Constitutional Attorney Attacks Bukele’s Bitcoin Acceptance Plan
It seems that Bukele’s Bitcoin plan still faces many obstacles if it receives a lot of mixed opinions all the time. A constitutional lawyer has attacked Bukele’s plan to accept Bitcoin by questioning legitimacy as the President of El Salvador seeks to make Bitcoin (BTC) legal tender alongside the US dollar.
Constitutional Attorney Attacks Bukele’s Bitcoin Acceptance Plan
According to ElSalvador.com, the website of the El Diario de Hoy newspaper, constitutional lawyer Enrique Anaya has claimed that the Bukele Act in itself is unconstitutional – and that the government is hiding measures to contain the coronavirus pandemic in order to avoid a dispute through action . The law is due to come into force in September.
Anaya explained that the provisions of the law were written “in unclear language” and included “prohibitive provisions of the law” (the right to refuse BTC payments if they are offered and the recipient has access to your smartphone or PC). This is essentially a “restriction of constitutional rights”.
He added that potential protests against the BTC law will be avoided as measures of social distrust are imposed to prevent the spread of COVID-19.
Lawyer says:
“Basically, the government wants to avoid protests against Bitcoin and no one will be able to protest.”
More than three-quarters of the Salvadorans surveyed were skeptical about whether BTC was recognized as legal tender in the country, Reuters reported last week, citing a nationwide survey of 1,233 people. It turns out that around 54% of respondents see the Bitcoin introduction as “not right at all”, while a further 24% describe it as “just a little bit right”.
Meanwhile, an engineer has arrived in Bukele and he has a plan to harness the power of geothermal energy from the country’s volcanoes to fuel a Bitcoin mining effort.
According to a separate report on ElSalvador.com, Salvadoran engineer Carlos Martínez has stated that Salvador’s power capacity “doesn’t even meet the needs of the BTC industry” and that the energy needs of BTC mining have caused blackouts because “demand is high”. and the electricity infrastructure is unable to support this type of demand ”.
The media claimed they tried three times to contact LaGeo, the state-run geothermal energy operator, and were told that in each case the person responsible was absent. A company director is quoted as saying that the president himself is responsible for the project.
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Important NOTE: All content on the website is for informational purposes only and does not constitute investment advice. Your money, the choice is yours.
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Constitutional Attorney Attacks Bukele’s Bitcoin Acceptance Plan
It seems that Bukele’s Bitcoin plan still faces many obstacles if it receives a lot of mixed opinions all the time. A constitutional lawyer has attacked Bukele’s plan to accept Bitcoin by questioning legitimacy as the President of El Salvador seeks to make Bitcoin (BTC) legal tender alongside the US dollar.
Constitutional Attorney Attacks Bukele’s Bitcoin Acceptance Plan
According to ElSalvador.com, the website of the El Diario de Hoy newspaper, constitutional lawyer Enrique Anaya has claimed that the Bukele Act in itself is unconstitutional – and that the government is hiding measures to contain the coronavirus pandemic in order to avoid a dispute through action . The law is due to come into force in September.
Anaya explained that the provisions of the law were written “in unclear language” and included “prohibitive provisions of the law” (the right to refuse BTC payments if they are offered and the recipient has access to your smartphone or PC). This is essentially a “restriction of constitutional rights”.
He added that potential protests against the BTC law will be avoided as measures of social distrust are imposed to prevent the spread of COVID-19.
Lawyer says:
“Basically, the government wants to avoid protests against Bitcoin and no one will be able to protest.”
More than three-quarters of the Salvadorans surveyed were skeptical about whether BTC was recognized as legal tender in the country, Reuters reported last week, citing a nationwide survey of 1,233 people. It turns out that around 54% of respondents see the Bitcoin introduction as “not right at all”, while a further 24% describe it as “just a little bit right”.
Meanwhile, an engineer has arrived in Bukele and he has a plan to harness the power of geothermal energy from the country’s volcanoes to fuel a Bitcoin mining effort.
According to a separate report on ElSalvador.com, Salvadoran engineer Carlos Martínez has stated that Salvador’s power capacity “doesn’t even meet the needs of the BTC industry” and that the energy needs of BTC mining have caused blackouts because “demand is high”. and the electricity infrastructure is unable to support this type of demand ”.
The media claimed they tried three times to contact LaGeo, the state-run geothermal energy operator, and were told that in each case the person responsible was absent. A company director is quoted as saying that the president himself is responsible for the project.
Join our Facebook group and Telegram group Coincu News to chat with more than 10,000 other people and exchange information about the crypto currency market.
Important NOTE: All content on the website is for informational purposes only and does not constitute investment advice. Your money, the choice is yours.
