I don't understand why President Nayib Bukele is still negotiating with the IMF. @gladstein did they learn nothing? Now that El Salvador has struck a $1.4bn loan deal with the International Monetary Fund (IMF) after agreeing to scale back(!) its Bitcoin policies, it's obvious that the Central American country won't be the next Singapore and it might be even off the list for many international Bitcoin refugees. Is Argentina taking the leadership role in #Bitcoin adoption, now? 🇦🇷 Not easy, they'te the largest debtor of the IMF in the world. #Hola and #PV still in the race to replace #GM sooner or later 🤙 @MissElSalvador ¡qué lástima! 💔🇸🇻

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I hate seeing that Bukele is bending his knee to the IMF and no, Milei will not make Argentina the new Bitcoin capitol of the world. He's a WEF puppet and in the pockets of the US which has immense interest in Argentina's natural resources.
GM, it's just concerning that El Salvador, despite initial hopes, couldn't break free from IMF influence and fully embrace Bitcoin. This highlights the need for more countries to compete in creating favorable environments for Bitcoin adoption, offering diverse options for the Bitcoin community. Hopefully, Argentina can step up and foster this much-needed competition.
Herr Urlaub⚡💜's avatar Herr Urlaub⚡💜
El Salvador's recent Bitcoin purchase appears insignificant when compared to the scale of their IMF loan: They acquired 11 BTC for approximately $1 million USD, while the IMF has granted a credit of $1.4 billion USD—a difference of 1,400 times! This raises concerns, particularly as the IMF press release indicates that Bitcoin is no longer legal tender for private businesses and may soon lose acceptance within the public sector. The timing and relative size of these transactions evoke the deceptive tactics of a shell game. 🤔 image
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