Next scheduled rescrape ... never
Version 2
Last scraped
Edited on 05/06/2025, 22:39:49 UTC
It seems the IMF fears that many other countries are soon likely to follow in the steps of El Salvador. Now under pressure, i hope the president of El Salvador doesn't bulge and remove bitcoin as a legal tender, it will be a big disappoint and set back to the crypto community. In a long run, say the current president doesn't bulge, i hope his successor will be one who shares his current plan to make El Salvador a safe haven for bitcoin, so that there can be continuity.
It seems recently el salvador just added more bitcoin into their stash, truly fascinating move.

Don't know what el salvador is aiming though but the fact that el salvador has profited so hard from bitcoin means they are conscious enough to keep holding onto bitcoin.

It seems in this case, el salvador just gonna ignore IMF outright.

We don't know what's the real score between IMF and El Salvador. But in case, El Salvador just need to follow the protocol of IMF so they can loan money or of that sort. But I believe, they are still pro-btc no matter what. And also, if they will change their President, the approach to crypto market may vary depending on the sentiments of the new Pres to this volatile market. But as of now, El Salvador is seen to be the game-changer in crypto as they were the first to recognize btc as the legal tender. So yeah, they are now part of the btc history.
Version 1
Scraped on 29/05/2025, 22:44:41 UTC
So, International Monetary fund demands that El Salvador remove bitcoin as legal tender, otherwise it refuses to give loans to the country.

It seems the IMF fears that many other countries are soon likely to follow in the steps of El Salvador. Now under pressure, i hope the president of El Salvador doesn't bulge and remove bitcoin as a legal tender, it will be a big disappoint and set back to the crypto community. In a long run, say the current president doesn't bulge, i hope his successor will be one who shares his current plan to make El Salvador a safe haven for bitcoin, so that there can be continuity.
It seems recently el salvador just added more bitcoin into their stash, truly fascinating move.

Don't know what el salvador is aiming though but the fact that el salvador has profited so hard from bitcoin means they are conscious enough to keep holding onto bitcoin.

It seems in this case, el salvador just gonna ignore IMF outright.

We don't know what's the real score between IMF and El Salvador. But in case, El Salvador just need to follow the protocol of IMF so they can loan money or of that sort. But I believe, they are still pro-btc no matter what. And also, if they will change their President, the approach to crypto market may vary depending on the sentiments of the new Pres to this volatile market.
Original archived Re: IMF urges El Salvador to remove Bitcoin as legal tender
Scraped on 29/05/2025, 22:39:52 UTC
So, International Monetary fund demands that El Salvador remove bitcoin as legal tender, otherwise it refuses to give loans to the country.

It seems the IMF fears that many other countries are soon likely to follow in the steps of El Salvador. Now under pressure, i hope the president of El Salvador doesn't bulge and remove bitcoin as a legal tender, it will be a big disappoint and set back to the crypto community. In a long run, say the current president doesn't bulge, i hope his successor will be one who shares his current plan to make El Salvador a safe haven for bitcoin, so that there can be continuity.
It seems recently el salvador just added more bitcoin into their stash, truly fascinating move.

Don't know what el salvador is aiming though but the fact that el salvador has profited so hard from bitcoin means they are conscious enough to keep holding onto bitcoin.

It seems in this case, el salvador just gonna ignore IMF outright.

We don't know what's the real score between IMF and El Salvador. But in case, El Salvador just need to follow the protocol of IMF so they can loan money or of that sort. But I believe, they are still pro-btc no matter what.