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
yes, paying taxes with fiat only legal tender is a big disappointment
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It is defeat. Will Bukele accept the terms?
some compromise was and is likely needed to stay in the IMF program
