El Salvador, Lugano Sign Agreement to Help Spread Bitcoin Adoption and Education

TheDawn said:
You wanted us to provide you evidence to discredit El Salvadore on its bitcoin venture:



We both provided you links to articles to show you it was an absolute disaster. I will provide you one more: https://en.wikipedia.org/wiki/Bitcoin_in_El_Salvador

Where is your evidence showing that El Salvadore is doing well and is even having double-digit GDP growth in tourism??!! Amidst COVID??!! You just provided screenshots to show your claim. Where is the link to these nonexistent articles that shows these statistics? You must be trolling.
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There were many El Salvador metrics provided on my post since 1 year of Bitcoin adoption. You had a lot of targets to discredit them with data not opinion articles

Your job is easy, find the data that discredits the metrics

Let's focus on 3, GDP, Tourism and El Salvador borrowing

Double digit GDP growth is not the same as % growth on Tourism, do you understand?

  • your article mentions El Salvador is seeking $1B debt from IMF, where is your proof other than the article mentioning it as "rumor"?
El Salvador completed re-purchase of $500M worth of El Salvador bonds last month, you can google, Bloomberg has articles on it. IMF will not lend them $$$ as they basically told IMF to fuck off

  • Double digit GDP growth for El Salvador
upload_2022-10-29_10-52-10.png



  • Tourism growth
upload_2022-10-29_10-58-55.png
 
If you were at least just a shill, but no, you have to become dishonest and lie and falsify the facts. Well, your reply does not warrant any further comment on my end, everyone, interested, can easily look up the facts and data. Bitcoin adoption was a total fuckup for El Salvador and hardly anyone uses crypto for daily transactions. Those who did lost a large chunk of money.



johnarb said:
There were many El Salvador metrics provided on my post since 1 year of Bitcoin adoption. You had a lot of targets to discredit them with data not opinion articles

Your job is easy, find the data that discredits the metrics

Let's focus on 3, GDP, Tourism and El Salvador borrowing

Double digit GDP growth is not the same as % growth on Tourism, do you understand?

  • your article mentions El Salvador is seeking $1B debt from IMF, where is your proof other than the article mentioning it as "rumor"?
El Salvador completed re-purchase of $500M worth of El Salvador bonds last month, you can google, Bloomberg has articles on it. IMF will not lend them $$$ as they basically told IMF to fuck off

  • Double digit GDP growth for El Salvador
View attachment 298393


  • Tourism growth
View attachment 298395
More...
 
johnarb said:
There were many El Salvador metrics provided on my post since 1 year of Bitcoin adoption. You had a lot of targets to discredit them with data not opinion articles

Your job is easy, find the data that discredits the metrics

Let's focus on 3, GDP, Tourism and El Salvador borrowing

Double digit GDP growth is not the same as % growth on Tourism, do you understand?

  • your article mentions El Salvador is seeking $1B debt from IMF, where is your proof other than the article mentioning it as "rumor"?
El Salvador completed re-purchase of $500M worth of El Salvador bonds last month, you can google, Bloomberg has articles on it. IMF will not lend them $$$ as they basically told IMF to fuck off

  • Double digit GDP growth for El Salvador
View attachment 298393


  • Tourism growth
View attachment 298395
More...

"El Salvador has been trying since early 2021 to secure a $1.3 billion loan from the IMF — an effort that appears to have soured over Bukele’s refusal to heed the organization’s advice to ditch bitcoin as legal tender." This is from an article published by CNBC: https://www.cnbc.com/2022/10/13/el-...has been trying,ditch bitcoin as legal tender.

and two articles from Reuters stating the same thing:

https://www.reuters.com/world/ameri...says-possible-imf-deal-no-panacea-2022-07-14/

https://www.reuters.com/article/us-el-salvador-economy-exclusive-idUSKBN2AW1GV

It's trying to secure the loan to avoid a medium-term default. Its economy is in shambles. And its holding of bitcoin has dropped in more than half of its value as bitcoin itself has lost 60% of its value. That's something everybody can see.

The screenshots that you put on there that shows the supposedly 10% GDP growth is from 1965 - 2022. So in 57 years, its economy has only grown 10% and you call that rapid growth due to bitcoin?

It's clear you are a pathetic troll who's just fishing for garbage to put in useless screenshots to generate views for your thread. You haven't included one link to back up your claim because there is nothing there. This is the last post from me. I am stopping following this garbage thread that's totally a waste of ET's server space. @Baron or @Magna should just chug it.
 
