. Cuando vamos ayudar alos mas pobres . Muy inteligente jugada la de el presidente bukele.
Bitcoin has never had a bailout never had government assistance etc. I would say that alone says that bitcoin is far superior then fiat/$hit coin is far inferior
Unfortunately. Gangs killing people every day in the streets of San Pedro Sula and nobody cares. Meanwhile the Biden administration trying to reverse in El Salvador all the good work again those criminals Telling to the President to reinstall the corrupt politicians in the justice department. And redirecting the aid to ONGs that are belong to the opposition.
Any business which cannot accept the Volatility risk, would just transfer imidiately into usd and keep perhaps 10% in BTC for long term holding in the business. Volatility is only a short term problem. But is is a problem.
@@keldonn2 When it came to El Salvador And the Sovereignty/ dollar question and response amongst a few things he missed the fact that even though BTC is volitile the remittance fees can be up to 20% once complete which in most cases would cover BTC volatility. I only heard the word remittance once from the host who kept extolling the virtues of the dollar. So no he missed key points.
When BTC hits $1 Million/BTC the total market cap will be $21 Trillion! That is twice the market cap of global Gold supply. BTC at $1 Million/BTC will be much less volatile.
Coindesk questionnaire come on you can do better than this, El Salvador Bitcoin law states that all merchants should accept Bitcoin for transactions. All government workers will be received their salaries in Bitcoin so how can Gold be an alternative? They are using Bitcoin lightning network for all transactions which means interest free or pay insignificant transactions fees.
Is all about money nothing else, does not matter the name USD, BTC, etc. If you can save one penny by using BTC or any other way of money or equivalent money you will go for it. The corruption including government one has always been there so is just a matter of money and human nature.
Bitcoin is 1,000 times better than Gold because people can buy bitcoin $100 or $200 Or 10,000 Gold you have to buy one once Bitcoin you can send to anywhere $100 just like that Gold you cannot send $100 lol 🤷♂️
Economic colonialism is overturned with a Nation establishes means by which ordinary people can utilize the ability use their wealth to transact on a local and international level.
Do these interviewers not understand bitcoin just a tiny bit ... the questions are ill informed it appears and as if no knowledge is present. Don't you know what has happened to the value of the dollar during the past few decades ?
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We need more countries like El Salvador to wake up!
Morpheus from The matrix:
"You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it."
Neo is Satoshi
The companies that operate in El Salvador have to accept payments in crypto as well. This is big.
Only bitcoin, no other cryptos
Bitcoin, not ‘crypto’
This is a start, who knows...
Your foolish - do you know the crime and drug lords that run that country-?
If they approve this it will be only BTC as its the only ancient protocol crypto its because the crime lords have now taken over the politics completely
@@esteban8592
Yes only BTC because its only one with huge criminal asset holders from early on.
They won't use ADA nor ETH or DOT or SOL as those cryptocurrency are safer to be used by businesses and have a governing system (criminals don't want this)
Hello what's the best way to get started with trade cos I've been making my personal research for a while now
I can't wait to become rich if all these about her is absolutely true
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this woman must be exceptional for people to talk about her like this
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and how can I reach her ?
Nice question...she’s in a better position to give answer to that + 1 4 0 6 2 2 9 4 9 4 3
Viva el Salvador!
I-N-V-E-S-T~l-N°~ B-l-T-C-0-l-N-
F-O-R-H-E-L:P*«A+N-D-~G-U-l+D-A-N-C-E.
W-H A T S A+P-P. C-0-N-T-AC-T=
+1-8-3-2 5-8-2-0-7-7-1~
Hi
coin desk might be a wolf in sheep’s clothing. Every video I’ve seen with these reporters sound like the politicians are feeding them lines 😂😂😂😂 creating more FOMO. Keeping a close eye on you guys 👀
Ive noticed that as well.
@@fromagperspective9428 Coin Desk dude said why not gold. Total establishment wanna be. They love to be controlled.
