Quote from: macson on Today at 02:49:28 PM

Quote from: bitmover on January 26, 2022, 12:38:55 PM

So, International Monetary fund demands that El Salvador remove bitcoin as legal tender, otherwise it refuses to give loans to the country.

They are doing so to protect the people, as bitcoin will "bring instability and inflation"

How come a deflationary currency will increase the inflation ? WTF!

they continue, saying that IMF wants to protect the consumers:

IMF doesn't mean to protect consumers, they just protect their control over people....i really salute the hard mentality that President El Salvador has, fighting the IMF is quite a tough job, their threat is indeed very big but Nayib's trust in Bitcoin is really not in doubt. "long live" president el salvador, hope your country can be strong and continue to survive making Bitcoin a legal tender there.

IMF is backed by the state so it will always find ways on how to control the people to stick with the US dollar and stay away from cryptocurrencies. But then, Bukele tends to be more tough than the IMF as he was never threatened with the IMF opposition to bitcoin, and instead take advantage on the crypto market by adding more bitcoins while they are cheap. I just hope El Salvador can withstand all of these, and when this happens, other countries will start to adopt bitcoin too.