Jaime

Learning #Bitcoin everyday | El Salvador | Canada

Public Key

npub1fh2wa2w9trtf6255rhednzem3ncly7y7zrfzvrsxxeh52jpspfyqy6q9hg

NIP-05 Address

jaimegarcia@nostrplebs.com

Profile Code

nprofile1qqsym48w48z4345a922pmuke3vaceu0j0z0pp53xpcrrvm69fqcq5jqprpmhxue69uhhqatzd35kxtnjv4kxz7tfdenju6t0fm4rf3

Publishing to

public.relaying.io

Author Public Key

npub1fh2wa2w9trtf6255rhednzem3ncly7y7zrfzvrsxxeh52jpspfyqy6q9hg

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Last Notes

2024-04-20 23:05:09 UTC

EL SALVADOR MOVES BITCOIN RESERVES TO COLD STORAGE VAULT
MAR 18, 2024
El Salvador has officially taken self custody of a large portion of their national Bitcoin treasury.
Article on @npub1t8a…56yu
https://bitcoinmagazine.com/el-salvador-bitcoin-news/el-salvador-moves-bitcoin-reserves-to-cold-storage-vault

2024-04-20 23:03:54 UTC

NAYIB BUKELE’S LANDSLIDE WIN IN BITCOIN COUNTRY FRAUGHT WITH NEW AND OLD CHALLENGES
FEB 5, 2024
Now that Nayib Bukele has officially been re-elected as President of El Salvador, there are many issues yet to address in following through with the policy platform he began in his first term.
Article in @npub1t8a…56yu
https://bitcoinmagazine.com/el-salvador-bitcoin-news/nayib-bukeles-landslide-win-in-bitcoin-country-fraught-with-new-and-old-challenges

2024-04-20 23:02:23 UTC

DE GUEVARA IS BITCOIN COUNTRY’S INTERIM PRESIDENT AS BUKELE STEPS DOWN TO RUN
DEC 1, 2023
President Bukele has received legal permission to step down and run for re-election, with an interim president appointed to finish the rest of his first term.
Article on @npub1t8a…56yu
https://bitcoinmagazine.com/el-salvador-bitcoin-news/de-guevara-is-bitcoin-countrys-interim-president-as-bukele-steps-down-to-run

2024-04-20 23:00:52 UTC

MILEI'S PRESIDENCY: IMPLICATIONS FOR ARGENTINA, EL SALVADOR, AND BITCOIN ADOPTION
NOV 21, 2023
Many are excited about the potential for a second Bitcoin President in Latin America, but there are reasons to be more skeptical and cautious before cheer leading.
Article on @npub1t8a…56yu
https://bitcoinmagazine.com/culture/mileis-presidency-implications-for-argentina-el-salvador-and-bitcoin-adoption

2024-04-20 22:59:33 UTC

BUKELE LIKELY TO STEP DOWN AS PRESIDENT TO SEEK A SECOND TERM
OCT 23, 2023
The Supreme Court of El Salvador introduced requirements preventing campaigning and holding the office of the President simultaneously.
Article on @npub1t8a…56yu
https://bitcoinmagazine.com/el-salvador-bitcoin-news/bukele-likely-to-step-down-as-president-to-seek-a-second-term

2024-04-20 22:57:15 UTC

EL SALVADOR'S BITCOIN REVOLUTION: TWO YEARS AS LEGAL TENDER
Two years after adopting Bitcoin as legal tender, El Salvador has undergone a massive transformation
Article on @npub1t8a…56yu
https://bitcoinmagazine.com/el-salvador-bitcoin-news/el-salvadors-bitcoin-revolution-two-years-as-legal-tender

2023-10-06 19:33:14 UTC

Dare to Dream: A Film Unveiling the Genesis of Bitcoin Beach https://bitcoinmagazine.com/el-salvador-bitcoin-news/dare-to-dream-a-film-unveiling-the-genesis-of-bitcoin-beach

2023-07-01 22:26:10 UTC

Happy weekend! 🇨🇦 🇺🇸 🇸🇻

2023-06-19 15:58:50 UTC

Good morning. Have you ever wondered what Liquid-Bitcoin is? Or Wrapped-Bitcoin? Here is a comparative analysis … Here is my attempt to write an article on Bitcoin that is not about El Salvador. Let me know your thoughts. I took a lot of time into researching this topic and writing a summarized article on a topic that goes very deep. Trying to get out of my comfort zone and diversify my one-trick pony set of articles. Hope you like it and learn something on the topic. https://bitcoinmagazine.com/guides/liquid-vs-wrapped-bitcoin

2023-05-03 05:04:22 UTC

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I write that piece. I was surprised that they published it.

