Follow The Money #1 - Bitcoin in El Salvador

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  • เผยแพร่เมื่อ 7 พ.ย. 2024

ความคิดเห็น • 347

  • @michellesmith1171
    @michellesmith1171 2 ปีที่แล้ว +170

    This should be an annual episodic movie: How is bitcoin doing year over year?

    • @ryanbaileyboxing
      @ryanbaileyboxing 2 ปีที่แล้ว +2

      Yes

    • @crittenb7
      @crittenb7 9 หลายเดือนก่อน +1

      All love here. Peter wearing the mask 12:00 min in, should also be an annual review. We all could've done better.

  • @jcwanako
    @jcwanako 2 ปีที่แล้ว +14

    Hi Peter
    I really really hope you read this comment
    We, Salvadoreños, appreciate everything that Bukele is doing for our country. This is the first time in history we stand up for ourselves and are craving for real transformation (not just change)
    Bukele and his administration has given 97% of the population hope. The opposition will do everything in their power to negate and dismiss everything Bukele is doing.
    El Salvador is not an easy project for Bitcoin or any other initiatives- but we have to bear that pain and move forward
    Bukeke is seen as an authoritative president by the 3% because he is removing 40 ++ years of corruption

  • @blackboxmedia4953
    @blackboxmedia4953 2 ปีที่แล้ว +65

    " If i had asked the people what they wanted, they would have said a faster horse "
    - Henry Ford on the creation of the Model T

    • @elfriederich
      @elfriederich 2 ปีที่แล้ว +1

      On point!

    • @toolegit2quit173
      @toolegit2quit173 2 ปีที่แล้ว

      Bingo. True innovators solve problems that people don’t even realize they have. Just look at the iPhone. No one in 2005 thought they needed such a thing, and now fast forward almost 20yrs and no one can live without it!

  • @ttbb2909
    @ttbb2909 2 ปีที่แล้ว +13

    Bukele is doing good for his country whether you like it or not.

  • @MikeStillUK
    @MikeStillUK 2 ปีที่แล้ว +105

    Great film Peter. History in the making. You are telling an important story!! 👏🏼🧡👏🏼🧡

  • @1rjona
    @1rjona 2 ปีที่แล้ว +32

    My country faced the same problems as El Salvador. We have poverty, corruption, drugs, gangs. We also had a popular president who tried to tackle all that. He was popular with the people but many in power inside and out the country wanted him removed. Difference is that our president was old and could not run again. He made some changes for the good but some wanted to reverse all that. The people choose someone like him to continue his work. Hope Bukele can continue doing good for El Salvador but it is the people who must the good works he started

    • @Maxi86inAction
      @Maxi86inAction 2 ปีที่แล้ว +3

      What is your country?

    • @1rjona
      @1rjona 2 ปีที่แล้ว +1

      @@Maxi86inAction Philippines, search for Duterte

    • @labitcoineragt3596
      @labitcoineragt3596 ปีที่แล้ว

      Are you from Guatemala? I understood everything you said as if I was typing it myself.

    • @leoortiz5708
      @leoortiz5708 11 หลายเดือนก่อน

      USA@@Maxi86inAction

  • @robertcastles22
    @robertcastles22 2 ปีที่แล้ว +5

    I know it's popular to be very negative these days but I would love to see the president of El Salvador succeed and surprise the world with this effort.

  • @MikeStillUK
    @MikeStillUK 2 ปีที่แล้ว +60

    Been waiting for this for a long time!!
    What a time to be alive 🔥🔥🔥

  • @BTC2179
    @BTC2179 2 ปีที่แล้ว +16

    The close up of the little boy at the end choked me as this is all about giving him and his generation a better base to thrive on little does he know…

  • @planbpassport
    @planbpassport 2 ปีที่แล้ว +2

    I really really appreciate this film!

  • @survivalpodcasting
    @survivalpodcasting 2 ปีที่แล้ว +21

    No matter how good of a speaker and podcaster I am I can't even come close to narrating like brit. Well done on this entire thing Peter.

    • @JeThoreau_
      @JeThoreau_ ปีที่แล้ว

      It’s okay Jack, we still love your work too!

