IMF Press release for El Salvador. This is insane. Big loss for Bitcoin in El Salvador.
This is nothing like the "shops just don't have to accept Bitcoin anymore" that everybody thought it was. Read this.
https://www.imf.org/en/News/Articles/2024/12/18/pr-24485-el-salvador-imf-reaches-staff-level-agreement-on-an-eff-arrangement
People of El Salvador already had a tasting of bitcoin, good luck unwinding that!
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It was an underwhelming minority