@@martian31v5 And he gave a weak response that was an opportunity to bust him up side the head and add the counter esg BS as icing.
Coindesk has been an establishment shill since 2016, when they were bought out by venture capital. Not saying they're aren't getting worse, however...
also very maximalist narratives always. We don't need tribalism. "only bitcoin is designed in a secure way". WTF
El Salvador has opened up the flood gates.
Dude enough with the scamming
Just buy bitcoin instead. Maybe you can learn something from a hard days work
I can't believe how clueless this Coindesk guy is. Power in El Salvador is a government utility, and a natural resource. The power happens regardless of whether it's harvested or not, same as a river flows whether it turns a generator or not. The power is generated at 95% efficiency and the byproduct is water. Why would a government BUY gold if it could mine BTC at 95% efficiency with an abundant natural resource? Once mined the relative wealth of the Salvadorian people increases.
Only so many people can mine... others will be mining gold too..
Amazing speaker Edam Yago, thank you!
I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
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I love El Salvador
Where did these two reporters come from they should be fired
Hi
My first investment with Ms Elizabeth gave me profit of over € 44,000 and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
This is a refreshing coincidence, I invest with Mrs Elizabeth and they are quite a good deal for me too.
My growing love for crypto caused me to explore until I came across Mrs Elizabeth (although I'm trying to avoid sensationalism) they are by far the best. No hype for hype's sake, but great inspiration to trade Crypto.
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@Helen L. Gabbard If you haven't invested into bitcoin already you are late but its better late than never
The establishment will always oppose Bitcoin because it will democratize finances.
I-N-V-E-S-T~l-N°~ B-l-T-C-0-l-N-
F-O-R-H-E-L:P*«A+N-D-~G-U-l+D-A-N-C-E.
W-H A T S A+P-P. C-0-N-T-AC-T=
+1-8-3-2 5-8-2-0-7-7-1~
Crypto is freedom.
How dare you try to be free!
"Why not gold?" - How do you send gold through the internet?
Hi
Edan’s commentaries are point on. Remittances to Latin Am. countries can be made with Bitcoin (avoiding fees & increasing speed = better product) & can no longer be influenced, dominated by USD. There’s decades of resentment due to american imperialism in these countries, who have also been treated like puppets.
El Salvador will become the new Switzerland 🇨🇭.
New Greece, they are going to bankrupt…
“Part of an establishment of power which is threatened by this new alternate system” … such an important quote.
🇸🇻💕 my country, God bless El salvador
Hi
Praying for my BTC brothers south of the border….. dealth to the deep state.
Wow! Put a tie on a person really chokes out their ignorance…
Haha exactly. This guy is a deplorable fool. He wears a tie and somehow he knows something? He is clueless. Let this priveledged dude from the USA. Have to depend on someone to send him money from 1000 miles away. And he cannot get a bank account and when he is likely to get robbed when he picks up his money. And the remittance company takes 30% of his money just to transmit it. And we would see his whiny voice change from why Bitcoin to please Bitcoin.
And this woman trying to explain how the power brokers in charge are just concerned about us. This is laughable. People are losing their wealth every day from the US dollar. If she is really concerned. Then stop debasing the dollar.
Hi
Awesome job, Eden! 👏
Can we get interviewers who ask good questions
Hi
This guys gets it
And as usually the talking heads are clueless
IMAGINE defending a politician in the middle of an interview!!!
Im not sure they are clueless. They just represent the establishment and need to make bitcoin look bad
Access to the internet? I live in rural Texas and I bet most people in Central America have better internet access than I do.
You just lost your bet:
"At least 77 million in Latin America’s rural areas have no Internet access
MICHAEL KRUMHOLTZ Article Published: November 3, 2020"
There are 160 internet Options in Texas
@@mickeydrago9401 I said Central America, the article you shared is referring to Latin America (Central and South America), and specifically rural Latin America. But I was just speaking for myself. Where I live, I only have two options, none of them are direct wire connection. Both of them cost over $110 a month and you barely get enough bandwidth to watch UA-cam in 480p. So, I stand by my original comment.