  • @utuber2
    @utuber2 2 ปีที่แล้ว +26

    I'll be honest, I thought Peter was a bit of a blowhard, based on his Twitter persona and the tattooed sleeves etc. But to his credit, he comes across here like a really genuine guy who is doing his best to understand this world, and to make his contribution to help make things better. I really respect that and find it inspiring. Well done, Peter.

    • @MrObnoxiousPod
      @MrObnoxiousPod  2 ปีที่แล้ว +13

      Thanks dude

    • @Kahoobb
      @Kahoobb 2 ปีที่แล้ว

      Yeah everyone is toxic and an idiot on twitter. It turns you into an annoying terrible human being. Nobody should be allowed to tweet. It causes the worst in people.

    • @rebel1052k
      @rebel1052k 2 ปีที่แล้ว +3

      What do tattood sleeves have to do with anything than you being judgemental?

  • @demelzahays7928
    @demelzahays7928 2 ปีที่แล้ว +3

    Director of Research at Cointelegraph here, thank you Peter for this video. Giving people money to help them get back on their feet will not help fix the roots of the problems that are plaguing El Salvador. The majority of people don’t understand money nor property rights. Giving people power over their money is the best way to empower people and societal changes will take a long time to work. There are no quick fixes to problems in any country. President Bukele fixing the money in the country is the best long term bullet towards fixing the roots of the problems. Anyone complaining either doesn’t understand blockchain and money or wants to grab power from the president.

    • @demelzahays7928
      @demelzahays7928 2 ปีที่แล้ว +2

      Who cares if he is a dictator or not? What is the difference between a dictator and a monarch? I live in Liechtenstein where the monarch has real power over the country, and it’s the richest country in Europe per capita, has some of the strongest property rights, almost no crime, good schools, etc. I would rather live in a dictatorship/monarchy with bitcoin and property rights instead of a democracy where the average voter doesn’t have skin in the game, doesn’t understand money or property rights, blindly trusts the government, etc.

  • @integratedphysiocentre223
    @integratedphysiocentre223 2 ปีที่แล้ว +39

    Great open thinking towards any complex problem. Keep going Peter your doing a great job!!

    • @fredjohnston7022
      @fredjohnston7022 2 ปีที่แล้ว +1

      100% agree. Hope the next episode deep dives into the social problems as related to monetary policy. Peter did a nice cliff hanger suggesting the problems are deeper than Bitcoin - and Bitcoin can't solve all these problems. The loose end is that FIAT corruption and central control ARE the causes of many, many problems. Money/value/exchange has given us the world we live in because in sound money/value exchange good ideas win. Those countries w/o their own currency, and many countries that have currencies that devalue them by printing for Gov't spending (monopolies), have or are going to fail. Many see monetary/social condition connection as a stretch - but if you look world wide at poverty as related to Gov't/monetary the decay is very uniform based on money/corruption. Also, dictators thrive on central control, which includes the money. Hitler came to power after a massive devaluation of the currency. Great book, "When Money Dies"

  • @j5aown
    @j5aown 2 ปีที่แล้ว +8

    What an incredible story this will be years from now - to look back at this moment in history.

  • @saulsiguenza78
    @saulsiguenza78 2 ปีที่แล้ว +18

    I am salvadoran and with all due respect to peter, but he was fooled by the opposition in this country. He interviewed like 5 of them and no government supporter. The opposition in el salvador is about 3% compared to 97% who support the government. The opposition controls the salvadoran media, though. The people you saw at the plaza protesting are people funded by USAID. The Central Bankers in the USA are mad at bukele for the financial inclusion he's giving to his people. They are afraid that other countries might do the same. That is why even though the opposition in el salvador has no credibility among the majority of Salvadorans. The massive amount of money the US and EU donate to the opposition make it seem that bukele oppresses his people and that they represent all salvadorans. When in reality they are the corrupts who governed before bukele and were voted out of office because they were very corrupt. Ask the real salvadorans pete, don't be fooled by the opposition.

    • @toncoppens3962
      @toncoppens3962 2 ปีที่แล้ว +4

      Good point. Thanks for the insight.

