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Replying to Avatar Guy Swann

These institutions should be avoided like the plague.

The IMF didn’t give a shit about El Salvador when they were destitute and the country was falling apart, because they were doing it with IMF debt.

Then when they shun IMF debt, and adopt Bitcoin, and the country is 100x improved, NOW suddenly it’s a very important concern to “stabilize the economy” and “provide growth” and “remove risk with Bitcoin.”

They are running a racket. It’s a scam and they KNOW they destroy countries with it. Anyone who doesn’t see it is just asleep. nostr:note16ayv2lwgr2uhf6g3lyklan4gugvjpnyame949l6ms8xvpk5xw98sx42qdx

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saidit 1y ago

Of course. Bitcoin doesn’t play well with modern, fractional reserve banking standards, where they create money out of thin air through loans and debt tools. They can’t rehypothicate collateral to fund their dirty black projects. Bitcoin is a poor choice for personal finance, but a great choice for visibility into government spending and accountability.

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