Finns BitGo bakom El Salvadors Chivo -plånbok? Denna Old School Mag tycker så

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Finns BitGo bakom El Salvadors Chivo -plånbok? Denna Old School Mag tycker så

Where did BitGo come from? In all of this time covering El Salvador’s Bitcoin Law, the name wasn’t in the picture. Now, all of a sudden, Forbes claims that BitGo’s technology is behind the controversial Chivo wallet. How and when did this happen? Or, more importantly, is this real news or a paid piece to take advantage of the “historic moment for cryptocurrency adoption.” 

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Not to be conspiratorial, but Forbes’ tone through this whole piece has a press-release-feel to it.

“For months, El Salvador has kept many of Chivo’s details under wraps with the nation’s 40-year-old president, Nayib Bukele, teasing the wallet’s launch on Twitter just last week. However, Forbes has learned El Salvador appears to have tapped cryptocurrency unicorn BitGo to provide Chivo’s wallet infrastructure and security platform, making the Palo Alto, Calif-based startup the nation’s exclusive hot-wallet provider in a historic moment for cryptocurrency adoption.”

What’s all this about “cryptocurrency unicorn BitGo” and “the nation’s exclusive hot-wallet provider in a historic moment”? Is this the appropriate vocabulary for a legacy media publication like this one? The most worrying sentence, however, is “Forbes has learned El Salvador appears to have tapped…” They’re not committing to anything here. It “appears” this way, but nothing is certain.

BTC price chart for 09/07/2021 on Bitstamp | Source: BTC/USD on TradingView.com What Does BitGo Say About The Announcement?

Inte El Salvadors regering, inte heller Strike kommenterade Forbes -delen. De fick en offert från Mike Belshe, VD för BitGo, som sa:

“Digital assets look so different from what we’ve seen with other types of money, and so people wonder about how [they] fit in, but this is an opportunity to build financial freedom for the people of El Salvador” says BitGo CEO Mike Belshe, speaking from his home in Silicon Valley on Saturday. “The ability to send money in a hurry on a Saturday night, when banks are closed, across the planet and at almost no fees, it’s hard to put into words how empowering that is, and what we’ll see in El Salvador is, people will start figuring it out.” 

Did Belshe confirm the news? Is BitGo behind the Chivo App? He talks about “an opportunity to build financial freedom for the people of El Salvador.” So yeah, assuming Belshe was talking about this specific rumor, he seems to confirm the news. Indirectly. In a non-comital way.

För att göra saken värre slutar artikeln att presentera BitGo eftersom deras eget marknadsföringsmaterial skulle:

"BitGo grundades 2013 och har vuxit till ett av de största kryptovalutaföretagen i världen och samlat in mer än 70 miljoner dollar i finansiering från investerare inklusive ..."

Låt oss komma ihåg, vad sa Strike om ämnet?

Strike’s Jack Mallers has met with the Bukeles, announced El Salvador’s Bitcoin adoption, and the company has an office at Bitcoin Beach. Everyone was assuming that the technology behind the Chivo wallet was going to be Strike’s. However, if we go back to the interview in which Mallers told the whole story, our sister site Bitcoinist quotes him saying:

”Det finns inget kommersiellt avtal mellan Strike och El Salvadors regering.

”Faktum är att jag rådde och gav min åsikt om det motsatta. Stordriftsfördelarna och nätverkseffekterna i samband med öppna nätverk är så kraftfulla. Bara genom att ansluta till dem kommer du att få freemarket -tävlingen som varje land skulle dö för. ”

Related Reading | Tomorrow, The Community Will Buy $30 In BTC To Support El Salvador’s Bitcoin Lag

Tog president Bukele hans råd och gick med ett annat företag? Kan vi lita på Forbes även om det låter som ett kopierat och klistrat pressmeddelande? Är BitGos teknik bakom Chivo Wallet? Vi vet säkert mycket snart.

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