    • @Notwhatyousee1
      @Notwhatyousee1 2 ปีที่แล้ว +5

      As a Salvadoran, I agree with everything you have said. The majority of the International Community is against everything Bukele is doing. The majority of the people of ES, support the current government.

    • @rr.lt3
      @rr.lt3 2 ปีที่แล้ว +2

      I'm not Salvadoran but agree with you. At the moment I saw LGBT flag there I understood who was in charge for those protests. Thanks for sharing your thoughts.

  • @janwue6076
    @janwue6076 2 ปีที่แล้ว +17

    Well done on the story. Love the coverage of both sides of the bitcoin story in El Salvador. We need more of this. 👏

  • @AnthonyRecoveryCoach
    @AnthonyRecoveryCoach 2 ปีที่แล้ว +3

    you captured a moment Peter. Thank you and your director for showing us the story and not telling us the story.

  • @sulek1959
    @sulek1959 2 ปีที่แล้ว +3

    Excellent documentary you should do more

  • @kyledalton2680
    @kyledalton2680 2 ปีที่แล้ว +4

    Great work. Can’t wait to go back and watch this again 10 years from now.

  • @toncoppens3962
    @toncoppens3962 2 ปีที่แล้ว +10

    A lot of people who are against the Bitcoinlaw because there are much bigger problems in the country, don't realise that most (maybe all) of there problems are because of their currency. That's the root problem i think. I hope it works out well for them and Bukele gets the benefit of the doubt. Then they are an example for the rest of the world. Bitcoin is hope. Good luck. Thanks Peter for all your good content. Looking out for part 2.

    • @robertcastles22
      @robertcastles22 2 ปีที่แล้ว

      I wish more people understood what you're saying

  • @jondeanpt
    @jondeanpt 2 ปีที่แล้ว +6

    It’s taking me about 3 weeks studying and hours or podcasts and I still struggle to really understand it so I feel for these guys. I think the key thing now is to make it simple to use and at the same time show the young people how BTC aligns with their wokness 🤣

  • @bmpereira
    @bmpereira 2 ปีที่แล้ว +4

    El Salvador is not a country like Spain or France. It has severe, violent-related, problems that cannot be fixed just like problems are fixed in these countries. I love democracy but I also trust Bukele and I’m confident he’s doing his best to build a good future for peaceful El Salvadorans. Good job anyway, Peter.

  • @Maxi86inAction
    @Maxi86inAction 2 ปีที่แล้ว +2

    Love it 🔥 it bitcoin succeeds this will be part of our history and children might watch this film in school to learn about the beginnings of bitcoin adoption.

  • @bc8Sooners
    @bc8Sooners 2 ปีที่แล้ว +1

    "If we have dictatorship, we wouldn't have election." Vladimir Putin "hold my beer".

  • @brave3630
    @brave3630 2 ปีที่แล้ว +1

    this is fantastic.

  • @IRLC
    @IRLC 2 ปีที่แล้ว +11

    Great film but... the revisit interview with Bukele was underwhelming to say the least. Rather than focus on the Dictatorship claim generically, why not regurgitate the specific claims that he snuck the Bitcoin bill through the courts there? What gave him the leverage to do this? Why did he feel he needed to do this? I can see that the criticisms are largely misunderstanding what is meant by "requiring merchants to accept Bitcoin" given they aren't being fined for technical limitations and don't have to hold the Bitcoin if they don't want to (convert it instantly to dollars).
    As a Bitcoiner I would have appreciated more REAL skepticism on these points. That said, I understand that an interview with someone like Bukele is not a completely open conversation. This is true for any president or leader. Still, it felt like more could have been said.

    • @fridusfroetzl
      @fridusfroetzl 2 ปีที่แล้ว +6

      I agree, it was nice to watch, an easily digestible report of the sentiment on both sides. Neither Bukele nor his political opponent were really challenged to formulate strong arguments. Fun to watch but it didn't bring much clarity. A somewhat uneasy feeling remains and if I play devil\s advocate : I imagine the IMF is happy with that.

    • @IRLC
      @IRLC 2 ปีที่แล้ว +2

      @@fridusfroetzl That perfectly sums up my reaction to this: A somewhat uneasy feeling remains.

