Eh, just to clarify the 'clarity' I recommended no such thing.
What I did say was that for the first time poor people could claim a stake on property. Something that is denied to them in near perpetuity under the fiat system.
It was your suggestion that these poor El Salvadorians could lose everything they own. That there best bet was to stick with the status quo, to watch what meagre savings they have depreciate by a guaranteed 2%pa.
I just an advocate of having a option to opt out of such a system. Bitcoin offers that option.
I don't think I was too outa line in paraphrasing this philosophy as "you have nothing to lose, but bitcoin might change all that" i.e. an appeal to the lotto mentality.Wolfie a while back said:So there are risks for poor people in El Salvador getting involved in bitcoin. But how much poorer will they be if bitcoin returns to zero than had they not involved?
On the other hand, if bitcoin shoots for the stars, then imagine for the first time in history poor people having some leverage for their own well-being and affairs.
The alternative, not buying bitcoin, seems to say to El Salvadorians - you are poor, you will stay poor, and as unfortunate as that is, that is the way it is and will be.