[ExI] Fwd: Bitcoin el salvador?
Giulio Prisco
giulio at gmail.com
Mon Sep 6 05:48:18 UTC 2021
On Mon, Sep 6, 2021 at 5:00 AM John Grigg via extropy-chat <
extropy-chat at lists.extropy.org> wrote:
> Giulio
> <https://email.mg1.substack.com/c/eJxNUMuOhSAM_ZrL7hpAHrpgMZv5DYNQlYwC4THGvx-8biZp2qav03OMLrCGdKkYckG3m8oVQXk48w6lQEI1Q5qcVRyLQUpkFZbUyBm5PC0J4NBuVyjWeXdGFxf8PcuYJCNBm-qpMCMhi53lLIeRi97SvjmxWCysIA-krtaBN6DgF9IVPKBdbaXE_Oq_XvS72XmeXanJ-dVsNZmtM-Fo5Qgh7tCS57n36uruwjsml01ATlFMCR4xJ5hjJjrS9VJLpgUxIEbNOQhqGWGzFrAMFBb5YvhYSZfrnIs2PzcMSuo523rrzfZTbISnFo_qXbkm8HrewaqSKqDyiPlRZlrBQ2oi20kXRUSPh37ETHI2PNRvsfBI-SAJaqg2tC2v_lP9A_ydi-4>,
> I had no idea you had been so involved with Bitcoin! It was through the MTA
> that I was first exposed to it in April of 2010. But I unfortunately did
> not see outside the box, and grok the financial potential. On my future
> deathbed I will still be kicking myself about that... I do hope Bitcoin and
> some of the altcoins can be used to help people in the third world.
>
I think I must have sent something about Bitcoin to this list back in 2009.
I also alerted the MTA list and introduced many people there to Bitcoin.
But I wasn't imaginative and optimist enough to realize that Bitcoin would
become a big thing in the real world. It was more of a fun intellectual
exercise to me.
So imagine my surprise when a few years later (2013 or so) I found out that
the BTC I had mined was worth real money! I cashed out because I needed
money. If I hadn't cashed out I would be a *very* rich man today, but
thinking about this is useless now. I prefer to think that Bitcoin gave me
money when I needed it.
There was not much discussion on Bitcoin on this list at the beginning. Of
course there was Hal, but I don't remember Hal posting much about Bitcoin
here.
G.
>
> https://www.youtube.com/watch?v=g-zIbVEjVpQ
>
> On Sun, Sep 5, 2021 at 4:00 AM Giulio Prisco via extropy-chat <
> extropy-chat at lists.extropy.org> wrote:
>
>>
>>
>> ---------- Forwarded message ---------
>> From: Giulio Prisco from Turing Church <turingchurch at substack.com>
>> Date: Sun, Sep 5, 2021 at 12:50 PM
>> Subject: Bitcoin el salvador?
>> To: <giulio at gmail.com>
>>
>>
>> No Bitcoin won't Save The World, but perhaps it will make the world a bit
>> better.
>> Bitcoin el salvador?
>> <https://email.mg1.substack.com/c/eJxNkkFvozAQhX9NuBXZYGM4-NBNUokoCWlVNclekDEDcSEGgQmFX7-muaw09kjP72kkfyOFgbLpJt42vXGWKzVTC1zD2NdgDHTO0EOXqpxTFISMOTlHzJMsc1SfFh3AXaiaO-2Q1UoKoxq9eAlhOMLOjaOsoAUBloUoojminkRFHkUFkgSzzC-eI8WQK9ASODygmxoNTs1vxrT9yn9deW-2xnF0zdApXcrb0MmbK5u7lVt7MmVko_QL1C-9qB8ib7qV_2aaCvTK38C0w9L7mi5eXcXfDT5sruQ4yz7Wfx7S_yjE-V0l3-9j8hnjZCN_9utde70s2tY7zK_kMFfjcWP993qWUxzYHL4qhKz2k3xulfXP-TlWidqNmX9E-8uuvp6PSJyjIdbI3R7W2ZYqtqcPvIOvoKiSjzmYzn9JeUKn62kt9lCh8WdgoaO4hzyMIkQxoogELnZ9JhgRAZYQRIJSCLycYJKJAIrQg4KtCLqX2O2HrDdCVsu3OB0v1VCrxr6VC51f0QJKbb8PWpkpBS2yGnJuugEc84T_SzItQUNnlyJPheE48FHoR4gwSsInqgUuijwaMuzYqXljU5r_j-Yf-FjHOQ>No
>> Bitcoin won't Save The World, but perhaps it will make the world a bit
>> better.
