El Salvador passed the Bitcoin Law, but private banks, as expected, rebelled.
Behind the bullish tweets and YouTube videos painting a picture of a flawless bitcoin paradise, a brutal institutional war is raging. Traditional commercial banks are actively weaponizing compliance to freeze corporate accounts and bully founders who dare to put "Bitcoin" in their company name.
In this episode, I sat down with Will Hernandez (@whbitcoin) from @asobitcoin to expose the raw friction of building a sovereign economic grid from the ground up. He reveals the exact loopholes legacy finance uses to strangle incoming capital, the tax bottlenecks keeping businesses tethered to the USD system, and how they had to act as financial border control to protect state officials from international grifters.
Will also unpacks the Law of Alternative Funds, purchasing real estate through parallel OTC loops, and why autonomous AI agents are choosing Bitcoin over fiat for machine settlement.
If you want to understand the reality of completely severing ties with the legacy fiat grid, this is a masterclass in economic survival, straight from Bitcoin Country!
Watch the full breakdown here 👇
@prochronist You welcome them. Let me get this straight. Devs who broke their own blockchain, one that was better and light years ahead of Bitcoin mind you, ie flippening anyone, now want to "build" on top of Bitcoin? Why would anyone want to hire that? Most still want Bitcoin as money
Bitcoin is 500% larger than Ethereum because we historically have not let ETH types 'join the club,' so to speak.
Now that Ethereum is in its death throes, the ETH boys are trying to bring their failed ideas to bitcoin.
We run BIP-110 to act as a shield from this effort.