Post
Topic
Board Economics
Re: IMF urges El Salvador to remove Bitcoin as legal tender
by
Stella Mese
on 29/05/2025, 23:15:24 UTC

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.
Even though El Salvador is facing pressure from the IMF and has revoked the payment system through bitcoin, El Salvador still fully trusts bitcoin to be used as their trusted asset. And they are always optimistic about long-term trust in bitcoin by continuing to increase its amount in investment. In this case, it could raise questions to the IMF whether El Salvador will take the agreed decision.