>>
>>
>> <https://email.mg1.substack.com/c/eJxNUMuOhSAM_ZrL7hpAHrpgMZv5DYNQlYwC4THGvx-8biZp2qav03OMLrCGdKkYckG3m8oVQXk48w6lQEI1Q5qcVRyLQUpkFZbUyBm5PC0J4NBuVyjWeXdGFxf8PcuYJCNBm-qpMCMhi53lLIeRi97SvjmxWCysIA-krtaBN6DgF9IVPKBdbaXE_Oq_XvS72XmeXanJ-dVsNZmtM-Fo5Qgh7tCS57n36uruwjsml01ATlFMCR4xJ5hjJjrS9VJLpgUxIEbNOQhqGWGzFrAMFBb5YvhYSZfrnIs2PzcMSuo523rrzfZTbISnFo_qXbkm8HrewaqSKqDyiPlRZlrBQ2oi20kXRUSPh37ETHI2PNRvsfBI-SAJaqg2tC2v_lP9A_ydi-4>
>> Giulio Prisco
>> <https://email.mg1.substack.com/c/eJxNUMuOhSAM_ZrL7hpAHrpgMZv5DYNQlYwC4THGvx-8biZp2qav03OMLrCGdKkYckG3m8oVQXk48w6lQEI1Q5qcVRyLQUpkFZbUyBm5PC0J4NBuVyjWeXdGFxf8PcuYJCNBm-qpMCMhi53lLIeRi97SvjmxWCysIA-krtaBN6DgF9IVPKBdbaXE_Oq_XvS72XmeXanJ-dVsNZmtM-Fo5Qgh7tCS57n36uruwjsml01ATlFMCR4xJ5hjJjrS9VJLpgUxIEbNOQhqGWGzFrAMFBb5YvhYSZfrnIs2PzcMSuo523rrzfZTbISnFo_qXbkm8HrewaqSKqDyiPlRZlrBQ2oi20kXRUSPh37ETHI2PNRvsfBI-SAJaqg2tC2v_lP9A_ydi-4>
>> Sep 5
>> <https://email.mg1.substack.com/c/eJxNUttuozAQ_Zrw1sg25vbgh25pd0kTstmNQtMXZOwJcQsGgZ2UfP2adldayZqR5nJmjucIbqDuhon13Wi82ZRm6oFpuI4NGAODZ0cYSiVZgMI4ijzJUEREVHlqLE8DQMtVw7zeVo0S3KhOz7WURjjB3pn5oaQoJhxTVFGcoITwuIKECh9ohCj_GsmtVKAFMLjAMHUavIadjenHhX-_IE_uXa_XpbGD0rU420Gcl6JrXZj3ytkLdmYGcu5zn7sBuJh3WfhPpnsH51OYVliQw_RCmvfsrcOb9Ejzmxgz_e0i_F8nXuzU9m133e4zvE3Fx_phNb0WT2_ye3OpVBZm9ln2D9mYtc1ZPmThZn-8bdL6tt3fo3y6Kv6S3xyuEj8Oar3fofz2GGx-u3qd4-Pcr1fNscgRLxKbabQc_aJID-tXvdrt-sctabsO_TzKQ9rU8jm9o2aXW7Jt10WbLUhoTVuOnWMOjspoq9Fw8f433oJUtp0pztw9xQgiGCUowChANFzipR_xiPIQCwgTHgQQEkkxrXgIp5jAKVpQ1NZ4-Q93_lxvYLWyjepcrp5xP4PuzKXzrdXKTCVoXjUgmRkseOZLQp87lDVoGJy0ZMkNw6GPYj9BNApo_HXwWSJOC0EcYc9NlZ3r0uz_A_8B2k7fhw> [image:
>> Comment]
>> <https://email.mg1.substack.com/c/eJxNUtuO4jAM_Rr6NihJL2kf8jALjATiNqPRAPtS5eKWDG2K2oRSvn7TYVdaKc7DsX1sH1tyC2XTDuzadDYYv9wOV2AG-q4Ca6ENXAdtrhWLUZJSGiiGKJFUBLrLixag5rpiwdWJSktudWPG2CiiOMPBmcVhpoQoFCKZFCKWoqBFlgoiVRKSWMCzJHdKg5HA4Abt0BgIKna29tpNwtcJefOv7_upda02pTy7Vp6nsqk9fPUmtJWNNi9QvXS8unHVtB71_hqM9QxvtrmAmYRzGFZYkq_hSKrL8rvBm_kp2j5ktzS_bjL8KPjhXe--3_vd5xLv5vK-nq2up-OILcjm8RptHpd-O_fxdfWQwzLxefikEfLYffe50D7-oQ5LvdOrXoRbtD6uqtNhi_ghc0uDpovNTCxiTdfxDa_gKykuu49HMhx-R-Ue7U_7GV_DBfV3R9MJSZyt867xs4JvvXOis1xe_uI1KO3qcaRR_UAzgghGGYoxilGUTPE0pJxGPMESkozHMSRERTgSPIEiJVDQSYTqEk__8Y5yBi0rtat0433lyPsD-sXmo5bOaDvkYLioQDHbOgjs82h-eshLMND6Y1I5twwnIUrDDEU0jtLnisejQBmJU4oDX1U1Psuw_1f6ByPu3DI> [image:
