create account

"Fading Laser Eyes" by acesontop

View this thread on: hive.blog |  peakd.com |  ecency.com
hive-167922 · @acesontop ·
$5.65
"Fading Laser Eyes"
I guess it's a month now since El Salvador president came out with the announcement that it's made Bitcoin legal tender in the country and the news was welcomed with applause all over the world, in the crypto space. I was one of those as well...

The fact is that El Salvador is more hype than anything groundbreaking. It's already clear that about 50% of people over there are not excited at all about this new form of currency that they have and need to implement in their payments system and much of them don't even know how to use it.

Paraguay followed up the announcement closely and it seemed to be the  second Latin country to make Bitcoin "a currency" in the country. It's nothing more but "fading laser eyes" to their announcement as the bill seems to be nothing more but a mix of bills proposed by the Argentinian and Colombian governments and actually a taxation law, more than a Bitcoin legal adoption. 

>β€œI found that 90% of the bill was a literal transcription of two previous, unsuccessful bills, one from the Argentinean Congress and the other from the Colombian Congress. In addition, it had excerpts from a Venezuelan blog and others from a not-so-popular antivirus software site. Those were the last places an informed person would turn to for a project on such an important topic.”
-Paraguayan architect and tech enthusiast Juan Pessolani [source](https://decrypt.co/75887/leaked-draft-bill-shows-whats-inside-paraguay-bitcoin-law)

![maxresdefault.jpg](https://i.imgur.com/658kuUd.jpg)
[image source](https://www.google.com/imgres?imgurl=https%3A%2F%2Fi.ytimg.com%2Fvi%2F4DQ2cwAgHos%2Fmaxresdefault.jpg&imgrefurl=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D4DQ2cwAgHos&tbnid=r0lXGNoyK50I_M&vet=12ahUKEwiCwIOLg-LxAhUWt6QKHRDhCcYQMygJegUIARDIAQ..i&docid=opWujCokkK23kM&w=1280&h=720&q=missing%20the%20point&ved=2ahUKEwiCwIOLg-LxAhUWt6QKHRDhCcYQMygJegUIARDIAQ)

I guess that's what happens when you rush to put laser eyes on and you don't really get the tech. When hype and being there among the first ones is frontrunning actual development and understanding. Education is much more important than prime time. Same thing applies to media outlets and their rush to deliver content. 

>β€œThe draft Bitcoin Law in Paraguay does not encourage innovation, does not establish incentives and does not generate economic development opportunities for society. On the contrary, it creates obstacles and disadvantages for some and benefits for others.”
-Paraguayan architect and tech enthusiast Juan Pessolani [source](https://decrypt.co/75887/leaked-draft-bill-shows-whats-inside-paraguay-bitcoin-law)

That's not mass adoption for Bitcoin. I know it when I see it. That's just childish behavior from two presidents that just craved for a bit of world recognition and thought they'd be cool if they embrace Bitcoin before others do. I know some of you might hate me on this one, but at this point all the bullishness coming from El Salvador and Paraguay is total crap.

They could have benefited the population better if educating them on crypto and incentivizing them to accept Bitcoin rather than impose it as legal tender. The best thing that can happen for Paraguay is banks no longer creating obstacles for Bitcoin investors in the country. 

I am not saying that Bitcoin is dipping due to El Salvador *not doing Bitcoin the right way* or because the bill drafted by Paraguay is somehow of a plagiarized work, but we're clearly still early when it comes to mass adopting Bitcoin. It doesn't even need much regulation and paperwork. **Just make the coin a damn currency**. Allow merchants to accept and exchange it and let the digital world develop by itself.

The more we seek for regulation the more we will miss the point with Bitcoin. It will be harder to have access to cryptocurrencies and use them without "registered wallets" and tracked transactions and that's not the point of crypto. I'd better have illegal ways of using crypto, but in tune with what it was designed for than ask for permission to corrupt governments. Bitcoin should be permission less.

It's a thing of the digital but we keep on creating paperwork around it...

