Vitalik Buterin Criticizes El Salvador President’s Mandatory Bitcoin Adoption Policy

October 10, 2021 Marla Brooks

Vitalik Buterin, co-founder of Ethereum, spoke out against President Nayib Buke’s mandated bitcoin use for merchants and businesses. He said it was against cryptocurrency “ideals to freedom”.

Buterin made the comment in response to Reddit’s article “Unpopular opinion: El Salvador President Mr. Nayab(Nayib), Bukele shouldn’t be praised Crypto community.” He also called out “Bitcoin Maximalists,” who he believes praised the El Salvadoran president’s decision without criticizing him.

“Additionally, pushing BTC to millions in El Salvador simultaneously with little or no prior education is dangerous and could lead to innocent people being hacked, or even scammed.”

However, President Bukele had previously stated that Bitcoin adoption was not mandatory for citizens of El Salvador.
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Marla Brooks

Marla Brooks – Financial Analysis

My name is Marla Brooks, and I am the mainstream behind the”observednews.com” for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

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Marla Brooks

Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com” for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.