Scenario 1) IMF says stop or we'll cancel loan checks. Bukele doesn't stop, and then the IMF cancels checks.
Scenario 2) Similar to above, but the IMF doesn't cancel checks and shows that they're weak, allowing other countries to default on their agreed policies.
3) they do stop playing with their bitcoins (doubt)
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I guess that's an option too 😜
Hypothetically of course