El Salvador’s Chivo Bitcoin Wallet Crash, What Really Happened?

Recap of everything Bitcoin for September 14th, 2021
► The media continues to freak out about El Salvador’s Nayib Bukele making Bitcoin legal tender and their Chivo Bitcoin wallet. WSJ article states their Bitcoin policy is a scam, “getting kicked off Swift is like getting knocked back into the financial Stone Age.” Looking at the real narrative, El Salvador’s chivo wallet actually crashed because 11% of the country downloaded it!!! A year ago the media could care less about El Salvador’s economy.

► MicroStrategy has purchased an additional 5,050 Bitcoin for $242.9 million in cash! Michael Saylor and MicroStrategy have taken the ORANGE PILL!

► Tron buys BitTorrent in attempt of competing with Ethereum, saying all these sh*tcoins will exist under one coin! Join us reviewing Justin Suntron tweets in our epic daily fails.

✔ Check out our special guest, @randymickmilan
► https://twitter.com/randymcmillan?lang=en

✔ Daily Fail Sources:
► https://mobile.twitter.com/justinsuntron/status/1437311546699304962
► https://twitter.com/coinicarus/status/1171745744304447491?s=21
► https://twitter.com/coinicarus/status/1221764918900330497?s=21
► https://twitter.com/coinicarus/status/1375059750732316677?s=21
► https://twitter.com/coinicarus/status/1111580801748086784?s=21

✔ Epic Meme by @_benkaufman
► https://twitter.com/_benkaufman/status/1437817423231701003?s=28

✔ BTC Daily News Sources:
►https://www.wsj.com/articles/el-salvadors-bitcoin-scam-dollar-crypto-currency-monetary-policy-11631470517
►https://bitcoinmagazine.com/markets/el-salvadors-chivo-wallet-500000-registrations-in-one-week
►https://www.france24.com/en/live-news/20210910-foreign-investors-exempt-from-tax-on-bitcoin-profits-el-salvador
► https://twitter.com/inthepixels/status/1437858553407148033?s=28
► https://twitter.com/michael_saylor/status/1437386724443926535?s=28

✔ Bitcoin Core v22.0 Released
► https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2021-September/019450.html

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DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.

Timecodes:
0:00 - Intro
0:11 - Bitcoin Stats
4:14 - Daily Fail
19:33 - Meme Review
22:38 - BTC Daily News
40:50 - BTC Software Releases