>> Share]
>> <https://email.mg1.substack.com/c/eJxNkt1u4yAQhZ8mvmsE2IB9wUU3SaVE-WtVNc3eWBhPHBobIhviOk-_uO1KlQBpPs5o4Mwo6aCy7SCutnPReORuuIIw0Hc1OAdt5Dtoc10KiljKeVQKxIniRaS7_NQCNFLXIrr6otZKOm3NqE0SjjMcnUXKFc9OQAtJCSqAMcoJQzFlcUpLQtLvktKXGowCATdoB2sgqsXZuWs3iR8n5Cmsvu-nzrfaVOrsW3WeKtsEfA270E5ZbR6gfuhkfZOlbSfxk3dN3tkghUk873zROakuE8JG3kCpfRP41-N_oLLGgXGj-ixbCFSq8Tu_gLMXGGMYVliRt-Gd1Jflh8Wb-THZ3lW3NH9uKn45ycOz3n0897vXJd7N1ed6troe30e2IJv7Y7K5X_rtPOib-q6GJQt5-KgRCuxz97rQQX8vD0u906u-iLdo_b6qj4ctkofMLw2aLjazYkE1X9MbXsEbO112L3c2HP4m1R7tj_uZXMMF9Z-ep5EWBBGMMkQxoihhUzyNueSJZFgByySlwEiZ4KSQDE4pgROfJKip8PS_aaPVUSsq7Wttw101mvYFQ9ODbU3jjXZDDkYWNZTCtR4i9z1QXwbnFRhow6CVuXQCsxilcYYSTpOf9o8DgzJCU46jULW0IcuI3-3-B8k85DE>
>>
>> <https://email.mg1.substack.com/c/eJxVUsuunDAM_ZrJDuS8CCyyuKrU30B5GCa9kNAk3Nvp1zcMq0qR7fh1LB87U3FN-aWPVCq5xFxfB-qI32XDWjGTs2Ceg9cShlEp4jUo5pQlocxLRtxN2DQ5TrsFZ2pI8coVQtGJkqfmCCAVF2gnzh33C0OY2GKc5w4XS29Ic_qA0aHGL8yvFJFs-lnrUR7848F-tud87MtpSzXus3dpb66wmxWbXrC656Vbm5oe7Mfv2-Afa0q-_ZdtPnJaM5YSvrD5S0U8WsUNweQFIi-YJuzpPrHFc4cgrXWj6KwxvBNcYTdJOnbGW84sKjWNoi-8N7v5m6L5Lvdcrce9jLf5HrK8zXFglFGqOsfV1ImBT53lnHYcBAijUHrqZwYAf6gE6H8duJKgGTAKE0gKEsTQ054ro4QZqMNhMlLiwLygwpoBl5Hhoh4C9pX-tyyS9RrOLaQWWy--3s425dz0fsZQXzNGYzf0uuYTSb3P4c3tvGLE3M7Ez6ZqOnAY-QRCSTHe5F10N07lqChpqD61qqjrmUNc3fPM7vkPMwjFmg>
>>
>> I was a very early adopter of Bitcoin. I started weeks after Satoshi’s
>> whitepaper magically appeared in a cryptography mailing list.
>>
>> If I still had the BTC that I mined at the time I would be very rich
>> today, but I wanted to use and spend my BTC to stimulate the nascent
>> Bitcoin economy. I have written Bitcoin software, consulted and
>> participated in many projects. For years I made a good living as a
>> journalist and editor for the Bitcoin trade press.
>>
>> Been there, done that. At some point I lost interest and stopped. What
>> pushed me out was the attitude of those for whom Bitcoin was the most
>> important things in the world. Or maybe the only important thing. Or maybe
>> the God of their religion.
