False equivalent.

A BSR increases the likelihood of increased AML/KYC in bitcoin, no matter who proposes it.

The US won‘t add an „asset“ to its treasury used by „terrorists“, „criminals“, and „crypto anarchists“, to paraphrase a certain someone.

Heart may be in the right place, incentives are screwed.

IMF forcing ES to wind down btc operations is only the start of the game.

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I don't think "wind down" is the correct term. The loan condition was for ES not to force merchants to provide Bitcoin as a payment method, which a lot of bitcoiners were upset with anyway. KYC etc. will always be an issue. I think rather than making it worse, the administration will just just how they refer to Bitcoin. It won't be as something criminals etc. use.

Its nice that you think that. Let me know when you have any evidence to back this educated opinion up.

Has Trump or his administration referred to it like that recently?

What is the IMF pushing in ES that they have committed to or are willing to commit regarding BTC?

They reached a $1.4B agreement yesterday. Have to wind down Chivo, revert tax payments in btc (only payable in Dollars again), have to „limit“ btc purchases, and „improve transparency, regulation, and supervision“ of btc usage (aml).

That’s seems like a lot for 1.4B

Really bending the knee.

Do you have a link for the full details?

Chivo wallet wasn't even used in ES. It was already voluntary for private sector as the public hasn't adopted Bitcoin actually. Everything is in paper only. Honestly, in a day to day life, nothing in ES will change.

Looks like availability of imf bond without ES use of kyc/all for citizens because a huge % don't use central banks?

cope

Everything the state has promised is temporary, except for temporary measures. Never trust the state, never get manipulated into being dependent on the state.

This is no surprise. Can't wait for max keiser mental gymnastics about this.

Ok that is no biggie IMHO. Law was compulsory just in writing, never really enforced. winding down chivo is great for the people. I always saw it as a CBDC in orange disguise. State cannot simply control both sides of the transaction. Taxes Pff I believe nobody paid them with sats. In summary I would say bukele kept his cake and ate it too. It is a negotiation in which FMI looks good for the masses that are not in the known and Bukele can carry on his merry way stacking sats.

I APPRECIATE YOU AND YOUR WORK BUT THIS IS A MASSIVE STRETCH.

THE KYC/AML STATUS QUO IS ALREADY HORRIBLE AND KEEPS GETTING WORSE. FIRST TIME IN A LONG TIME THE REGULATORY TREND MAY ACTUALLY MAKE A TURN FOR THE BETTER.

There is no evidence of that assessment. Let me know when there is, and Ill be the first to cheer it on.

its called "regulatory capture" Matt