@@mickeydrago9401 As I said in my previous comment, there are only two options where I live. And I can assure you, they are both crap (Viasat and GTek)- I'm in the waiting list for Starlink so hopefully things will get better. Also, there is full broadband access 10 miles from where I live, and I'm techie enough to be able to setup a point to point network, using long range antennas from Ubiquiti to make things better for me, but I wish I didn't have to do that.
@@garcesce
Well you certainly live in a big ass state! Proud home of beating the Jimmy Carter 55 mph by 30 mph (certain interstate stretches)... Now you need some internet connectivity just as fast 😉 relatively speaking of course... Autobahn speed
Cool that you live where you do and you have a real plan to beat all the rural folks around you when it comes to telecommunications 😉
The way this genius described Elizabeth Warren in the end. Spot on!
Maybe the most important conversation in the world right now. This guy knows his shit and is very well spoken.
Is Coindesk an anti-crpto channel? Their questions sounded like FUD.
The guy in the suit and tie sounded like a bumbling idiot. Lol
Once we start paying salaries in BTC; should see folks get back to work quickly.
USD 😒- pay me in BTC and I’ll work for you. 👍
Hi
Truu
This is just the beginning. This is how the adoption starts.
What protects the holders of dollars from loss of purchase power?
Both bitcoin and the usd currently exhibit volatility. the difference is that btc has gain gained value of 32,000 % while dollar has decrease by about 10% in the same timeframe.
You killed it Edan! 👍
I know, Guatemala, Argentina, Paraguay, Panamá, Honduras and India are considering used Bitcoins. Imitating or following the example the Nation of El Salvador. Most of USA banker are not happy about not using traditional way, avoiding the middle companies.
India?? I no think it
Seems like a lot of experts in the comments lost the point. I know coindesk might have a questionable reputation for time to time. But they are asking the question that many potential new comers ask themselves before decided to get into crypto or btc.
These people have to work on their presentation skills. Very disjointed, interrupting each other. The guest was very well informed and the coindesk people didn't do him justice.
Hi dear
EL Salvador means "The Savior" 🇸🇻
Savior of Bitcoin 😆
FMI out of Latin America!! Latin America is free !!
To the Coindesk guy's point:
1. Workers from El Salvador in the US are paid in dollars.
2. Internet access in El Salvador is limited.
3. El Salvador still won't have its own currency.
Me:
1. What El Salvador is doing is good so as long as it doesn't enforce its own lightning network as a country specific digital currency in order to control the population.
T.h.a.n.k.s f.o.r w.a.t.c.h.i.n.g
F..o.r m.o.r.e g.u.i.d.a.n.c.e
**+**1**4*7*0**4*9*9**4*8*3*3***📈
W•A•T•S•A•P
EDAN said it perfect, and the risk is holding USD when NO politician is responsible or accountable.
I bought 2 sov tokens on his sovryn trading platform after hearing this guys speech at bitcoin 2020 conference. I think hes building great things i hope people get involved in sovryn and use the rsk network so my sov gets value haha!
WHY NOT GOLD??????? ugh do they not understand the issue?? Who the hell has access do gold????? How do you transfer gold from CA to ES in seconds????
They've been using Monero for years in Panama - mainly for dodgy stuff, but still - it's progress of a sort.
Bitcoin 12 years ago how much $300
Now bitcoin $35,000
12 years ago Gold was $1,200 now $1,800
See the Differents lol 😝🤷♂️
Gold is undervalued. Its been manipulated by the people on top. Gold is worth 10X or more right now. So is Silver.
the hardest questions they could come up with. Wish they did that for kamala and joe, or anyone else in the establishment
Puta madre es cierto . Si seguimos pagando $10 por mandar $100. Cuando vamos ayudar alos mas pobres . Muy inteligente jugada la de el presidente bukele.
Bravo! WELL SAID.
Glad he put Elizabeth Warren in her true place.
