El Salvador’s reckless move: bitcoin becomes official currency

The introduction of cryptocurrency as an official currency in Central America was desired by a sui generis president, a little Macron and a little Chavez. Salvadoran citizens, academics and international economic institutions do not approve of the decision On the same topic: The crazy dance of bitcoins Why do bankers flirt and demonize Bitcoin & Co. Cryptocurrencies have made the internet an insecure place.

Since Tuesday 7 September, El Salvador is the first country in the world to have bitcoin as its official currency, alongside the dollar. But immediately the value of the same bitcoin fell by 9 percent: the same figure that etherum, the second most quoted cryptocurrency, also fell at the same time. Bitcoin has been subject to fluctuations for quite a while, and for example, after reaching $ 64,000 in April, it plummeted in May. El Salvador has thus lost 2.7 million, but President Nayib Bukele assures us that there is no need to worry, because it was expected. In fact, it was precisely the purchase of 550 bitcoins between Monday and Tuesday by his government that caused prices to rise, and a decline after departure was, according to him, physiological.

CORONAVIRUS – All Italy blocked: all citizens will not be able to move from their municipality without serious motivation until April 3

italy

Few times I vent in critical post but this time it is really necessary. The Italian government issues 1 decree a day based on the evolution of coronavirus infections. Until yesterday only the Lombardy region was closed but from now on all Italy is closed and this is because before the decree closing the north, there was a news leak that allowed thousands of people to flee from north to south , putting the whole country at serious risk .. It is ridiculous enough that an entire country is on its knees for a virus that not only has low mortality but affects only the elderly and there are no beds for intensive care .. L Italy is becoming the laughing stock of the world and it will be difficult to recover from this situation, especially for the compromised global image.

Sometimes I think that Italy is governed by a country of old Masons because life in the other European countries runs smoothly, or almost as if nothing happened. Health comes first, but in this case we are paradoxical of everything …

If I think that Italy has a free health system instead other countries (such as the USA) cannot afford hospitalization without a credit card, it makes us smile. The truth is that by missing hospital beds, doctors would be forced to take responsibility for giving priority to the young people most likely to survive …

Even masses and all religious services were interrupted … No country had come to this except China …

When I think that American soldiers risk their lives every day while Italian citizens must stay at home in order not to infect ‘grandparents’, it is the parody of an apocalypse without values ​​…

The streets are empty, few people around. Only supermarkets are obliged to remain open, to allow people to buy basic necessities. It is a country that is going crazy ..