  • @dapersan
    @dapersan 2 ปีที่แล้ว +4

    Peter nodding at the girl speaking spanish was priceless xDDDDDDDDDDD

  • @dltsabatino
    @dltsabatino 2 ปีที่แล้ว +5

    I'm blown away. Fantastic piece of history, Peter. Thank you for sharing this experience.

  • @BTCmonster101
    @BTCmonster101 ปีที่แล้ว +1

    Peter deserves an award for his work, really does.

  • @Goriszoon
    @Goriszoon 2 ปีที่แล้ว +2

    Great Peter. BTC will not solve every problem the next day. But giving people a financial future it will on the long end run. Other problems will solve itself if you adress the problems by the roots

  • @chickenlittle9634
    @chickenlittle9634 2 ปีที่แล้ว +3

    This reminds me of a great vice documentary when vice used to be good. Job well done Peter. Good job showing both sides of the story

  • @Topsnap_Podcast
    @Topsnap_Podcast 2 ปีที่แล้ว +17

    So great.. You have really broken through to a new level Peter.
    #levelup

  • @alexkimmerly9490
    @alexkimmerly9490 2 ปีที่แล้ว +3

    People don't want to need bitcoin -- because it shows that the system and community they built has been a failure.

  • @cryptogold8753
    @cryptogold8753 2 ปีที่แล้ว +1

    Well done Peter. I know one thing I’d pick Bukele over Boris every time.

  • @andreferrao9715
    @andreferrao9715 2 ปีที่แล้ว +3

    Good show. Perhaps the beginning of something very important to happen in society throughout the world.

  • @SC-gh6gd
    @SC-gh6gd 2 ปีที่แล้ว +1

    22:37 Michael hit the nail on the head.
    ¡Arriba El Salvador! 🇸🇻

  • @TheJamesrouse
    @TheJamesrouse 2 ปีที่แล้ว +1

    I hope you go back and see the impact it has had on the people.

  • @VaibhavBhatz
    @VaibhavBhatz 2 ปีที่แล้ว +2

    Some very hard questions all Bitcoiners should understand as reality. Good one Peter.

  • @jueunkim7572
    @jueunkim7572 2 ปีที่แล้ว +2

    Hi, I am a listener from South Korea. I truly thank you for making this video. I am still at the very early stage of my life trying to figure out what I can do to the world. This video is extremely valuable in that it makes me realize once again that changes cannot be done at once just by a single person. I believe I also have to recognize my limitations and just go a step forward everyday. Thank you always for your contents!

  • @jetbwn9042
    @jetbwn9042 2 ปีที่แล้ว +1

    Bukele's government gives hope to Salvadorans, previous governments never did

  • @carlospineda9
    @carlospineda9 2 ปีที่แล้ว +1

    I like your film, we salvadorans understand that it will take many years to fully embrace bitcoin, it's a work in process, long term, of course there will be people who opposes it for political reasons, two free elections have demonstrated that we all want change and support this president, we know we have many problems that have been accumulating for so many years, it is not going to be easy to solve all of them at once.
    Personally I like the fact that I can send money to support my relatives over there using the chivo wallet.
    We hope you keep coming to document what is really happening and also interview both the opposition and the people who support this government.

  • @NightCoreNighty
    @NightCoreNighty 2 ปีที่แล้ว +2

    you've outdone yourself peter, great job
    you've beautifully displayed that it just aint easy

  • @johnpatterson6448
    @johnpatterson6448 2 ปีที่แล้ว

    If you have any doubts about Bukele, then you need to interview a Westminster top politician. It will renew your faith in Bukele.

  • @Novaollie
    @Novaollie 2 ปีที่แล้ว +1

    Great film and a great job at presenting. Keep up the good work. Looking forward to the next episode.

  • @supermuskokaman
    @supermuskokaman 2 ปีที่แล้ว +2

    Amazing film great work Peter but the story is just begun!!!

  • @emersonguerra6401
    @emersonguerra6401 2 ปีที่แล้ว +2

    Awesome, a lot of things has change and it's just the begin.

  • @cryptocsr
    @cryptocsr 2 ปีที่แล้ว

    Thanks, Peter. The good, the bad & the ugly... & the hope.