>>
>> I have edited (out) suggestions that wars and natural or social
>> catastrophes were “good for Bitcoin” and therefore Good. Good! With an
>> exclamation mark of course. Many exclamation marks.
>>
>> I really wish for less exclamation marks and more question marks in the
>> Bitcoin press. At some point I was really fed up. In fact, this is the
>> first post about Bitcoin that I have written in years.
>>
>> No, Bitcoin is NOT the most important thing in the world. Sorry for the
>> true believers in the Bitcoin God out there, but many things are much more
>> important than Bitcoin. MUCH more important.
>>
>> Having said that, I think Bitcoin IS important. Not the most important
>> thing, but an important thing. Bitcoin is also a good example of how
>> radical, unexpected technological innovation can be a social force for
>> good. A parallel economy relatively independent of Big Government and Big
>> Business, with working interfaces to the mainstream economy, can do good to
>> many people.
>>
>> And this is the role of Bitcoin in my religion: one of many tools that we
>> can use to make the world a bit better. And we can use all our tools
>> together to make the world much better, a little bit a time.
>> El Salvador
>>
>> I used to say that Bitcoin would really take off after being adopted by a
>> nation state (even a small one) as official currency. Not a new
>> cryptocurrency issued by a central bank (like China is doing), but the real
>> Bitcoin independent of nations and central banks.
>>
>> This is what is expected to happen in El Salvador in a few days. There
>> are dissenting voices and event protests of course
>> <https://email.mg1.substack.com/c/eJwlUEtuhTAMPM3LrigJ-cAii256DZSPgaiQoOAUcfuG9yTLlse2xjPeIiy53ObIJ5InTXgfYBJc5waIUEg9oUwxGEnVoDUJhmrutSPxnOYCsNu4GXJUt0VvMeb07Aqh2cjIapxzwTkagpt7zxVnDeBWwiik50GGD6WtIULyYOAPyp0TkM2siMf56r9f_KfFdV2dc77zeW_d810rCH5NecvL_SUH0Q-SSxINp5zRkUpGJRWqY12vrRZWMQ9qtFKC4kEw4ayCeeAw65eg-8K6s7oTrf99OEgxS6xbzG22PArfYBM5tbrXFPGeIFm3QTBYKhD8GPh2Y1ogQWnGhsmiYaqnQz9SoaUYPnIfg-jI5aAZaawht6tksJaYFr_W4td_JkaIHw>,
>> so we’ll have to wait and see what happens. But this could be a real game
>> changer.
