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Co-founder of Ethereum (CRYPTO: ETH) Vitalik Buterin protests against Salvadoran President Nayib Bukele’s policy of Bitcoin (CRYPTO: BTC) mandatory use for traders and businesses, claiming it goes against cryptocurrency’s “ideals of freedom”.
What happened: Buterin says the policy of getting people to use bitcoin with almost no prior attempt to educate them is “reckless” and “runs the risk that large numbers of innocent people will be hacked or ripped off.”
“Shame on everyone (alright, alright, I’ll call the top officials: shame on Bitcoin’s maximalists) praising it uncritically,” Buterin added in a post on Reddit.
Last month, El Salvador made bitcoin legal tender, and although it is optional for citizens of the country to use the cryptocurrency, all businesses must accept bitcoin as long as they have the technology to do so. to do.
Buterin said he believed Bukele’s politics were partly driven by politics, but were also driven by personal factors.
“He’s a human being like the rest of us, he loves to be praised by people he sees as powerful (ie Americans),” Buterin said. “Bitcoin maximalists are a very easy community to get to congratulate you on – you just need to be in a position of power and do or say nice things about them and their coin. “
Related Link: El Salvador Introduces Fuel Subsidy For Citizens Who Pay In Bitcoin
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