IMF Board Approves $1.4Bn Loan to El Salvador with Further Bitcoin Restrictions
The International Monetary Fund’s (IMF) executive board approved a $1.4 billion loan for El Salvador with a condition that the country will further restrict the government's Bitcoin-related economic activities, including transactions and purchases of bitcoin.
https://www.nobsbitcoin.com/imf-board-approves-1-4b-loan-to-el-salvador-2/
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Replies (25)
Few.
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nostr:nevent1qqsx4ezljh2t9djwa9w93zl7zda5tpvc6zxu2t00y49daxtntursv6qpzdmhxue69uhhwmm59e6hg7r09ehkuef0qgstnffh2gam5t7d46zhmyxc5asdunep88yljrvcda68ee7sasx3w0grqsqqqqqp65pckdStates are shitcoins

i dont know a single government that is responsible enough to hold bitcoin. its for the cash flow & value creation positive only.
The empire strikes back.
Oh
Does El Salvador actually want these loans, or are they being forced to take them?
Bitcoiners could have easily loaned that
Im hoping the plan is to get this debt buy bitcoin where possible and then use the bitcoin as a financing collateral to pay off the IMF and just be free of it.
Soon, El Salvador will experience sanctions
I don't make the rules.
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Bitcoin doesn’t care
Why haven't they done the volcano bonds in the end? Now it's over, no real Bitcoin will keep investing there.
Couldn’t he just do a memecoin scan like other presidents?
IMF stepping in with a $1.4B lifeline but tightening the reins on Bitcoin? El Salvador’s crypto experiment just got more complicated. Is this a necessary check for stability, or a setback for financial innovation? What do you all think.
We're at the "then they fight you" part of the story 💪
All the Bitcoin Maxis Idols are betraying them in the end. Sad!
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I believe this is a naive thought. You think IMF will let them do it? Again, very baive IMHO.
If we assume he is being forced to then theres no conversation to have. If he has a choice, then I assume he has a plan that makes reasonable sense.
I am pretty sure they are not so dumb to give him 1.4bn, only if he retracts bitcoin policies to then permit him to buy with those.
He is not Saylor asking debt to investor so he can buy btc.
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He will probably buy BTC for his personal stack with part of the IMF debt.. I could bet on that.
1.4B is a popular number recently
The world bank is the memecoin scam.
Suggests Trump doesn't care much about, or understand bitcoin.
Any word from Max Keiser lately?
please just tell them to stick their loans up their asses, otherwise just another statist loser