  • @Travelling_Times
    @Travelling_Times 2 ปีที่แล้ว +7

    I loved this film Peter, glad that you are showing people who aren't happy about it. I listened to a podcast on el hilo and they said a lot of people were angry, this is the only other place I have heard that and the first where I have seen them. I hope that everything does go brillliantly with the adoption and that the country thrives but it's also important to document this. Maybe next year you will speak to some of the same people again and we will find out if there opinion has changed having lived the reality.

  • @lento2307
    @lento2307 2 ปีที่แล้ว +1

    Great job Peter. Keep telling your truth and you will be fine.

  • @SuperAwenger
    @SuperAwenger 2 ปีที่แล้ว +1

    Thank you Peter for doing this.

  • @JPX8
    @JPX8 2 ปีที่แล้ว +2

    What a hero, Michael. Pete too :)

  • @Cvandenhazel
    @Cvandenhazel 2 ปีที่แล้ว +8

    Well done, journalist Peter! Keep up the good work man, Stay humble stay free. Cheers

  • @kristenwright2770
    @kristenwright2770 2 ปีที่แล้ว +1

    Sober hope and grounded optimism. Really nice job.

  • @datravels
    @datravels 2 ปีที่แล้ว +8

    Excellent film. Seeing the line at the end with their numbers got me choked up. Its awesome to see so many with hope. It sure beats seeing people standing in a line waiting for government handouts. Power to the people of El Salvador!

  • @xerostomia907
    @xerostomia907 2 ปีที่แล้ว +3

    Amazing. Simply amazing what is happening around the world. Thank you Peter for bringing this information from
    the ground level to plebs like me.
    The addiction center alone just tugs at your heart strings and makes me me happy to see just what might be possible in the future. As the network state across the world grows, so shall the prosperity of El Salvador and its people. Blows my mind of just what the network effects of just onboarding bitcoiners will have over time.
    Bless you Peter and Crew thank you.

  • @ThorBTC
    @ThorBTC 2 ปีที่แล้ว +1

    How am I just seeing this? This looks interesting.

  • @AlienApe.
    @AlienApe. 2 ปีที่แล้ว +3

    Best media that you have ever created Peter - a real step up. Am proud of you man!

  • @IshitaAgarwal-gm1zd
    @IshitaAgarwal-gm1zd 5 หลายเดือนก่อน

    ground reality is what we need. Thx peter!!!
    i m a student right now and something like this motivates me to quickly become a productive member of society. Thx soo much......

  • @heepajunk
    @heepajunk 2 ปีที่แล้ว +1

    This is healthy. You're an honest person, keep doing this.

  • @amx1234567890
    @amx1234567890 2 ปีที่แล้ว

    Bitcoin is not the solution for the people of el salvador .
    But is a powerful tool to liberate the dependency of the central banks that has monopolize the economy

  • @jacobmoney
    @jacobmoney ปีที่แล้ว

    I just discovered this today.....wow...only 10 seconds in and I already have a good feeling about this.

  • @sondre2477
    @sondre2477 2 ปีที่แล้ว +1

    Peter, you’re an outstanding and one of a kind, Bitcoiner.
    I’m grateful that you make the world better and more nuanced place, podcast after podcast.

  • @ClayCook75
    @ClayCook75 2 ปีที่แล้ว +2

    Well done Pete. I really nice heart felt story.

  • @itwork6810
    @itwork6810 2 ปีที่แล้ว +3

    When you sat down with the President, I thought you were going to ask about the lack of eduction on Bitcoin from the locals. I was wondering how or if that would be addressed.

  • @ABitcoinNoob
    @ABitcoinNoob ปีที่แล้ว

    Watching this now after watching your third "Follow the Money" movie. I love watching the human journey you went on making this film. I am early on my journey. Keep up the amazing work Peter.

