Post
Topic
Board Bitcoin Discussion
Re: El Salvador loses more than half the value of its reserves in bitcoins
by
SpenserReed
on 25/06/2022, 15:27:43 UTC
According to what I just investigated, the International Monetary Fund (IMF), the entity with which the Bukele government was negotiating an agreement for up to $1,400 million, urged the country to "limit the scope of the Bitcoin Law. Eliminating its status as currency of legal tender" and also expressed "concern" about the issuance of cryptocurrency-backed bonds.

So, as we can see, the U.S. doesn't want bitcoin, and other countries won't allow it either...