iPhone users were a bit annoyed though, because it only worked on Android phones.
iPhone users were a bit annoyed though, because it only worked on Android phones.
I don't know that there's anything Trump can do at this point that will lose him support.
El Salvador has different prison systems for gang members and for other convicts. The prison they were sent to has a higher security level and is more strict, so they don't participate in the work program.
Right, so it's no longer legal tender.
One of them being that El Salvador lost affordable access to the international bond market for a good part of the past years due to higher country investment risk, there were multiple reasons for that that are too long for one comment.
Some for the consequences have been:
The government switched to funding their bonds locally, including a good chunk of the local banks deposits which then the banks had to refinance to a longer longer term.
The government has been taking a good chunk of the pension funds with no interest paid back. Few details about this deal are available because the pension fund administrators and government supervisors have stopped publishing most of the financial reports for months.
This is really a chicken or egg problem. Which comes first --- skilled people moving to El Salvador or a society in El Salvador that skilled people want to live in?
I think there may be a niche that could take advantage of this model. Specially those coming form countries that have problems less present than El Salvador. Like those affected by war, bad climate, unstable currency o weaker passports.
While crime was historically high, El Salvador is a very different country now with today's low crime rate. It's been truly life changing for everyone in the country who is younger than 50 years old and never lived in a country without war or gangs.
I tried installing TikTok on a blank developer phone, and the content was vastly different from what I was used to. Absolutely appalling content, the worst that humanity has to offer.
But my own feed is nothing but serious and mature content.
The question is rather how those algorithms can have a negative influence on people's perception of reality.
Who decides what is bad content? Sociologists? Should we suppress it, to save democracy? Or does that kind of censorship lead to fascism?
I've had similar experiences with new TikTok installs. One thing I've noticed is that I get lower quality content with new installs using mobile network shared IP addresses, while better content with residential IP addresses.
While I believe it's ok for my government to invest public funds in assets with different risk profiles. I would like to see an official website and an audited financial report.
This is not a far-fetched requirement for El Salvador, where a corporation with just $2000 in equity has to submit a yearly audited balance sheet for public record. Or even small town credit unions with assets a fraction of the bitcoin funds have to publish full reports online.
Of course, I don't believe that this fact has gone unnoticed for many forward thinking countries around the world. Expats in retirement have always been a thing but has always tended to attract those who were predisposed toward international travel and living a significantly different lifestyle than the USA. What I see happening now in this many countries is about 5 years ago they've started planning to see when Gen x is going to retire and how they can attract those people. Just taking El Salvador for an example, crime has been reduced immensely, there has been a boom of middle class stores and shops. They continue to build out infrastructure that is more appealing to a casual USA citizen. Prices have risen dramatically in the country but those prices are still less than what you would see in the USA. You can come here with $3,000 in month and social security and live a very nice lifestyle. The downside is, it has begin to price out an exclude many of the citizens here from participating in that lifestyle. Some of the local citizens absolutely enjoy it as they have also increased their income to take advantage of these. In this country and several others I have seen this same trend. Certainly they're attempting to bolster their own citizens middle class but I'm not sure that's their primary focus. Because so many of their citizens are left behind and continue to remain impoverished and under-educated and they lack sufficient jobs to employ them at a level that is needed to take advantage of these things. Absolutely attracting retirees seems to be their main focus. They can continue to supply cheap labor for retirees and attract those dollars that they bring with them.
It seems that every new apartment in San Salvador is being built to cater that income bracket. In the coastal region is even more. It's pricing out 97% of the Salvadorans who earn less than $3000 a month.
Judging from the instagram accounts of my friends in El Salvador, they are no longer taking local vacations. A week vacation to Mexico or Colombia, even including airfare, can be cheaper than a local one.