LEGAL TENDER

Guest Written by Max Keiser

Facing Certain Death, We Orange Pilled A Nation

El Salvador found its place on the timeline of the universal path to the Bitcoin Singularity on June 5th, 2021 when President Bukele announced a bill to adopt Bitcoin as legal tender at the Bitcoin Magazine conference in Miami. He was introduced by Jack Mallers, whose ‘Strike’ app saw a spike in downloads after Mike Peterson kicked off a Bitcoin ‘circular economy’ in El Zonte, El Salvador by shepherding a $100,000 anonymous donation of Bitcoin to the local community and surrounding businesses of surfers and intrepid travelers. Shortly thereafter, the moniker of ‘Bitcoin Beach’ was born.

Following up on the Bitcoin Beach Strike spike, Jack Mallers hopped on a flight to El Salvador to investigate and ended up meeting with President Bukele, and they hatched a plan to make Bitcoin legal tender in El Salvador.

Max & Stacy were in the audience in Miami when the Bitcoin news from the President made global headlines. We had been involved in Bitcoin since 2010 when Stacy first mentioned Bitcoin on international TV on “Keiser Report.” We were gobsmacked by Bukele’s Bitcoin legal tender news. We booked a flight to check it out ourselves.

A few days later we found ourselves in a three hour meeting with the President talking about life, liberty and Bitcoin. We returned home, impressed, but convinced the country would end up shitcoining like everyone always does: no one has ever avoided the 5 stages of bitcoin awareness:

1. Just found out about Bitcoin, here’s how you improve it.

2. Love Bitcoin, buy my shitcoin

3. Bitcoin is a medium of exchange

4. Bitcoin is a store of value

5. Hyperbitcoinization

But Stacy, concerned about El Savador getting ripped off by shitcoiners, started messaging folks in the government with some tips on how to avoid falling for shitcoin scams. These messages were unknowingly getting relayed to the President, who invited us back to meet again.

After our second meeting, it was decided that we would move to El Salvador, that a new Bitcoin Office would be created headed up by Stacy, and a new law would be written that recognized Bitcoin as money and everything else as a security. And a new, digital securities regulator was created to enforce the laws.

And then all hell broke loose!

March 25, 2022, as we were just getting settled into our new life in El Salvador, the gangs struck. 87 murders shook the nation in a mind numbing killing spree over two days. We were alone in a small boutique hotel in San Benito. The staff had run away in fear. Our pictures had been all over the front pages having just had dinner the night before with the President and a high profile Mexican billionaire. We were sitting ducks and about to get slaughtered by MS-13, we thought. The gang war had started. Instead of fleeing, we decided to stay and help El Salvador by pushing the country toward becoming Bitcoin Country. Bitcoin is a shield as much as it is a sword. And we were from New York, so f*** those gangs. Bitcoin is backed by peace. More Bitcoin means more peace.

Before long, Stacy organized the country’s Bitcoin Strategic Reserve Fund, creating a model that other countries are now following, including the United States. How’s it going? Were we right to stay? El Salvador is now the safest county in the hemisphere with a Strategic Bitcoin Reserve Fund with close to $1 billion in Bitcoin. All thanks to the leadership and vision of President Nayib Bukele, Bitcoin, and two gringos from New York.

I suggest you come for a visit and see for yourself how it’s going.

Don’t trust. Verify.