Replying to Avatar Cyph3rp9nk

If Bukele spends the IMF loan money on Bitcoin I would eat my words, but that would imply that the CIA would provoke a color revolution or whatever they call them in El Salvador.

So I don't know what is a worse strategy, if accepting the IMF loan or spending it on Bitcoin, both are pretty stupid because of the consequences they will have for El Salvador.

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Analogue Dog 1y ago

It's very patronising damage limitation. The covenants of the IMF facility are quite obviously not going to allow El Salvador to draw down in order to buy Bitcoin.

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