Replying to Avatar calle

IMF Press release for El Salvador. This is insane. Big loss for Bitcoin in El Salvador.

This is nothing like the "shops just don't have to accept Bitcoin anymore" that everybody thought it was. Read this.

https://www.imf.org/en/News/Articles/2024/12/18/pr-24485-el-salvador-imf-reaches-staff-level-agreement-on-an-eff-arrangement

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steepdawn974 1y ago

Exactly, they have essentially unadopted Bitcoin. Huge blow imho, and I don't at all get the cope from ppl on Bitcoin twitter ("This is fine")

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steepdawn974 1y ago

I already can see all these MSM headlines "El Salvador stops reckless Bitcoin experiment"

"..has proven to be a failure"

"..coming back to fiscal responsiblity"

...

etc etc