Social networks exploded in rejection of the alleged delegation. Several actors in the bitcoin ecosystem have been visiting El Salvador lately because of the boom that the new law about bitcoin being a legal tender created.

A faction of businessmen who call themselves “ambassadors” of bitcoin, held a meeting with several members of the Government of El Salvador, led by the ambassador of that country to the United States, Milena Mayorga.

Among the investors was Brock Pierce, which is linked to various cryptocurrency-based projects such as Tether (USDT), EOS, and the Bitcoin Foundation.

Pierce said on his Twitter account: “It is a great honor to lead this official delegation of Bitcoin ambassadors in El Salvador to educate the government on how Bitcoin, blockchain, and technology can bring a better future for everyone in their country.”

After the law that recognizes bitcoin as legal tender in El Salvador came into effect, many citizens and companies that belong to the Bitcoin ecosystem have shown their interest in investing and have even paid a visit to the Central American nation in recent days.

One of them is the famous bitcoin influencer, Peter McCormack who even sustained a meeting with the president of El Salvador, Nayib Bukele, and the CEO of the Paxful exchange, Ray Youssef.

The Central American Nation is now Attracting Suspicious Entrepreneurs

However, the opening of the Central American country towards bitcoin could also attract some cryptocurrency entrepreneurs that carry an infamous reputation in the crypto-world.

Such is the case of the Bitcoin Foundation, with a dark creation full of controversy. Among these controversies, there is the former vice president of the organization, Mark Shrem, who was arrested in 2014 for alleged conspiracy in the laundering of a million dollars in bitcoins.

In 2015, a member of the board of directors announced that the foundation was also insolvent and there is no news about a change made for the foundation since the allegation happened.

Pierce became part of the Block. one team, a company with which he organized the ICO of the cryptocurrency EOS, where he served as director of the strategy and along with other executives faced a lawsuit for alleged fraud. The plaintiffs claimed that the ICO promoters inflated the price of the cryptocurrency with artificial methods.

There is a Community Rejection of Bitcoin “Ambassadors”

A bunch of protests took place through Twitter, the claim was that many defenders of the leading cryptocurrency chose to criticize Pierce and the rest of the investors who assumed themselves as “ambassadors” for Bitcoin.

One of these ambassadors was the CEO of Blockstream, Samson Mow who made a call to world leaders arguing that there is no official delegation for Bitcoin. Anyone who contacts users to receive such a delegation is a scammer.

Former Bitrefill CEO John Carvalho also expressed that Pierce was in El Salvador as an “insider” who desires to “inject shitcoins” into the big business that now runs in that country.

By. Jenson Nuñez

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