2023-05-03 05:00:13 UTC

My latest article on Bitcoin Magazine:
ORDINALS ARE AN ATTACK ON EL SALVADOR’S BITCOIN MISSION
Support for a government-supported Ordinal collection from El Salvador demonstrates misunderstanding of what Bitcoin is really for.
https://bitcoinmagazine.com/culture/ordinals-hurt-el-salvador-bitcoin-mission

2023-04-27 04:25:03 UTC

I wrote an article titled, “Ordinals are an attack on El Salvador’s Bitcoin mission.” It will be published soon. I took a deep dive into Ordinals to better understand the protocol to write the article. Looking forward to hearing from Nostr on this.

2023-04-10 17:30:17 UTC

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Are you finally backing up the truck? Or are we going down to 5K?

2023-04-05 00:45:44 UTC

Any thoughts on how nostr is major way to doxx yourself?

2023-03-29 16:13:49 UTC

I just zapped everyone that follows me that I can tell are bitcoiners. I chose not to zap if you didn’t have a post, or if you had “crypto” in your name or profile.

2023-03-29 14:16:36 UTC

Thanks for whoever zapped me 1000. Any zaps I give back to other plebs or to @MyFirstBitcoin. It’s the communist in me of course. 👈 That’s a joke.

2023-03-29 14:14:34 UTC

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The US designed most Latin American constitutions with the objective of installing puppet dictators in the guise of democracy. In El Salvador these were picked from the Military School graduating classes and the land owning oligarchy with close economic ties to the US and coffee production.

2023-03-28 19:00:41 UTC

SHOULD BITCOINERS SUPPORT NAYIB BUKELE’S ATTEMPT AT RE-ELECTION?
El Salvador President Nayib Bukele is receiving criticism for seeking a second term. But should the Bitcoin community stand by him?
SEP 20, 2022
https://bitcoinmagazine.com/culture/should-bitcoiners-support-bukele

2023-03-28 18:59:02 UTC

ONE YEAR LATER: THE SUCCESS OF MAKING BITCOIN LEGAL TENDER IN EL SALVADOR
One year since adopting bitcoin as legal tender, El Salvador’s grand experiment is having a wide range of success.
SEP 7, 2022
https://bitcoinmagazine.com/culture/el-salvador-bitcoin-one-year-later

2023-03-28 18:58:07 UTC

CENTRAL BANKERS DESCEND ON EL SALVADOR TO LEARN ABOUT BITCOIN AND FINANCIAL INCLUSION
Financial representatives of 44 countries visited El Salvador and saw firsthand how the country’s Bitcoin adoption is changing it for the better.
MAY 25, 2022
https://bitcoinmagazine.com/markets/el-salvador-central-bank-bitcoin-summit

2023-03-28 18:56:23 UTC

HOW EL SALVADOR IS FIXING CHIVO WALLET, TRYING TO GET BITCOIN ADOPTION BACK ON TRACK
El Salvador tapped crypto software firm AlphaPoint to fix numerous problems with its state Chivo wallet and help citizens adopt Bitcoin.
MAR 14, 2022
https://bitcoinmagazine.com/business/el-salvador-fixing-chivo-bitcoin-wallet

2023-03-28 18:54:56 UTC

DESPITE CRITICISMS, EL SALVADOR IS NOT FORCING ITS CITIZENS TO USE BITCOIN
Understanding El Salvador’s Bitcoin Law and dispelling FUD around Bitcoin adoption.
JAN 24, 2022
https://bitcoinmagazine.com/business/el-salvador-is-not-forcing-bitcoin-use

2023-03-28 18:54:05 UTC

I’m gonna put some of my old Bitcoin Magazine articles on nostr. Enjoy

2023-03-24 18:26:33 UTC

Welcome to El Salvador 🇸🇻 Greenpeace! This is #Bitcoin Country! https://pbs.twimg.com/media/FsAUGciWAAomvpZ?format=jpg&name=large

2023-03-07 21:57:15 UTC

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I remember everyone piling on Sweden asking them why they were playing with people life and their top virologist’s response said something along the the lines that Swedes were in fact not participating in this silly lockdown experiment, that it was the rest of Europe playing with their population’s lives.

