> Let me add that I genuinely want El Salvador to do well: it's in your country's and my own best interest.
Me too.
> Establishing your country as a crypto friendly jurisdiction seems like a far-sighted move that most people won't really understand the long-term benefits until a long time later.
I don't work directly with law, but El Salvador is becoming an an increasingly complicated jurisdiction to work in.
There have been more than a handful contradictions between written law, tweets, and government official declarations.
Doing business, in a country with conflicting interpretations of law is complicated, wether plain old business or crypto.
Laws changing on Sunday evenings, optimized for social media engagement instead of business hours. Or laws coming onto force before they are officially published.
Tweets or government official declarations used as an official 'interpretation' of law. Sometimes the interpretation being close to the opposite of what the law states. Who to believe? The interview, the tweet, the written law, the supreme court?
This confusion permeates everything. From complex stuff:
Like for the past months, a big pension reform has been announced. No drafts available of course. Will the individual pension accounts be nationalized? (Equivalent to the US IRA/401k/Employer contributions) There's no public info about that.
To the day to day stuff:
If the police detains someone and posts their picture on and convicts you for 20 years in prison in twitter. Is the tweet a valid conviction or not? I don't know. Judgement via social media?
Can police stop someone and check their phone? Yes
Have people been sent to prison for not carrying a phone? Yes
Have people been sent to prison for a 20 second TikTok video using the 'wrong' background song? Yes.
Can a business be taken over by the government? Yes, it happened at least once. It didn't even follow a normal law process and was a very confusing procedure with conflicting official declarations.
Can the police force the door open while a couple is in a 'love hotel' with your gf/bf and post their picture in social media, in underwear, your car, license plate, or your ID card? It has happened before too. Security checks.
Will having the wrong local rap song in the Spotify history send someone to prison? Probably.
Thanks for sharing. I can see some of this stuff unfortunately being true, but some of it sounds pretty ridiculous and I'd guess might be embellished a little.
That being said, is some of this justice system stuff being worked on? I think your president was focusing on crime issues in addition to the crypto stuff, but I don't really follow all of the El Salvador news too closely.
The interpretation being close to the opposite of what the law states, for example the reinterpretation of the constitution regarding consecutive reelection:
Me too.
> Establishing your country as a crypto friendly jurisdiction seems like a far-sighted move that most people won't really understand the long-term benefits until a long time later.
I don't work directly with law, but El Salvador is becoming an an increasingly complicated jurisdiction to work in.
There have been more than a handful contradictions between written law, tweets, and government official declarations.
Doing business, in a country with conflicting interpretations of law is complicated, wether plain old business or crypto.
Laws changing on Sunday evenings, optimized for social media engagement instead of business hours. Or laws coming onto force before they are officially published.
Tweets or government official declarations used as an official 'interpretation' of law. Sometimes the interpretation being close to the opposite of what the law states. Who to believe? The interview, the tweet, the written law, the supreme court?
This confusion permeates everything. From complex stuff:
Like for the past months, a big pension reform has been announced. No drafts available of course. Will the individual pension accounts be nationalized? (Equivalent to the US IRA/401k/Employer contributions) There's no public info about that.
To the day to day stuff:
If the police detains someone and posts their picture on and convicts you for 20 years in prison in twitter. Is the tweet a valid conviction or not? I don't know. Judgement via social media?
Can police stop someone and check their phone? Yes
Have people been sent to prison for not carrying a phone? Yes
Have people been sent to prison for a 20 second TikTok video using the 'wrong' background song? Yes.
Can a business be taken over by the government? Yes, it happened at least once. It didn't even follow a normal law process and was a very confusing procedure with conflicting official declarations.
Can the police force the door open while a couple is in a 'love hotel' with your gf/bf and post their picture in social media, in underwear, your car, license plate, or your ID card? It has happened before too. Security checks.
Will having the wrong local rap song in the Spotify history send someone to prison? Probably.