Bitcoin Community…All Eyes On El Salvador

The Bitcoin community has their eyes set on El Salvador as soon as the news broke about their adoption of Bitcoin, the floodgates have seemingly opened and now the parasites and scam artists have arrived….enter Brock Pierce..”Official Delegation Of Bitcoin Ambassadors”…give me a break…

Why Is Brock Pierce Leading An “Official Delegation of Bitcoin”

“Something is rotten in the state of El Salvador. The first nation to declare BTC as legal tender received no other than the infamous Brock Pierce. An ‘Official Delegation of Bitcoin Ambassadors’ reportedly met with President Bukele and other government officials. However, is there such thing as an ‘official delegation’ of a decentralized protocol? No, there isn’t. And the whole Bitcoin community is up in arms about the situation.

To complete the idea, Pierce said: ‘This delegation is the first to visit El Salvador in an official capacity since the start of Covid lockdowns. Glad to be making history together!’ The character has been involved in blockchain technology since 2013. The two most well-known projects he’s been a part of are the stablecoin Tether, and the protocol. A class-action lawsuit about that last one still hangs in the air. Coindesk informs:

Lead plaintiff Crypto Assets Opportunity Fund is accusing, CEO Brendan Blumer, CTO Dan Larimer, former CSO Brock Pierce and former partner Ian Grigg of deceiving investors over the token sale and are seeking damages.”


Master Asked on June 18, 2021 in Cryptocurrency.
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