JUST IN: πŸ‡ΈπŸ‡» El Salvador secures $3.5 billion IMF financing package after agreeing to make accepting #Bitcoin voluntary and unwind its Chivo wallet.

Reply to this note

Please Login to reply.

Discussion

If they are making those concessions, I hope they dump the whole IMF loan into bitcoins. Fuck the IMF, get out of the debt trap.

Pretty sure IMF has conditions against doing that and what the money needs to be spent on

Bukele is borrowing to buy more bitcoin i bet. Good job. El salvadorans can download any open source lighting wallet if they want.

They will.

I hope they buy #Bitcoin thus effectively short IMF.

Same but I'd be surprised if IMF didn't prohibit that.

lol. At the end of the day, every country will kiss the ring of the IMF.

IMF one day will kiss Bitcoin's ring

Now go berserk and start stacking Bitcoin more aggressively with that fresh fiat

If the IMF didnt have any fine print about not being able to use it to stack BTC that would be crazy.

I agree. They're a net negative to the world but they're not entirely stupid πŸ˜