The "El Salvador Example" is a classic representation of the #hypocrisy of #crypto enthusiasts. This implementation goes completely against everything they claim is important about crypto. Chivo is not open source. The exchange is not public and has no way to verify its operation. #Chivo transactions do not happen on the BTC blockchain. There's no way to follow the crypto axiom: "Don't Trust, Verify."

#elsalvador #bitcoin