Ben McKenzie
👤 SpeakerAppearances Over Time
Podcast Appearances
The people win, we win, government raises a little money.
So they did this big system.
And you got a wacky president in the mix.
Yeah, referred to himself at one point on his Twitter handle as the world's coolest dictator.
That's who you want as your president.
Yeah, it was very weird.
So anyway, with much fanfare, they announced that Bitcoin was going to be currency.
They had a system called Chivo.
Chivo means cool, which to me is so lame that they named their system.
You can't call something cool.
Don't call something cool.
Such a rookie government move.
Bad move on a marketing guy.
Anyway, they gave everybody like 30 bucks of Bitcoin.
Every Salvadoran citizen.
All you had to enter was your national ID number, which is sort of like your social security number.
But the system was terrible.
People had their ID number stolen and you had to take a picture to get the money and people would like put their pets up to the camera.
So it was just a mess.
So a lot of people didn't get that money.