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🚨 BIG changes for Bitcoin in El Salvador! 🚨

The IMF just approved a new $1.4 loan for El Salvador—but at what cost?

Bitcoin’s legal tender status has been repealed, raising major questions about the future of Bitcoin adoption in the country.

I sat down with Mike Peterson, co-founder of Bitcoin Beach, in his wonderful studio in El Zonte, where it all began.

We discuss:

🔹 What the IMF deal really means for Bitcoin in El Salvador

🔹 Are Bitcoin circular economies thriing?

🔹 The impact of gentrification in areas such as Bitcoin Beach & rising real estate prices

🔹 Why Tether plays such a big role in El Salvador and where Tether could go next

🔹 Bitcoiners' changing perception of Bitcoin Country.

Is this the beginning of a shift away from Bitcoin in El Salvador?

🎥 🎥 YOUTUBE

https://youtu.be/zgk-1pSMsZA

💧 💧 FOUNTAIN

https://fountain.fm/episode/sySsJZuTgP2zzSsCDaxG

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Discussion

Kingbee 10mo ago

I'll listen and respond

KyleM. 10mo ago

Take our loan and repeal Bitcoin as legal tender.

Or?…..

Or we have you assassinated.

Ok, thank you for the loan.

Joe Nakamoto 10mo ago

lol

Fotoart 10mo ago

The adoption of Bitcoin isn't a smooth graph, both in how it is used and by whom it may serve best for the healthiest outcome for all. It's going to and already is a bumby ride. What matters is the incentives create a long term outcome towards the better. This technology doesn't promise utopian world, rather a tool to start getting us back on track towards a healthier society. We still need to do the work, we still need to create other tools, but we have a powerful one now.

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 10mo ago

Thanks for the insights Joe!