Quote from: kotajikikox on May 28, 2025, 08:15:42 PM

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El Salvador now holds nearly 6,200 BTC worth over $674M.

I remember people growing concerned about where El Salvador’s loyalty really lies if they were easily defeated by IMF when it comes to bitcoin but seems like we got our answer.

One thing to note is that the IMF has yet to disburse the entire $1.4 billion loan package to El Salvador, and despite El Salvador's strong statement that it will continue to buy bitcoin. But in my opinion, it is still too early to say that El Salvador will continue to stand firm on their stance on bitcoin because after all, the national economy is more important.

Their investment in bitcoin is giving good returns and the adoption of bitcoin in the country has helped the economy to some extent but after all their country is still in dire straits and needs a huge amount of money to improve the country.

This is a dilemma for El Salvador, I just hope the IMF will not be too harsh on them, otherwise things will develop in a direction we do not want.