El Salvador’s Heavy-Handed Bitcoin Adoption Violates 'Crypto Ethos': Blockchain.com Exec

From decrypt.co

Nicolas Cary, co-founder and vice chairman of Blockchain.com, today criticized El Salvador’s approach to Bitcoin as legal tender. “I think there’s some valid criticisms of how the program is rolled out in El Salvador in terms of being top down. One of the main ethos of crypto is that there’s really grassroots adoption, and people are doing it voluntarily,” Cary said during the Token 2049 conference in London. Cary’s comments come after a long line of Bitcoin-related controversies for President Nayib Bukele’s government. President Bukele first announced that El Salvador would embrace Bitcoin as legal ... (full story)