T.h.a.n.k.s f.o.r w.a.t.c.h.i.n.g
F..o.r m.o.r.e g.u.i.d.a.n.c.e
**+**1**4*7*0**4*9*9**4*8*3*3***📈
W•A•T•S•A•P
Bitcoin has never had a bailout never had government assistance etc. I would say that alone says that bitcoin is far superior then fiat/$hit coin is far inferior
I know, BTC sort of destroys the entire IMF business model
Honduras will never pass this kind of law. They serve the US 100%
Unfortunately. Gangs killing people every day in the streets of San Pedro Sula and nobody cares.
Meanwhile the Biden administration trying to reverse in El Salvador all the good work again those criminals
Telling to the President to reinstall the corrupt politicians in the justice department.
And redirecting the aid to ONGs that are belong to the opposition.
Salvador ..la verdadera revolution Salvador #1 bit coin
The lack of understanding of the basics of bitcoin by both interviewers is incredulous 😆
Hi
Excellent
T.h.a.n.k.s f.o.r w.a.t.c.h.i.n.g
F..o.r m.o.r.e g.u.i.d.a.n.c.e
**+**1**4*7*0**4*9*9**4*8*3*3***📈
W•A•T•S•A•P
One day the whole world will be using the online money good thing for El Salvador 🇸🇻
This guy did a great job calling out Elizabeth Warren
T.h.a.n.k.s f.o.r w.a.t.c.h.i.n.g
F..o.r m.o.r.e g.u.i.d.a.n.c.e
**+**1**4*7*0**4*9*9**4*8*3*3***📈
W•A•T•S•A•P
Good job on schooling these plugs Edan! And to you, CoinDesk, with your plug journalists - How much was it to sell your souls?
T.h.a.n.k.s f.o.r w.a.t.c.h.i.n.g
F..o.r m.o.r.e g.u.i.d.a.n.c.e
**+**1**4*7*0**4*9*9**4*8*3*3***📈
W•A•T•S•A•P
🇸🇻🇸🇻🇸🇻🇸🇻🇸🇻🇸🇻✊🏽✊🏽✊🏽✊🏽✊🏽✊🏽
Any business which cannot accept the Volatility risk, would just transfer imidiately into usd and keep perhaps 10% in BTC for long term holding in the business. Volatility is only a short term problem. But is is a problem.
Two CIAish Agents vs. 1 Normal Citizen
They should make a decentralized rideshare like uber & call it bitshare
That accepts crypto
That’s a great idea.
@@dougtr3 thanks 😊
the hosts of CoinDesk are pathetic
Don knows that BTC really isn’t the currency layer, but a ‘store of value’ layer. Lightning Network sure, but nobody is using BTC for a $100 purchase.
Why does it feel like the people at coin desk are clueless.
Bahamas, Antigua, Cayman islands?
Bitcoin High was $63,000
Gold High was $2,100
Hahahaha 🤷♂️
You are exactly the type of fool I am so happy exists.
@@gga449 😂😂 yeah
Fire 🔥🔥🔥
Bitcoin is freedom. The dollar is prison.
The US Dollar is war and poverty all over the world
Dude is not a good BTC spokesperson, he should brush up on Michael Saylor vids.
I disagree, he explained it in a very simple, direct and powerful way
@@keldonn2 When it came to El Salvador And the Sovereignty/ dollar question and response amongst a few things he missed the fact that even though BTC is volitile the remittance fees can be up to 20% once complete which in most cases would cover BTC volatility. I only heard the word remittance once from the host who kept extolling the virtues of the dollar. So no he missed key points.
why not gold?
b/c we're not frikken cavemen.
Why not gold ? ... are you kidding me ? ... have you ever tried to send gold to a family member?
If the NY state attorney can get Tether, why not the SEC? They are waiting to see how XRP pans out, then Tether will be next.
When BTC hits $1 Million/BTC the total market cap will be $21 Trillion! That is twice the market cap of global Gold supply. BTC at $1 Million/BTC will be much less volatile.
These hosts are something....