M.W. said:
If you were at least just a shill, but no, you have to become dishonest and lie and falsify the facts. Well, your reply does not warrant any further comment on my end, everyone, interested, can easily look up the facts and data. Bitcoin adoption was a total fuckup for El Salvador and hardly anyone uses crypto for daily transactions. Those who did lost a large chunk of money.
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You're a worse man than deaddog
 
TheDawn said:
"El Salvador has been trying since early 2021 to secure a $1.3 billion loan from the IMF — an effort that appears to have soured over Bukele’s refusal to heed the organization’s advice to ditch bitcoin as legal tender." This is from an article published by CNBC: https://www.cnbc.com/2022/10/13/el-salvadors-bitcoin-holdings-down-60percent-to-60-million-one-year-later.html#:~:text=El Salvador has been trying,ditch bitcoin as legal tender.

and two articles from Reuters stating the same thing:

https://www.reuters.com/world/ameri...says-possible-imf-deal-no-panacea-2022-07-14/

https://www.reuters.com/article/us-el-salvador-economy-exclusive-idUSKBN2AW1GV

It's trying to secure the loan to avoid a medium-term default. Its economy is in shambles. And its holding of bitcoin has dropped in more than half of its value as bitcoin itself has lost 60% of its value. That's something everybody can see.

The screenshots that you put on there that shows the supposedly 10% GDP growth is from 1965 - 2022. So in 57 years, its economy has only grown 10% and you call that rapid growth due to bitcoin?

It's clear you are a pathetic troll who's just fishing for garbage to put in useless screenshots to generate views for your thread. You haven't included one link to back up your claim because there is nothing there. This is the last post from me. I am stopping following this garbage thread that's totally a waste of ET's server space. @Baron or @Magna should just chug it.
More...

You're a fucking stupid troll @TheDawn

I cut off the screenshot, that's 2021 GDP growth. I even showed you the search term, you fucking lazy asshole, you could have typed it yourself

There's no IMF loan. There will not be an IMF loan. El Salvador is flushed with money from increased in their GDP due to Bitcoin adoption and increased in tax revenues equivalent to 2.7pp of GDP, per BofA report

El Salvador has so much cash they bought over $550M of their bonds last month

That screenshot is part of a report that was published last month, but I don't need to send you the report since your job is so fucking easy, all you gotta do is produce data and source that invalidates any one of those metrics

over 3000% energy export increase? that must be a typo, but you can't even produce your data to dispute that

95% decrease in crime? And you're a fucking shithead that you cannot get the data and source to disprove that

You're a useless troll, you have many targets and can't even hit any of them, you're a pathetic loser in life, @TheDawn

Go cry yourself to sleep you fucking idiot @TheDawn
 
I'm more inclined to believe this:
El Salvador’s bitcoin experiment: $60 million lost, $375 million spent, little to show so far
But I suppose it could be fake news. :D
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Freedom is a good thing ,you can believe anything you wish. I also believe Bitcoin will go to $1M/btc in the next 10 years

Everyone should also have enough critical thinking abilities to pursue certain facts that contradict the narratives
  • Where did El Salvador get over $550M to buy back their bonds last month? Is that a little thing?

El Salvador metrics are up significantly, GDP, tourism, tax revenues, businesses, employment, exports and others while crime rate is down significantly. It's prolly nothing...
 
johnarb said:
You're a fucking stupid troll @TheDawn

I cut off the screenshot, that's 2021 GDP growth. I even showed you the search term, you fucking lazy asshole, you could have typed it yourself

There's no IMF loan. There will not be an IMF loan. El Salvador is flushed with money from increased in their GDP due to Bitcoin adoption and increased in tax revenues equivalent to 2.7pp of GDP, per BofA report

El Salvador has so much cash they bought over $550M of their bonds last month

That screenshot is part of a report that was published last month, but I don't need to send you the report since your job is so fucking easy, all you gotta do is produce data and source that invalidates any one of those metrics

over 3000% energy export increase? that must be a typo, but you can't even produce your data to dispute that

95% decrease in crime? And you're a fucking shithead that you cannot get the data and source to disprove that

You're a useless troll, you have many targets and can't even hit any of them, you're a pathetic loser in life, @TheDawn

Go cry yourself to sleep you fucking idiot @TheDawn
More...

Damn, john, you get pretty saucy during ET after-dark.
 
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