>>
>> Poor families in El Salvador could live with Bitcoin remittances sent
>> from family members abroad. This happens already of course, but will be
>> much easier and safer when Bitcoin is officially supported by the
>> government.
>>
>> I took the cover picture at a place that accepts Bitcoin in a food
>> market. These places exist everywhere, but only tech-savvy people can buy
>> there. If the Bitcoin plan in El Salvador goes through as planned,
>> eventually everyone will be able to use Bitcoin to buy food and things.
>>
>> El Salvador could become a player and a first mover in the new economy
>> that, one way or another, is bound to emerge. It’s evident that things
>> can’t continue as they are now. We need to experiment with many alternative
>> economies. Many will fail the real-world test, but some will work. The move
>> of El Salvador could enable and protect many new business models that are
>> only waiting for something like this to happen. This would attract wealthy
>> foreign investors to the country.
>>
>> I’ll hopefully wait and see is Bitcoin will become el salvador (the
>> savior) of El Salvador, and then of other nations as well.
>> ------------------------------
>>
>> Cover picture by the author.
>>
>>
>> <https://email.mg1.substack.com/c/eJxNUttuozAQ_Zrw1sg25vbgh25pd0kTstmNQtMXZOwJcQsGgZ2UfP2adldayZqR5nJmjucIbqDuhon13Wi82ZRm6oFpuI4NGAODZ0cYSiVZgMI4ijzJUEREVHlqLE8DQMtVw7zeVo0S3KhOz7WURjjB3pn5oaQoJhxTVFGcoITwuIKECh9ohCj_GsmtVKAFMLjAMHUavIadjenHhX-_IE_uXa_XpbGD0rU420Gcl6JrXZj3ytkLdmYGcu5zn7sBuJh3WfhPpnsH51OYVliQw_RCmvfsrcOb9Ejzmxgz_e0i_F8nXuzU9m133e4zvE3Fx_phNb0WT2_ye3OpVBZm9ln2D9mYtc1ZPmThZn-8bdL6tt3fo3y6Kv6S3xyuEj8Oar3fofz2GGx-u3qd4-Pcr1fNscgRLxKbabQc_aJID-tXvdrt-sctabsO_TzKQ9rU8jm9o2aXW7Jt10WbLUhoTVuOnWMOjspoq9Fw8f433oJUtp0pztw9xQgiGCUowChANFzipR_xiPIQCwgTHgQQEkkxrXgIp5jAKVpQ1NZ4-Q93_lxvYLWyjepcrp5xP4PuzKXzrdXKTCVoXjUgmRkseOZLQp87lDVoGJy0ZMkNw6GPYj9BNApo_HXwWSJOC0EcYc9NlZ3r0uz_A_8B2k7fhw> [image:
>> Comment]