  • @lessharma
    @lessharma 2 ปีที่แล้ว +1

    Top film mate

  • @kevinjackson4933
    @kevinjackson4933 2 ปีที่แล้ว +12

    In a totally unsurprising turn of events, El Salvador is undergoing the same color revolution as most of the rest of the world, especially the US. Same talking points, same tactics, same behavior, same look, just slightly customized to fit different cultures. But TOTALLY organic, I'm sure. And btw, nobody asked the people for their input about fiat, inflation, debt slavery, etc. Funny how the left pretends to care about their voice when it comes to money that largely reduces centralized manipulation. In fairness, however, IF Bukele's gov didn't explain bitcoin very well to the people, I would agree that is a mistake. Bitcoin needs some basic explanation. Whether or not she's telling the truth is a totally different issue.

    • @rr.lt3
      @rr.lt3 2 ปีที่แล้ว +2

      100% 👍 Bitcoin is the way they could change the situation but they really need help with being educated about it.

  • @violetsunora6343
    @violetsunora6343 2 ปีที่แล้ว

    Thank you for showing the examples in El Salvador. Hopefully there will be a level of acceptance and rebuilding economies of exchange including educational platforms for humanity.

  • @MadelonVos_
    @MadelonVos_ 2 ปีที่แล้ว +1

    So cool!!

  • @13rizzlian
    @13rizzlian 2 ปีที่แล้ว +2

    Cinematography is on point!

  • @MartijnWismeijer
    @MartijnWismeijer 2 ปีที่แล้ว +2

    Nice report Peter! Very well done. A bit Louis Theroux style and a whole lot of What bitcoin did style. Loved watching it!

  • @Milestonemonger
    @Milestonemonger 2 ปีที่แล้ว +4

    Whether it's curiosity, self-interest or through the destruction of the national currency, all roads lead to Bitcoin

  • @gocrypto2494
    @gocrypto2494 2 ปีที่แล้ว +2

    Bloody great job Pete (and crew). I truly appreciate you not sugar coating your experience in El Salvador. If Bitcoin (as an idea) is to truly revolutionize the world the way we think it can, we need to be courageous in recognizing the challenges along the way so we can overcome them as we progress along this incredible journey. Much love from down under.

  • @iQeLabs
    @iQeLabs 2 ปีที่แล้ว +2

    I see both sides. This was well done. Thank you

  • @mareksniknais5415
    @mareksniknais5415 2 ปีที่แล้ว

    If USA says Bukele is bloody dictator, than he is not so and doing right thing.

  • @danielsofrone7455
    @danielsofrone7455 2 ปีที่แล้ว +3

    Exceptional work Peter. Good thing you ended the documentary on an optimistic note. Keep it going.

  • @ethanknight24
    @ethanknight24 2 ปีที่แล้ว +1

    Inspiring work peter. Thanks for sharing.

  • @13rizzlian
    @13rizzlian 2 ปีที่แล้ว +1

    Can’t wait for #2 now

  • @jsnow6925
    @jsnow6925 2 ปีที่แล้ว +1

    Love this, so cool to see. Thank you Peter! You are a great representative of the space and I planning on making the pilgrimage to El Salvador

  • @brittburns9582
    @brittburns9582 2 ปีที่แล้ว +1

    Awesome work Peter. You’re an amazing voice for Bitcoin.

  • @otooo0001
    @otooo0001 ปีที่แล้ว

    Great job, thank you!!!

  • @codyeide9794
    @codyeide9794 2 ปีที่แล้ว +1

    Thank you so much. I've been waiting for this documentary for months

  • @kurtjensen5798
    @kurtjensen5798 2 ปีที่แล้ว

    Beautiful work, Peter & Co. I also want to believe in Bukele...

  • @realmoner
    @realmoner 2 ปีที่แล้ว +2

    El Salvador is still going through major changes. And Bitcoin will gain traction with it's due time. Most likely it will be with new x-generation .

  • @betterdays7613
    @betterdays7613 2 ปีที่แล้ว +1

    Great work Peter and team ! Thanks to the Peterson's for planting the seed of belief. The ending to your film brought a tear to my eyes in seeing the flipping and adoption take place. The Bitcoin story is growing with the recent visit from 44 countries to El Salvador to receive the lessons and learning of how to implement an alternative to the current world reserve currency. 2022 is a perfect year for accumulating Bitcoin heading into the future.

