El Salvador didn’t do the math, they followed the hype.
El Salvador thought:
“Bitcoin = instant investment boom. If we legalize Bitcoin, the Bitcoin whales will come. They’ll build cities, businesses, even power plants.”
But reality hit fast. What really happened:
Bitcoiners came for a selfie, a coffee, maybe a surfboard. Some moved there thinking “freedom + Bitcoin = paradise.”
But:
Most didn’t build essential infrastructure. Few created jobs or long-term industries. Many left once they realized nothing was actually built yet.
Truth Bomb: El Salvador didn’t attract builders. It attracted Bitcoiners who believe in Bitcoin, but not the ones who build the real-world systems that turn that belief into a working, sustainable nation and belief alone doesn’t power factories, secure the grid, or build a self-sustaining nation.
Here’s what they should have done:
Build energy and industrial zones first Offer real ownership and legal clarity Partner with doers, not just Twitter propagandists
But come on, do you really think some rich Bitcoiner is going to show up and build a hydroelectric or geothermal megaton power plant?
Let’s be real: Most Bitcoiners are investors, hodlers and freedom-seekers not industrialists.
And it’s not Bitcoiners fault. They grew up in a fiat world, working jobs, not building factories or running power grids.
So… did El Salvador really think Bitcoin whales would flood in and build the future? Are there even that many whales to begin with?
Did they seriously believe rich Bitcoiners would come rushing in to buy overpriced real estate and retire early?
Yes — El Salvador thought all that but Bitcoiners are smarter than that.
They’re young, they’re driven, and they’re not looking to sit around in retirement doing nothing. And they sure as hell aren’t buying into a real estate bubble.
El Salvador, nice try but you jumped the gun.
Bitcoiners might have the money, the vision, the freedom but Bitcoin is the foundation, not the house.
Bitcoiners have the foundation but aren’t ready to build the house because they lack the knowledge, the tools, and the blueprint to build a house.
What would you do if you were a Bitcoin whale? Would you really want to go to El Salvador to build a multi-million-dollar geothermal power plant?
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Post#426
