The 111 page report the IMF released last night about it's recent loan agreement with El Salvador gives A LOT of details and clarity
Not only will El Salvador have to stop buying Bitcoin, they will also have yo stop mining Bitcoin
this is the first time I've seen the prohibition on public Bitcoin mining here
why do they always have to come in and ruin everything.
It's the mention of "Bitcoins" for me that is the most horrendous. 🤣
looks like bukele will just need to start arresting some large hodlers "confiscate" their coins and then when he drops the case, compensate them at current market prices + something for the trouble.
I love about MPB that normal people learn about money, how the states exploit and control us and that its backed by nothing. That is why is supported MPB.
IMO it is time to rethink and expand the strategy. "Bitcoin only" makes us weak and vulnerable. We will not win against nation states with a monopoly on violence by saving on a public, transparent ledger.
I would really appreciate if MPB helps its students to protect their value and transaction data with a tool like Monero, or any other tool which provides similar, accessible data protection for the common guy.
"Bitcoin only" is depriving people of essential tools. Data protection is essential in finance - especially for people in the developing world where todays freedom fighter is tomorrows dictator.
Money should be a tool, not a religion.
This is bad, really bad.
IMF:let me use all reason that I make it up 5sec ago to say that how Bitcoin miner is illegal .
