Opinion: Bitfinex goes full fascist

Salvadoreans are being imprisoned, murdered, and stripped of their rights, so why is Bitfinex getting friendly with the country’s government?

Bitcoin trackers reveal Saylor and El Salvador both rekt

According to two investment tracking websites, Michael Saylor and Nayib Bukele are a combined $1.75B down on their bitcoin investments.

Bukele was responding to the Bank of England’s concerns that users might not be prepared for just how volatile its price could be.

El Salvador’s government has accumulated $24 billion in debt since 1979 and the IMF predicts it will owe $38 billion within five years.

Luis Alexander Rivas Samayoa’s arrest for contempt is just the latest indication that El Salvador is creeping toward total authoritarianism.