The Exciting Appointment
In a move that has sent ripples through the cryptocurrency world, Dr. Saifedean Ammous, the genius behind the well-regarded book The Bitcoin Standard, has landed a prestigious role as the economic advisor to the National Bitcoin Office of El Salvador. This news surfaced on May 30th, and it seems like the stars have aligned for a Bitcoin revolution!
A Glimpse at the Book
Dr. Ammous’s groundbreaking book, which hit the shelves back in April 2018, offers a deep dive into the evolution of money. It outlines the transition from solid forms of value to dodgy fiat currencies and the subsequent inflation fiasco. If you haven’t read it yet, consider it both a history lesson and a financial manifesto. Think of it as the superhero origin story of Bitcoin!
Statement from the Man Himself
In a joyous tweet announcing his new role, Ammous expressed his enthusiasm to be part of “the first country to adopt a Bitcoin standard!” Being part of this groundbreaking initiative might just be as exciting as meeting a celebrity at a coffee shop, but infinitely more valuable. He stated, “What makes Bitcoin unique is that it gives you the opportunity to have a strong asset that doesn’t depreciate over the years.” Can’t argue with that – Bitcoin is like a fine wine that gets better with age, while fiat money has the shelf-life of a banana.
The Visit to El Salvador
Dr. Ammous recently took a trip to El Salvador, where he not only imparted wisdom to aspiring Bitcoin developers at the CUBO+ program but also exchanged ideas with President Nayib Bukele. It’s safe to say that when you have a Bitcoin advocate and a Bitcoin-friendly president in the same room, magical things can happen.
The Bigger Picture: Economic Freedom
During an interview with local media, Ammous pointed out the dire consequences of relying on depreciating money. He stated, “If you have money that depreciates over time, there is no point in saving and it makes sense to get into debt.” It sounds like the perfect recipe for a never-ending cycle of financial despair. But, he believes that if El Salvador continues to accumulate Bitcoin, it may just break free from debt shackles within five years. Talk about giving hope a whole new meaning!
No Pay, Just Passion
In an era where financial gain often overshadows altruism, it’s refreshing to hear that Dr. Ammous has declined compensation for his advisory role. He’s in it for the love of Bitcoin and the vision of economic liberty, proving that sometimes passion outweighs paychecks.
Bitcoin’s Dream Team
Joining Dr. Ammous in this cryptocurrency crusade are notable figures like broadcaster Max Keiser and television personality Stacy Herbert. Keiser remarked that The Bitcoin Standard has “’Orange Pilled’ millions” – a term that indicates a transformative enlightenment about Bitcoin. Sounds like Dr. Ammous is leading the charge in what could be the Bitcoin renaissance.
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