Hacker News new | ask | show | jobs
by Avshalom 1835 days ago
>> Lets remember that the law obligates the government to instruct all citizens on the use of the technology and to provide the means if necessary. This means that the government now has to provide connectivity to all citizens and teach them. Nayib has shown that he’s up to the task. For example, El Salvador is providing every child in the public school system with a laptop and free internet connectivity.

That could have been done with just like a public bank instead of bitcoin though.

1 comments

If this experiment works, it should benefit the people in El Salvador because they now have the option to transact and communicate their purchase preferences all around the globe instead of just to the people they meet in person. As for using normal banks, I reckon we had the whole 20th century to try that experiment. Now, banks seem a bit like hope-cope such that it seems like a matter of shitting in one hand and "could have been done with just like a public bank" in the other.