The founder of the second largest cryptocurrency ethereum (ETH)Vitalik Buterin recently spoke out on social media platform Reddit against the government’s adoption of bitcoin in The Savior. In addition, he lashes out at ‘bitcoin maximalists’ who wholeheartedly support the developments in El Salvador.
The Savior
A while back, the Central American country of El Salvador made history by becoming the first country to bitcoin (BTC) accepted as legal tender. In addition, the government there has tried with all its might to accelerate adoption among the population in El Salvador.
For example, companies were obliged to accept payments with cryptocurrencies. This while the vast majority of these companies were not waiting for this at all.
This was not always without problems. A large part of the population sees no benefit in bitcoin and the resists against President Nayib Bukele’s pro-bitcoin stance is big. There were even riots involving cryptocurrency ATMs set on fire will.
Vitalik Buterin
According to Buterin, El Salvador’s approach to adopting bitcoin is not something to applaud. He denounces the bitcoin experiment and the extent to which people are, as it were, forced to use bitcoin.
Volgens Buterin This goes against everything the world of cryptocurrencies stands for:
Making it mandatory for companies to accept a certain cryptocurrency is at odds with the ideals of freedom that should be so important in the crypto world.
Forcing people to use bitcoin or other cryptocurrencies is “reckless” and even dangerous, according to Buterin. He also lashes out at the bitcoin fans who only applaud the developments in El Salvador. According to him, the bitcoin community is an easy audience. Every positive statement about bitcoin is warmly welcomed and so is the controversial new law in El Salvador.
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