IMF Board Approves $1.4Bn Loan to El Salvador with Further Bitcoin Restrictions
The International Monetary Fund’s (IMF) executive board approved a $1.4 billion loan for El Salvador with a condition that the country will further restrict the government's Bitcoin-related economic activities, including transactions and purchases of bitcoin.
https://www.nobsbitcoin.com/imf-board-approves-1-4b-loan-to-el-salvador-2/
States are shitcoins
Im hoping the plan is to get this debt buy bitcoin where possible and then use the bitcoin as a financing collateral to pay off the IMF and just be free of it.
i dont know a single government that is responsible enough to hold bitcoin. its for the cash flow & value creation positive only.
The empire strikes back.
Oh
Does El Salvador actually want these loans, or are they being forced to take them?
Bitcoiners could have easily loaned that
Soon, El Salvador will experience sanctions
I don't make the rules.
Bitcoin doesn’t care
Why haven't they done the volcano bonds in the end? Now it's over, no real Bitcoin will keep investing there.
Couldn’t he just do a memecoin scan like other presidents?
The world bank is the memecoin scam.
IMF stepping in with a $1.4B lifeline but tightening the reins on Bitcoin? El Salvador’s crypto experiment just got more complicated. Is this a necessary check for stability, or a setback for financial innovation? What do you all think.
All the Bitcoin Maxis Idols are betraying them in the end. Sad!
1.4B is a popular number recently
Suggests Trump doesn't care much about, or understand bitcoin.
Any word from Max Keiser lately?
please just tell them to stick their loans up their asses, otherwise just another statist loser