T.h.a.n.k.s f.o.r w.a.t.c.h.i.n.g
F..o.r m.o.r.e g.u.i.d.a.n.c.e
**+**1**4*7*0**4*9*9**4*8*3*3***📈
W•A•T•S•A•P
I thought this is coindesk.. the reporters 🤦🏻♂️ unsubscribed
Let’s go 🚀 🚀
T.h.a.n.k.s f.o.r w.a.t.c.h.i.n.g
F..o.r m.o.r.e g.u.i.d.a.n.c.e
**+**1**4*7*0**4*9*9**4*8*3*3***📈
W•A•T•S•A•P
Is this not the guy who was talking against thei US Government?
WoW..
Coindesk questionnaire come on you can do better than this, El Salvador Bitcoin law states that all merchants should accept Bitcoin for transactions. All government workers will be received their salaries in Bitcoin so how can Gold be an alternative? They are using Bitcoin lightning network for all transactions which means interest free or pay insignificant transactions fees.
The IMF (regarding Bitcoin and Crypto) i-they are obviously afraid of loosing their lucrative kickbacks-thats why they may voice concerns now!
Is all about money nothing else, does not matter the name USD, BTC, etc. If you can save one penny by using BTC or any other way of money or equivalent money you will go for it. The corruption including government one has always been there so is just a matter of money and human nature.
The guy from Coindesk can’t even put sentences together without going through a huge struggle 🤣
This is all about paying foreign debt while giving the appearance of solvency at home.
EL SALVADOR PRESIDENT BUKELE BRAVO ... BITCOIN. 👏👏👏👏
This video lost all credibility as soon as she mentioned Elizabeth Warren...
I wonder how will be the talking if the bitcoin it is at its peak the focus will be very different
Edan Yago gets it. The two on the lest don't have a clue, as they are a part of a system run by the 'club'.
Bitcoin is 1,000 times better than Gold because people can buy bitcoin $100 or $200
Or 10,000 Gold you have to buy one once
Bitcoin you can send to anywhere $100 just like that Gold you cannot send $100 lol 🤷♂️
9:40 Policy makers and "experts" are definitely not experts.
T.h.a.n.k.s f.o.r w.a.t.c.h.i.n.g
F..o.r m.o.r.e g.u.i.d.a.n.c.e
**+**1**4*7*0**4*9*9**4*8*3*3***📈
W•A•T•S•A•P
El Salvador GDP under 30 Billion Dollars...
CoinDesk backing the global hegemony?
Gold is slow and has a big front load and storage cost. Gold Jewelery is out of style. Cryptos pay dividends and is transferable unlike gold
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Investing in crypto is a more lucrative way of making money
Absolutely right , I got 70% of my total portfolio in crypto and I have been making good profits
I wanted to trade crypto but got confused by the fluctuations in price
That won't bother you if you trade with a professional like Mr Alex Thompson
I heard that his strategies are really good
Yeah
My first Investment with Mr Alex Thompson made me profits of over $24,320 US dollars and ever since then he has Been delivering
Dude Host in glasses must missed on bitcoin 💁🏼♂️🤔
Economic colonialism is overturned with a Nation establishes means by which ordinary people can utilize the ability use their wealth to transact on a local and international level.
Why not gold??!!!🤪 Really??!! 🤦🏻♂️
If you understand bitcoin, unsubscribe from coindesk. It's an echo from the old world.
The other fool doesn't understand. BTC can be used as a parallel payment system, like the UK pound and Euro in UK. Common and simple.
Do these interviewers not understand bitcoin just a tiny bit ... the questions are ill informed it appears and as if no knowledge is present. Don't you know what has happened to the value of the dollar during the past few decades ?
hurdles like access to the internet.. LOL
T.h.a.n.k.s f.o.r w.a.t.c.h.i.n.g
F..o.r m.o.r.e g.u.i.d.a.n.c.e
**+**1**4*7*0**4*9*9**4*8*3*3***📈
W•A•T•S•A•P
Monero - is all you really need
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