Stacy Herbert, Director of the National Bitcoin Office of El Salvador, joins to share about the nation's incredible transformation. They discuss how President Nayib Bukele turned El Salvador from the murder capital of the world into a pioneering bitcoin country, the security crackdown on gangs, and the country's forward-thinking regulatory frameworks for bitcoin, AI, and robots. If these ideas interest you, we're building startup societies at Network School. You can apply online at https://ns.com. OUTLINE 0:57 - El Salvador is bitcoin country 7:23 - Bukele has the soul of a tech founder 9:40 - Building capital markets on bitcoin 12:17 - Charity is dependency, investment is independence 14:07 - The war on gangs 26:51 - Bitcoin, AI, and robot law 29:04 - Citizenship in El Salvador 32:14 - Attracting digital nomads with 0% tax 34:51 - Reaction to money printing and drugs 39:25 - We have a leader with a clear vision 44:49 - Don't trust, verify REFERENCES I. Books - From Third World to First, Lee Kuan Yew: https://www.harpercollins.com/products/from-third-world-to-first-lee-kuan-yew II. Studies & - Blue Ocean Strategy: https://www.blueoceanstrategy.com/teaching-materials/el- - Ricardo Salinas: https://www.ricardosalinas.com/en/Sobre- - El Salvador: state of emergency after gang killings: https://www.bbc.com/news/world-latin-america-60893048 - El Salvador detains ~80,000 under crackdown: https://apnews.com/article/el-salvador-gangs-bukele-justice-c526f9ebf12382f12e1795f4da2a9346 - Amnesty on El Salvador's gang crackdown & rights: https://www.amnesty.org/en/latest/news/2022/08/eviscerating-human-rights-el-salvador-gang-problem/ - “El Salvador's Bitcoin Revolution Is Failing Badly: https://www.bloomberg.com/news/features/2022-11-04/el-salvador-s-bitcoin-revolution-is-failing-badly - Bukele achieves 91% approval rating: https://elsalvadorinenglish.com/2025/10/12/bukele-achieves-91-approval-rating-leading-global-leaders-ranking-in-2025/ - Tether $1B mining farm in El Salvador: https://tether.io/news/tether-participates-in-1-billion-investment-to-build-the-worlds-largest-bitcoin-mining-farm-in-el-salvador/ - Bitcoin Beach: https://www.bitcoinbeach.com/ - Bitcoin bank proposal: https://elsalvadorinenglish.com/2025/10/06/el-salvador-set-to-launch-the-worlds-first-bitcoin-banks-blending-fiat-and-crypto/ - El Salvador ICT Artificial Intelligence Law: https://www.trade.gov/market-intelligence/el-salvador-ict-artificial-intelligence-law - El Salvador to promote robotic technologies: https://garciabodan.com/en/el-salvador-will-promote-robotic-technologies-for-commercial-public-and-healthcare-use/ - No taxes on software/hardware/AI development: https://www.bizlatinhub.com/el-salvador-tech-industry-no-taxes-on-software-hardware-and-ai-development/ - Freedom Visa: https://world.adoptingelsalvador.gob.sv/welcome#citizenship - Citizenship by investment: https://ntltrust.com/citizenship-by-investment/el-salvador/ SOCIALS https://x.com/ns https://x.com/stacyherbert https://ns.com/