The team goes deeper into what Bitcoin did in “Follow the Money”. The podcast is already part of El Salvador’s story, hosted by Peter McCormack The first to interview President Buccaneer After the announcement of the Bitcoin Act. In this new documentary, he explores how Salvadorans think about him. He also recorded Jack Mailer’s part in the video for the story, and Strike Mastermind Interview That’s about the right thing.
In this documentary, however, McCormack tries to find out what the average Salvadoran thinks about bitcoin law. He went to protest against it, confronted people and talked to markets and vendors. Their answer is wonderful. Near the end, McCormack is interviewing Buckel for the second time, but let’s not get ahead of ourselves.
The documentary begins with a wild piece of information about our planet, “On September 7, 2021, El Salvador became the first country in the world to hold a legal tender for bitcoin.” Then, using flashy drone shots and never seen footage before, McCormack and company tell us the rest of the story. And show us things we’ve already reported from another angle.
Regarding Bitcoin’s commitment to legal tender, the documentary states:
“The decision was celebrated by Bitcoiners around the world. It promises to bring financial freedom to Salvadorians and free the dollar-laden economy from the grip of the United States, but that is only part of the story. The other side is far behind El Salvador’s violent history.”
Follow the edition of The Money, El Jonte
Everyone should probably know, it started in a small fishing village which we now know as Bitcoin Beach. Its real name is El Jonte and one of the people who started the whole movement, Michael Peterson, tells the story of the origin of the project.
“We actually met this guy who was an early bitcoin investor, and he basically just said, you know, I made all this money in bitcoin and I will never be able to use it myself. I want to use it to do something good in the world. They were looking for a project that would actually help introduce Bitcoin. We started paying kids to work on different work programs on Bitcoin and at the same time we worked with different stores to be able to accept it. “
Another of the “Follow The Money’s” heroes was Michael’s wife, Britney. He clearly mentions the goal of what his family is doing in El Salvador.
“… I think the goal behind any organization that comes down to good work is to empower the local people, they will be here forever, and you will find some important people there and then they start making small changes in the community and then They change over time. “
One of the supporting characters in the documentary, coffee shop owner Enzo Rubio has a positive story. “We’ve seen Bitcoin rise to the top, so I had a pretty good idea of saving in Bitcoin, so that’s what I’m doing.” And his views on the future of the Bitcoin network are bullish. “At the end of the day, when people learn about it, they will be able to do amazing things with their money.”
He added that this is a great opportunity for Salvadoran youth to study to become developers, or in Rubio’s words, “learning code in blockchain.”
BTC price chart for 05/24/2022 on Coinbase | Source: BTC/USD on TradingView.com
Follow the money, the seller, and the defendant
In the days since the Bitcoin Act came into force, the Bitcoin Dead team recorded the documentary “Follow The Money # 1”. Peter McCormack introduced the situation, “Bitcoin news spread across the country, but after talking to dozens of Salvadorians, it was clear that many did not understand it or what it would mean to them.”
The crew goes to a local market and McCormack starts asking people if they plan to accept Bitcoin soon. It’s a “no” across the board. No one is interested in the matter. A local seller said he tried and failed, saying, “There is no education, the necessary things are not explained to the people. We have more important problems in this country than exchanging currency, it should be secondary.”
Currency is the main problem. Everything should be secondary to fix the money, but it is not here or there. After talking to neutral sellers, McCormack is ready to talk to those who are against Bitcoin. Are they just trying to get President Buckley back? What will stand in their case? McCormack again introduces the situation:
“Just days after the introduction of Bitcoin as a legal tender, the capital, San Salvador, has seen small but exciting protests, and I am saddened to see that my relationship with Buckel has become part of the story.”
Protesters see Buckle’s first interview and think McCormack and he are doing business together. One of them leaked their case. “The point is, this bitcoin policy has been propagated without consulting the Salvadoran population.
To get to the bottom of this, McCormack will talk to an opposition leader and interview Buchel a second time. Stay tuned for the second episode of this series.
Featured Image: McCormack screenshot from the documentary | Charts by TradingView