¯\_(ツ)_/¯

Good morning from El Salvador

We are now in DAY TWENTY FIVE since the government rescinded Bitcoin as legal tender, at the request of the IMF (effective 30 April)

It's been six days since El Salvador has bought bitcoin

The nation launched a program to purchase one bitcoin per day in 2022 and had not missed a day until last month. Since then, the buying has been sporadic with some days missed--with this current six day streak the longest yet

Is this related to the IMF deal?

Almost definitely

The govt has not commented at all on the IMF deal (in sharp contrast to the media tour President Bukele did in the days after Bitcoin was made legal tender in 2021) and thus we are reliant on best guesses from verifiable information

The draft agreement with the IMF states "For the public sector, engagement in Bitcoin-related economic activities and transactions in and purchases of Bitcoin will be confined."

That combined with the erratic bitcoin purchases since last month make it seem increasingly likely that the IMF deal will affect this program

On a related note regarding the govt accumulating Bitcoin--they had accepted bitcoin as payment for things such as the airport tax or even to purchase a passport. I don't believe the address of where that Bitcoin is stored has ever been made public so it will be more difficult to observe if and when that stops but most or all of that will cease if it hasn't already as that condition is clear in the IMF draft agreement: "Taxes will only be paid in U.S. dollars..."

The IMF deal is not yet official, El Salvador is currently in the process of conforming to the pre-conditions set out in the draft agreement. Unless the govt finds it's voice on this matter, we will only be able to determine the consequences of it with time and careful observation

Faz a wallet primal, e desabilita qualquer tipo de carteira linkada, e usa só a primal, muito boa por sinal

They say people don’t change, but this is bs. They change. Sometimes become totally different people.

🎯🎯🎯 #Fiber #Carnivore #CarnivoreDiet

I'm not an advocate for an SBR, I think it's bad for #Bitcoin short to mid term. NGU is nice for Bitcoiners on a short term, but politics as an organizational paradigm needs to die. Bitcoin can make politics irrelevant, but it will take much longer if an SBR does happen.

Nothing shows the little respect he has for Bitcoin more than this quote 😂😂😂

"Have a good time with your bitcoin, your crypto, and everything else that you’re playing with"

Trump

YOU COULDNT END A SPEECH ANY WORSE AT A BITCOIN CONFERENCE 😂

Just realized there was a plugin. A bit annoying that it needs (?) a private key to receive zaps, but I guess that's part of the protocol.

Please try again...

Do you need cold storage to be sovereign or having the ability and the choice to have your wealth in cold storage is enough under a bitcoin standard?

I think paychecks will be settled on Layer2, Layer 1 will be swift equivalent, inter-institutions transfers... the average person will never touch layer 1.

I believe will find a way better use case for ordinals than jpeg.