In June, El Salvador became the first ever recognize Just days after millennial President Nayib Bukele announced his cool crypto vision at the Bitcoin event in Miami, he defined himself on Twitter as “the coolest in the world president”.
As of September, all Salvadoran businesses will be required to accept payments in Bitcoin and U.S. dollars, and the U.S. dollar itself was hurriedly adopted as the national currency in 2001 under similar suspicious circumstances.
The new Bitcoin bill passed El Salvador’s legislature within five hours-this at least means that Booker does not have to send national troops and police into the parliament building to threaten legislators, because He in February 2020 When he doesn’t like it.
Booker did not solve the impoverished Salvadorans whose taxes and livelihoods will now be gambled with an incredibly unstable cryptocurrency. Instead, he participated in the Twitter Spaces live broadcast with his two brothers to foreign investors. Introduced the beachfront properties and other benefits awaiting them in Bitcoin Wonderland.
In an article in El Faro, the investigative news media in El Salvador, the economist Carlos Acevedo (former President of the Central Reserve Bank of El Salvador) compared Bitcoinization with playing roulette in Las Vegas and cited 17 A report by the mathematician Sir Isaac Newton of the century: “I can calculate the movement of the stars, but not the madness of people.”
When Bukele himself updated his Twitter profile picture in April 2020 to a photo of him sitting in a chair on top of a spaceship wearing a mask, he accidentally managed to combine outer space with crazy themes. This was shortly after he tweeted that “the rumors that I was kidnapped by aliens were totally unfounded.”
At least, Booker’s interstellar antics can effectively distract him from earthly activities. With the onset of the coronavirus pandemic, these measures evolved to include throwing thousands of people deemed to be violating quarantine regulations into unhygienic shelters—naturally, these centers quickly became COVID hotspots.
The leader of El Salvador adheres to the tradition of governing through Twitter-promoted by former American lunatic Donald Trump, who Booker once praised him as “very nice and cool”-the leader of El Salvador uses social media platforms to authorize “Use lethal force“It is up to soldiers and police to target gang members who allegedly used the pandemic to cause serious damage.
In a country that is already notorious for extrajudicial executions of law enforcement officials, the presidential mandate has brought predictable results. In one case, as a Bloomberg commentary pointed out, “security forces mistakenly believed that a young woman was buying a Mother’s Day gift for a member of a criminal gang and shot her to death”.
Most importantly, Booker’s press office triumphantly tweeted the scene of the Salvadoran prison. The president’s pandemic strategy is basically Hundreds of prisoners in underwear are piled up On top of each other.
At the same time, for the Salvadorans imprisoned in Bukele’s current Bitcoin experiment, the future looks increasingly bleak—especially when Bukele promises to remove all constraints on his power, such as monitoring in May Spontaneous removal Five Supreme Court justices and the State Minister of Justice.
In his latest Twitter profile picture, Bukele is shaking so-called laser eyes, which have been used to indicate members who worship Bitcoin. In addition, he updated his English Twitter resume to “President of the Savior Republic”, a literal translation of El Salvador.
However, anyone is speculating how Salvadorans will be saved by their country’s inevitable transformation into a safe haven for money laundering and tax evasion, where the collective dysphoria of the international Bitcoin chasers takes precedence over the ability of Salvadoran families to provide food for their table.
The 39-year-old Bukele often wears backward baseball caps and other “cool” equipment. He was the former advertising director and founder of the Nuevas Ideas party in 2017, and he has actually marketed himself as a veritable for a long time. The saviour of El Salvador, shaped his party as a much-needed breakthrough from the corrupt two-party system that has prevailed since the end of the Salvadoran Civil War in 1992.
Never mind that the Booker government itself just expelled an anti-corruption commission from the country.
In any case, wearing a backward baseball cap on fascism does not make it a new idea.
It is worth recalling that during the 12-year civil war, most of the deadly violence that killed more than 75,000 Salvadorans was carried out by the right-wing army and related paramilitary groups and death squads. The United States injected billions of dollars into the conflict to ensure the victory of capitalism—that is, maintaining the obscene economic inequality that triggered the war in the first place.
Finally, like Bukele, try to sell Bitcoinization as a cool, ultra-modern move, which will push El Salvador to the global stage (the virtual bitcoin wallet that was stuffed into El Salvador’s throat is even called Chivo, the slang is ” “Cool” means) ), and the prospect of allowing the poorest class in society to pay for the tyranny of the elite is not “new” either.
Just before the pandemic, I spent a few months in San Salvador, the capital of El Salvador, and attended the city during the aforementioned February 2020 parliamentary militarization. Booker finally cancelled the siege, claiming that God told him to be “patient”-God is a handy ally in a country that morbidly relies on religion to spread large-scale suffering.
People can’t help thinking of other honest global leaders who enjoy direct communication with more nobles-such as former US President George W. Bush, who was allegedly instructed by God to destroy Afghanistan and Iraq. Isaac Newton’s words came to mind again.
There is no doubt that God’s blessing has helped Buckler gain a very high approval rating-even if he is actually launching a war against his own people. To be sure, for a president who believes that the country can be managed by mobile phones, the era of social media addiction has also proved to be auspicious.
But as the Bitcoin savior of El Salvador continues to bet on the lives of Salvadorans mercilessly, it may be time for the spacecraft to arrange a pick-up.
The views expressed in this article are those of the author and do not necessarily reflect Al Jazeera’s editorial stance.