*Thanks for attention,*
*Adrian*      

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@acesontop/fading-laser-eyes)
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 42 others
properties (23)
authoracesontop
permlinkfading-laser-eyes
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["bitcoin","hodl","crypto","blockchain","proofofbrain","leofinance","ash","pal","news","paraguay"],"links":["https://decrypt.co/75887/leaked-draft-bill-shows-whats-inside-paraguay-bitcoin-law","https://www.google.com/imgres?imgurl=https%3A%2F%2Fi.ytimg.com%2Fvi%2F4DQ2cwAgHos%2Fmaxresdefault.jpg&imgrefurl=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D4DQ2cwAgHos&tbnid=r0lXGNoyK50I_M&vet=12ahUKEwiCwIOLg-LxAhUWt6QKHRDhCcYQMygJegUIARDIAQ..i&docid=opWujCokkK23kM&w=1280&h=720&q=missing%20the%20point&ved=2ahUKEwiCwIOLg-LxAhUWt6QKHRDhCcYQMygJegUIARDIAQ"],"image":["https://i.imgur.com/658kuUd.jpg"]}
created2021-07-14 10:56:45
last_update2021-07-14 10:56:45
depth0
children6
last_payout2021-07-21 10:56:45
cashout_time1969-12-31 23:59:59
total_payout_value2.834 HBD
curator_payout_value2.819 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length4,301
author_reputation1,564,677,026,229,252
root_title""Fading Laser Eyes""
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id104,911,406
net_rshares12,512,407,958,568
author_curate_reward""
vote details (106)
@belemo.leo · 
To be fair, I also believe that imposing it will technically force people to get education. All the government needs to do is ensure that the resources are available for people to learn

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@belemo.leo/re-acesontop-5uu1sr)
properties (22)
authorbelemo.leo
permlinkre-acesontop-5uu1sr
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@belemo.leo/re-acesontop-5uu1sr"}
created2021-07-14 11:05:03
last_update2021-07-14 11:05:03
depth1
children1
last_payout2021-07-21 11:05:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length283
author_reputation75,313,949,267
root_title""Fading Laser Eyes""
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id104,911,525
net_rshares0
@acesontop · 
True

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/re-belemo-leo-5m79vg)
properties (22)
authoracesontop
permlinkre-belemo-leo-5m79vg
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@acesontop/re-belemo-leo-5m79vg"}
created2021-07-14 13:26:09
last_update2021-07-14 13:26:09
depth2
children0
last_payout2021-07-21 13:26:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length102
author_reputation1,564,677,026,229,252
root_title""Fading Laser Eyes""
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id104,913,132
net_rshares0
@drax.leo · 
Speaking about education and Salvadorans refusing to accept Bitcoin, I'm reminded about stories in my part of the world some 100 or so years ago, when gendarmes used bayonets to make peasants send their children to school. Accepting Bitcoin is definitely for every Salvadoran's good, but using coercion to do it is going to create a lot of bad blood, bad PR and make things difficult for crypto acceptance in the long run. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@drax.leo/re-acesontop-5jbxek)
properties (22)
authordrax.leo
permlinkre-acesontop-5jbxek
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@drax.leo/re-acesontop-5jbxek"}
created2021-07-14 14:13:00
last_update2021-07-14 14:13:00
depth1
children0
last_payout2021-07-21 14:13:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length519
author_reputation16,457,438,275,573
root_title""Fading Laser Eyes""
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id104,913,874
net_rshares0
@poshtoken · 
https://twitter.com/AdrianPapava/status/1415267143801872392
<sub> The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
properties (22)
authorposhtoken
permlinkre-acesontop-fading-laser-eyes40871
categoryhive-167922
json_metadata"{"app":"Poshtoken 0.0.1"}"
created2021-07-14 11:09:54
last_update2021-07-14 11:09:54
depth1
children0
last_payout2021-07-21 11:09:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length247
author_reputation3,941,634,836,092,762
root_title""Fading Laser Eyes""
beneficiaries
0.
accountreward.app
weight10,000
max_accepted_payout1,000,000.000 HBD
percent_hbd0
post_id104,911,596
net_rshares0
@taskmaster4450le ·
$0.04
Things take time.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-acesontop-5tjyzp)
πŸ‘  
properties (23)
authortaskmaster4450le
permlinkre-acesontop-5tjyzp
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@taskmaster4450le/re-acesontop-5tjyzp"}
created2021-07-14 13:02:12
last_update2021-07-14 13:02:12
depth1
children1
last_payout2021-07-21 13:02:12
cashout_time1969-12-31 23:59:59
total_payout_value0.020 HBD
curator_payout_value0.021 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length121
author_reputation1,747,283,361,320,081
root_title""Fading Laser Eyes""
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id104,912,792
net_rshares96,867,805,491
author_curate_reward""
vote details (1)
@acesontop · 
Definitely. Some are rushing things just to be the first ones instead of educating the general public and making things right.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/re-taskmaster4450le-esp4b)
properties (22)
authoracesontop
permlinkre-taskmaster4450le-esp4b
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@acesontop/re-taskmaster4450le-esp4b"}
created2021-07-14 13:27:09
last_update2021-07-14 13:27:09
depth2
children0
last_payout2021-07-21 13:27:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length229
author_reputation1,564,677,026,229,252
root_title""Fading Laser Eyes""
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id104,913,147
net_rshares0
Help/Feedback