  • @ianniculescu1625
    @ianniculescu1625 2 ปีที่แล้ว +2

    When using a custodial wallet you are not using Bitcoin, not your keys, not your coins

  • @shcutter
    @shcutter 2 ปีที่แล้ว +1

    Great film Peter, really enjoy your content. I particularly liked the segment of the treatment centre. "courage to change" is part of the recovery process. From what I saw in your film there is a lot of courage in El Salvador in all areas of society from the president all the way to the addicted. Great film and very moving, thank you.

  • @elibush1285
    @elibush1285 2 ปีที่แล้ว +1

    Thank for putting out the other side of the story!!!

  • @aarondaank
    @aarondaank 2 ปีที่แล้ว

    The people protesting did not come across as anti-bitcoin, they came across as anti legislation, without representation. VALID!

  • @andypineda311
    @andypineda311 2 ปีที่แล้ว

    Peter nailed it....reality in El Salv

  • @SoloRenektonOnly
    @SoloRenektonOnly 2 ปีที่แล้ว +5

    Really enjoyed this thanks Peter and company

  • @sven7736
    @sven7736 2 ปีที่แล้ว +1

    Turned out great Pete, loved it.

  • @haydonperryman7232
    @haydonperryman7232 2 ปีที่แล้ว

    A balanced report. Well done. This is great information and a must watch.

  • @AlexDiMella
    @AlexDiMella 2 ปีที่แล้ว +2

    Please make more films like this. Educating the public on Bitcoin should be priority #1 if it's within El Salvador's means. Cash is easier to understand than Bitcoin, especially for older generations and they should not be left behind. This should be discussed more with ideas, and solutions to get the more numerous common people on board with the least amount of friction/fear.

  • @DanaJWright
    @DanaJWright 2 ปีที่แล้ว +12

    Peter this was excellent. My only quarrel is that you did not represent the concerns of the people over the process of passing the bitcoin bill and the lack of an explanation to El Salvadorans about how this affects them day-to-day. I was on nick carters twitter space the day it passed and he took a lot of time to talk to us and answer our questions. I wonder if he’s done anything remotely close to that for the people. Great work tho, looking forward to #2

    • @wsemenske
      @wsemenske 2 ปีที่แล้ว +1

      It talks about that around 7 minutes in dude

    • @JPX8
      @JPX8 2 ปีที่แล้ว

      Did you watched the whole video? Imho he covered both sides.

    • @toolegit2quit173
      @toolegit2quit173 2 ปีที่แล้ว +1

      It was rolled out very quickly and with little explanation to the people, that is true. But I think Bukele made the right choice opting for expediency over clarity, especially given that there we’re essentially no real downsides to the average citizen. Also, the bill they passed was very short and easy for anyone to understand. It specifically gave carve outs for people who for whatever reason couldn’t use it. they also set up a USD slush fund, so those merchants who did not want to hold BTC could instantly exchange it to USD. To date, I believe about 2M ElSalvadorians have downloaded the the Chivo wallet which is a tremendous amount of adoption in such a short time, and has essentially brought mobile banking services to over 1/3 the population. My understanding is that Bukele making BTC legal tender essentially forced the banks to have integrate it and Lightning into their existing legacy rails, not to mention the big multi national corps like Walmart and McDonald’s. The average person might not see it yet, but just wait five years and ElSalvador could be a very different place. Do not underestimate the impact of economic empowerment in such an economically underprivileged society. Giving BTC to ElSalvador is like giving electricity to an Amazon tribe: it’s a massive step function change, and one that I believe will be for the better. Stay tuned!!!

  • @MarocTreasure
    @MarocTreasure 2 ปีที่แล้ว +1

    Great job Peter & crew. So good to get more of the story, and can't wait to watch an update on how things are going 8 months in

  • @TheCamaroGuy87
    @TheCamaroGuy87 2 ปีที่แล้ว +1

    Excellent.

  • @edo_strength
    @edo_strength 2 ปีที่แล้ว +1

    Sheer awesomeness this documentary! Epic work and thank you SO much for putting so many work into this and for sharing it to the World 🙏❤️💪🏼

  • @stotle2006
    @stotle2006 2 ปีที่แล้ว

    Great film for showing all sides