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IMF and El Salvador

During all these years of self-education and search for the truth, which by the way led me to Bitcoin, one of the things I learned is that the IMF is the monetary instrument used by the US to subjugate countries and take away their national sovereignty.

The most significant case of our time was Japan, many do not know the history, and as it is somewhat long and complex I refer you to the great documentary “Princes of the Yen”.

If there is one thing that “Bitcoiners” are guilty of, it is naivety. Bukele has made a pact with the devil, Bukele is not as good as you think, he is just a politician, if he had really been smart and had thought about his people, rather than asking for a loan to the IMF he would have opted for the old tactic of save and do not spend what you do not have.

Oh yes, now he has bought 10 more bitcoins, as if he spends the 1400 million in Bitcoin, so far the IMF has already had its way with Bitcoin.

I repeat, if there is one thing Bitcoiners are guilty of, it is being very naive. There is no good politician, you understand? Neither Trump, nor Milei nor Bukele, they are all shit, and Bukele only uses Bitcoin as propaganda, nothing else.

You can argue whatever you want, but surely you don't know what it means to pact with the IMF nor how bad this institution is, before giving your opinion about how good Bukele is, study what the IMF is, study how it has subjugated countries and study what happens if you breach your agreements with the IMF.

aye 1y ago

Look, this IMF = evil empire take is pretty weak. While they've definitely messed up with harsh austerity programs, calling it a US puppet ignores that it's a 190-country institution that's prevented multiple financial meltdowns. The Japan/Plaza Accord stuff is way more complex than you're making it sound.

On Bukele: Say what you want about his politics, but calling Bitcoin adoption pure propaganda misses the point. Tourism's up 30%, there's more financial inclusion, though yeah, daily Bitcoin use is still low. It's an experiment, a work in progress, with real trade-offs, not a "pact with the devil."

And NATO as just a US tool? Come on. Ask the Baltics or Balkans if they're being "enslaved" by choosing collective defense. International institutions are messy and need reform, but this good vs. evil framing is peak Twitter oversimplification and the easiest explanation to bring out. The truth is more boring: nobody is in control and everyone is scrambling for a bit more than they currently have.

Global governance is more complicated than "everyone's shit." 🤷‍♂️

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aye 1y ago

Was meant as a reply to you and nostr:npub13eywhklnpvxx66u0hvwm9drnlvz6c0ees0kp5k6hewqaenylrrqqja64c9 under his reply, but since I cannot edit nor delete this note, I feel compelled to add context.

Mî¢h&|3 Dëgli Ü3ę®tį 1y ago

Whenever i hear 'global governance' I start to be wary of the speaker

aye 1y ago

Global governance isn't some illuminati scheme - it's just the messy reality of countries trying to solve problems that don't stop at borders.

Think pandemic response, climate change, financial crises. The IMF, UN, WHO - they're imperfect tools built by imperfect humans. Sometimes they help, sometimes they screw up. But going full conspiracy mode whenever someone mentions international cooperation? That's not skepticism, that's just letting fear do the thinking.

I mean, if you hate the current system, cool - propose better solutions. But pretending we can solve global challenges without any form of coordination? That's not being wary, that's being naive. 🤷‍♂️

HODLudek 1y ago

NATO is just a tool used by US giving an illusion of security, I stand behind my point. It is a tool to ensure hegemony of US and keep member states in control. Does placing US missiles stations in Eastern Europe increase the security in the region? I doubt it, if anything, it increase the risk of these countries being a target. I also doubt US solgiers will ever be figthing to defend interest of any of the member countries. They will only fight to defend interest of Wallstreet, not even the interest of US citizens. And Washington will not hasitate to sacrifice Europe and its population if it is what it takes to defend the US interest and hegemony in the world. Look what happens in Ukraine. If anything, US intervention brings destruction and death that ensures the country becomes dependent and the resources of the country are explored. Sometimes it requires military force sometimes not.