Oddbean new post about | logout
 Definite possibility. And compared to existing other options where Bitcoin might not be legal tender like ES but the gov is not openly hostile to it, this is by far the worst deal going.

I also wonder if Max hasn’t made Bukele a bunch of promises of how he would be able to bring in outside investment from Bitcoiners, has failed to deliver, and has been told to put up or get out.

$1M passports seems really desperate, and Max is posting some really dumb shit to push it: https://i.nostr.build/4YEL.jpg  
 It definitely seems like a move they’re either pulling because they’re desperate or potentially bc there is so much demand to move to Eas they know they can raise prices like that. 

To anyone normal it seems ludicrous. That and if Bukele turns out to be a scammer or he gets ousted or something happens to him, likely the experiment is over. I don’t wish for that but the situation seems somewhat fragile. Especially to risk a milli on.