Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Wiwo
on 01/05/2025, 12:16:41 UTC
Edited out.

Well, as the main contributor (your words quoted above) to this thread, you should correct your words, as they made him bow down to the IMF. The reality is that it's still a sustainable idea because Bukele supports it, but its adoption by the population and businesses in general hasn't changed at all; in fact, the influx of foreign capital hasn't grown.

Perhaps the best phrase to accompany Bukele in our community is one I read from a politician who said, "We're doing badly, but also we're doing well."
Any ways we are very well aware of the politics that surround international financial institutions and the limits of their powers, although the news of El Salvador no longer accumulating bitcoin, is not a sign of the country bowing to pressure from international monetary funds,  if El Salvador can avoid loan's from IMF, there will be little to nothing IMF will have to use against their choice as far as bitcoin adoption is concerned.