The Media Calls El Salvador's Bitcoin Law a Failure, is it? | EP 537

► Mainstream Media releases major hit piece on El Salvador's & Nayib Bukele's Bitcoin law, the article selects key talking points and completely ignores the benefits of a Bitcoin standard. Today we debunk it.

BTC Stats:
► https://twitter.com/xentagz/status/1541325554212917249?s=28&t=qzgp_iq3apvAgBDKbnwLKw

Epic Memes:
► https://twitter.com/rd_btc/status/1551280987685982217
► https://twitter.com/michael14473043/status/1519009393785901056?s=21&t=WBaGq7GBxwWZHOJcl6oh-Q
► https://twitter.com/da_chateau/status/1551244794646732800?s=21&t=uzYreVhaQ4Bnl_pFK5BNYg
► https://twitter.com/thefuckisalommy/status/1551198783358345221?s=20&t=WqCJ1cM_Fd9niMSzdPK6_w
► https://twitter.com/nikcantmine/status/1551201067593093120?s=20&t=WqCJ1cM_Fd9niMSzdPK6_w
► https://twitter.com/rothmus/status/1551368202231418880?s=21&t=FrLcZmrmsj43ikZJaBtN4w
► https://twitter.com/GhostOfBekka/status/1549029731491713026?s=20&t=f8_SSDAh2Klz0zNtFuMfXg

Daily Fail:
► https://twitter.com/saifedean/status/1551210818125107202?s=21&t=FKc6bpJgry8NlgHkyN6IEw
► https://nypost.com/2022/06/01/janet-yellen-admits-she-was-wrong-about-inflation/
► https://nypost.com/2022/07/21/ny-times-columnists-admit-to-being-wrong-in-series-of-mea-culpas/
► https://twitter.com/financialjuice/status/1551222216427274241?s=21&t=ceL_1na7CrN_zZ4cIU6y2g
► https://twitter.com/ben__rickert/status/1551397418960240640?s=21&t=FrLcZmrmsj43ikZJaBtN4w

BTC News:
► https://www.telegraph.co.uk/world-news/2022/07/11/el-salvador-forced-citizens-use-bitcoin-what-happened/
► https://en.wikipedia.org/wiki/Opinion_polling_on_the_Nayib_Bukele_presidency#:~:text=Despite%20negative%20reception%20from%20outside,generally%20hover%20around%2090%20percent.
► https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locations=SV
► https://bitcoinmagazine.com/technical/making-bitcoin-unstoppable-part-one-mesh-nets

Website by Pleb
► https://borderwallets.com

Bear Market Diaries: http://simplybitcoin.news/

Check out our Sponsors, support Bitcoin ONLY Businesses:

Crypto Cloaks: ► http://www.cryptocloaks.com
► For all of your 3D printed needs: Bitcoin Node Cases, Lightning Network Code Cases, BTC keychains, coasters, 3D Printed Honey Badgers, wallet mounts and a whole lot more !

► USE PROMO CODE 'SIMPLYBITCOIN' FOR 5% OFF THE CRYPTOCLOAKS.COM STORE!

Citadel21: ► https://www.citadel21.com
► A Bitcoin cultural zine. Bitcoin culture is rich and varied. It contains a multitude of voices, opinions and flavors. Only 1000 of each volume are made.

Swan: ► https://www.swanbitcoin.com/simplybit...
► Swan is the best way to build your Bitcoin stack, with automated Bitcoin savings plans and instant purchases. Serving clients of any size, from $10 to $10M+

CypherSafe: ► https://cyphersafe.io
► When you’ve decided to be your own bank and hold your bitcoin yourself, it’s time to create a physical backup to protect those keys and your bitcoin. CypherSafe offers a full line of physical stainless steel products to help you protect your bitcoin from various modes of failure.

Represent Clothing: ► https://www.representltd.com
► Check out Represent LTD’s full clothing line including collabs, originals & collections. Super comfortable, great fit and Style, there is something for everyone: hoodies, tees, tanks, jackets and more!
It's your life...represent accordingly.

► USE PROMO CODE SIMPLY-BITCOIN FOR 10% OFF ANYTHING IN THE REPRESENT CLOTHING STORE!

NODL : ► https://www.nodl.eu
► Running Bitcoin, just like in Hal Finney's legendary tweet. Use all the Lightning features thanks to your always on device. Easy to Use, Everyone can run a NODL. Privacy focused.

Join our Telegram, Give us Memes to Review!
► https://t.me/TheSimplyBitcoinChannel

Follow Us!
► https://twitter.com/SimplyBitcoinTV
► https://twitter.com/BITVOLT7
► https://twitter.com/My_Livin_Truth

Special Thanks to these Awesome Bitcoiners:
► https://bitcoin.clarkmoody.com/dashbo...
► https://t.me/nobullshitbitcoin
► https://twitter.com/DocumentingBTC

Descriptions & Thumbnails by, Meg:
► https://twitter.com/btcmeg

► We are a proud supporter of Bitcoin only businesses.

️ simplybitcoin@getalby.com

DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.

Timecodes:
0:00 - Intro
1:35 - BTC Stats
5:22 - BTC News
28:18 - Daily Fail
45:09 - Meme Review
50:44 - Website by Pleb

#Bitcoin #BitcoinDailyNews #BitcoinDailyRecap