In a crowded landscape of new millionaires and infinite upside expectations, Aviv Milner investigates the Blockchain bubble to ask what will happen when the music stops. From NFTs to Binance pump tokens, this podcast takes a deeper look at the damage done by a completely unregulated market.
On June 5, El Salvador President Nayib Bukele declared that bitcoin would become legal tender in El Salvador. On September 7th of this year, that law came into effect.
But the government of El Salvador (and the self-described "Emperor", Nayib Bukele) went further than just permitting the use of Bitcoin for payments- they had a wallet built for the people and offered a $30 signing bonus for citizens who would onboard with their government identification number. Although many in the Bitcoin community see this as a gesture of massive freedom, some see the glaring red flags of the closed-source custodial app.
Oscar Salguero is senior mobile developer with over 25 years of coding experience and a native Salvadorian, a country he lived in for the first 26 years of his life. Since the release of the Chivo wallet (the state sanctioned Bitcoin wallet promoted by the president), Oscar has been peeling away at the closed source application to better understand how the app actually works. For more about our guest, please visit his website:
https://oscarsalguero.com/
You can follow Oscar on twitter (@OscarSalguero) and his hobby project (@CodePlayTalkDev) where he likes to stream himself coding, playing games and chatting. If you are also curious about the Chivo wallet and want to help in testing or have interesting information about your findings, reach out to him or myself and we will gladly exchange info.
During this episode we discuss the mysterious private companies that were selected to build the state sanctioned application. You can read the article we mention in our discussion here:
https://www.clarin.com/tecnologia/lemon-cash-empresa-argentina-detras-implementacion-bitcoin-salvador_0_PaxkdocMO.html
We also touch on many of the features of the app, the good, the bad and the ugly.
Poll from last week on spotify:
"Is Bukele's Bitcoin Law doing good for El Salvador?"
25 votes were cast
16% said "Yes"
84% said "No"
Follow me on twitter, as always (@aviv_WtMS)
9 Oct 2021
Bukele, Bitcoin and El Salvador w/ Nelson Rauda
On June 5, El Salvador President Nayib Bukele declared that bitcoin would become legal tender in El Salvador. On September 7th of this year, that law came into effect.
Fans of Bitcoin are split between those who see this as a huge win for a decentralized payment system and those who point to the tyrannical character that is Bukele and worry that this will do more harm than good.
From my 6th floor podcast studio in Miami at the Oslo Freedom Forum I had the opportunity to speak to a journalist and El Salvador native on the full implications of the law and what it really means to the people of El Salvador and the Bitcoin movement.
Please follow my guest Nelson Rauda on twitter (@raudaz_) and see all of his excellent work on elfaro.net (translation "the Lighthouse", a newspaper out of El Salvador).
We discuss his article on the Bitcoin Party that took place shortly after the law was passed:
https://elfaro.net/es/202109/el_salvador/25711/Los-evangelistas-del-bitcoin-bailan-conga-en-El-Salvador.htm
We also discuss the work of Alex Gladstein, the organizer of the OFF and a HRF executive who stands in support of freedom everywhere and the fight against tyranny. Read his work here:
https://bitcoinmagazine.com/culture/the-polarity-of-bitcoin-in-el-salvador
Please follow me on twitter for the latest podcast updates!
@milner_aviv
4 Oct 2021
Is Hex a Scam? w/ Chris DeRose (Extended Part 2)
What if Bitcoin wasn't the future?
What if one Florida man was sent here to save us all from our hard earned money and to free of us of our earthly desires to be wealthy through the graces of pumpamentals? Well we have another Florida man (Bitcoin Uncensored dumbest host and male counterpart, Chris DeRose) to tell us about this. We talk about many things, including Richard Heart's incredibly brilliant scam "Hex" as well as Cardano, ZCash, Ripple and even Ethereum. Are they scams? We will let you, the 16-year-old avid crypto investor, decide on whether your parents money gets lost this year.
To those who have sent hate mail to the tune of "Chris DeRose is not the dumbest co-host of BU, he is the second dumbest", I want you to remind you that I said dumbest MAN in Bitcoin. The dumbest cis-woman (Junseth, co-host of BU) has agreed to be detained and questioned against his will and he (errr... excuse me, she) agreed to reveal all. But at what cost?
WtMS is in MIAMI for the Oslo Freedom Forum and boy do we have some interesting stories to tell! We had to cop out by publishing a part 2 as a new episode in the meantime, until we get back. We apologize for any inconvenience, your unquestioning loyalty is important to us.
As always, follow me on twitter and stay tuned for some epic new content that should be on the way soon!
https://twitter.com/milner_aviv
Join the unofficial subreddit of this podcast! r/buttcoin is your place for the best and funniest content in the space!
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