2023-03-07 21:54:16 UTC

As of now, all my Zap Sats are being donated to MyFirstBitcoin (MiPrimerBitcoin) in El Salvador.

2023-03-07 21:53:23 UTC

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Thank you sir! All my Zap Sats are being donated to MyFirstBitcoin (MiPrimerBitcoin) in El Salvador

2023-03-07 21:45:54 UTC

Zap, zap, zap, zap, zap ⚡️

2023-03-06 04:27:11 UTC

😂 Chris Rock just delivered a stand-up show a la 90s

2023-03-03 15:25:18 UTC

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It’s not the Bitcoin Utopia some claim it is, especially once you leave the circular economy communities, but it’s going much better than detractors say. In fact, things are looking up.

2023-03-03 14:49:06 UTC

If any #Bircoiners wanna know what’s really going on in El Salvador, based on the law, and from a Salvadoran perspective, ya’ll know where I’m at. The Fudsters are working overtime.

2023-02-27 20:13:12 UTC

People need to stop LARPing when it comes to El Salvador🇸🇻!
A few crucial things happened to get to this point, that is:
➡️ El Salvador decreasing its murder rate and becoming the safest country in Latin America …
➡️ The “mega prison”
1) Nayib Bukele who had no allies in the previous Legislative Assembly, had to win a mandate in the legislative elections. Salvadorans gave Bukele’s party Nuevas Ideas & allies a democratically elected super majority. That election held in 2021 were observed & vetted by international bodies and deemed as free & fair.
2) Rid of Corrupt Judges. Only a super majority in the assembly can replace the Supreme Court & judges, so after winning the 2021 elections, Nueva Ideas swiftly proceeded to purge all judges who were corrupt, or compromised. This approach was necessary, as there was ample evidence that many judges were part of the catch & release scheme that could never properly convict criminals.
3) Strengthen the police & military. Not only to properly equip them, as they would often be afraid to take on gangs who were equally or better equipped, but also boost the morale & salaries, to recognize their service as dignified & be less prone to bribes. As an aside, some will remember the exaggerated pictures of when Bukele went into the legislature & the moniker of dictator was slapped on him. He was there asking for funding to fight the gangs
4) Before the current efforts, prisons, like everywhere in the world, were criminal universities. In fact, they were headquarters for running their organizations & order criminal activities. They were run by criminals with many benefits including Cable TV and Cell Phones, they even held private prison parties with alcohol & drugs. These privileges were all taken away taken away by Bukele’s order. Additionally, a widespread communication effort was carried out inform Salvadorans of the financial costs of incarceration. From that point forward, the government was ensuring that people knew that prison would not be for free. Within prison, they would have to earn their sustenance.
5) From a lawmaking perspective, the introduction of stiffer penalties for gang related crimes was enacted, including defining gang activity as terrorism, as they literally terrorized the population.
6) The state of exception. Asked for by the executive and approved by a 3/4 majority of the assembly, a high mark to pass by any measure. It expires every 30 days, therefore, requested by the executive and renewed before expiry. The SoE allows for one key thing: to extend habeas corpus from 72 hours to 15 days. This is crucial to avoid catch & release and deal with the backlog of judicial proceedings created by years of neglect & corruption. If you’re not familiar with habeas corpus, it’s essentially the concept that the state cannot arbitrarily detain you without probable cause and evidence, and that your detainment must be dealt within a speedy manner. This is actually a good thing, but this right was being abused by criminals and corrupt judges and many walked with impunity as a result. This is the one key element that has put many of these gangsters in jail, but only because all of the other points were in place beforehand. It must be noted that arrests need probable cause & a judge looks at the evidence & decides if it meets the test for conviction. If the arrested doesn’t get in front of a judge within 72 hours, then they walk free, regardless of the strength of the evidence. AKA Catch & Release
7) The building of the CECOT - Terrorism Confinement Center was an absolute necessity for El Salvador to separate gang members who were convicted and could not be rehabilitated, from those who were still being processed and could actually reintegrate back into society. the concept that any innocent person is held at CECOT is simply untrue or at very best highly unlikely.
Finally, if you want to learn more & verify that what I’ve written is accurate, don’t take my word, or Bukele’s, or an activist or a politician, because they have some vested interest. Instead, ask an average Salvadoran. An average Salvadoran is the true expert in the subject. 🔚