>> <https://email.mg1.substack.com/c/eJxNUtuO4jAM_Rr6NihJL2kf8jALjATiNqPRAPtS5eKWDG2K2oRSvn7TYVdaKc7DsX1sH1tyC2XTDuzadDYYv9wOV2AG-q4Ca6ENXAdtrhWLUZJSGiiGKJFUBLrLixag5rpiwdWJSktudWPG2CiiOMPBmcVhpoQoFCKZFCKWoqBFlgoiVRKSWMCzJHdKg5HA4Abt0BgIKna29tpNwtcJefOv7_upda02pTy7Vp6nsqk9fPUmtJWNNi9QvXS8unHVtB71_hqM9QxvtrmAmYRzGFZYkq_hSKrL8rvBm_kp2j5ktzS_bjL8KPjhXe--3_vd5xLv5vK-nq2up-OILcjm8RptHpd-O_fxdfWQwzLxefikEfLYffe50D7-oQ5LvdOrXoRbtD6uqtNhi_ghc0uDpovNTCxiTdfxDa_gKykuu49HMhx-R-Ue7U_7GV_DBfV3R9MJSZyt867xs4JvvXOis1xe_uI1KO3qcaRR_UAzgghGGYoxilGUTPE0pJxGPMESkozHMSRERTgSPIEiJVDQSYTqEk__8Y5yBi0rtat0433lyPsD-sXmo5bOaDvkYLioQDHbOgjs82h-eshLMND6Y1I5twwnIUrDDEU0jtLnisejQBmJU4oDX1U1Psuw_1f6ByPu3DI> [image:
>> Share]
>> <https://email.mg1.substack.com/c/eJxNkt1u4yAQhZ8mvmsE2IB9wUU3SaVE-WtVNc3eWBhPHBobIhviOk-_uO1KlQBpPs5o4Mwo6aCy7SCutnPReORuuIIw0Hc1OAdt5Dtoc10KiljKeVQKxIniRaS7_NQCNFLXIrr6otZKOm3NqE0SjjMcnUXKFc9OQAtJCSqAMcoJQzFlcUpLQtLvktKXGowCATdoB2sgqsXZuWs3iR8n5Cmsvu-nzrfaVOrsW3WeKtsEfA270E5ZbR6gfuhkfZOlbSfxk3dN3tkghUk873zROakuE8JG3kCpfRP41-N_oLLGgXGj-ixbCFSq8Tu_gLMXGGMYVliRt-Gd1Jflh8Wb-THZ3lW3NH9uKn45ycOz3n0897vXJd7N1ed6troe30e2IJv7Y7K5X_rtPOib-q6GJQt5-KgRCuxz97rQQX8vD0u906u-iLdo_b6qj4ctkofMLw2aLjazYkE1X9MbXsEbO112L3c2HP4m1R7tj_uZXMMF9Z-ep5EWBBGMMkQxoihhUzyNueSJZFgByySlwEiZ4KSQDE4pgROfJKip8PS_aaPVUSsq7Wttw101mvYFQ9ODbU3jjXZDDkYWNZTCtR4i9z1QXwbnFRhow6CVuXQCsxilcYYSTpOf9o8DgzJCU46jULW0IcuI3-3-B8k85DE>
>>
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>> This post is public, so feel free to share it.
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>> Share
>> <https://email.mg1.substack.com/c/eJxNkdGOpCAQRb9G3sYAIugDD5Ns5jdMCdVKVsFAMZ3--8Xul00oCKcg9-aWA8It5Ze9UiF2bwu9LrQRn-VAIsysFsxL8HbkejKGecuNdGZloSyPjHhCOCy76noEBxRSvN8qZcQs2G41THLgXqBoxIwwcVy1Uw85CSPUPH8kofqA0aHFX8yvFJEddie6Sjd8d_Knrefz2VPNIW5ur9ntvUtnw1erNZBLIX7h8VXg-AWfcjf8VDqXE32oZzf8eZvspL6hg_OCsMWGHUGD4G7X7Vp2yMiClVwKPvNR8JEr3Yt-MGAUaOFQzzCOqKVXQq2g8TFJfJhO8XMTfalrIXB_b28s2y3UI6TW2271N2wpLe08awz0WjDCeqC3lCsy-kzg7XTZMGJuk_ELkBV64NMwc2VGNX3yuhPmsxwnI1hT9an9ivb_fP4B_52etA>
>>
>> © 2021 Giulio Prisco Unsubscribe
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--
Giulio Prisco
Writer, futurist, sometime philosopher. Author of:
Tales of the Turing Church
Futurist spaceflight meditations
https://giulioprisco.com/
https://www.turingchurch.com/
https://turingchurch.net/
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