Quote from: avp2306 on May 29, 2025, 10:40:41 AM

Quote from: X-ray on May 29, 2025, 04:52:11 AM

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.

Yes they are buying more and it seems that they don't have any plan to stop despite of IMF suggestion that they should stop purchasing Bitcoin.

Also maybe this site would answer your question about their aim on Bitcoin https://elsalvadorinfo.net/bitcoin-adoption-in-el-salvador-a-transformational-journey/

For many good things happen on Bitcoin now for sure that El Salvador would just ignore IMF since for sure that they don't want to miss something especially that they know Bitcoin future is so promising.

I mean if that is the way the yare making more, then why would they stop? Plus, I never understood why IMF would not want them to get bitcoin, after all they would get richer with bitcoin and that means if they ever get money from IMF, they could use their bitcoin as collateral and that would equal to them be able to pay easier. IMF should be specifically want nations to invest into bitcoin, instead of corruption like most of the time.

We should consider how IMF is having trouble getting its money back from many of the smaller nations. Plus, what did they do to make them so strong on deciding what a nation can or can't do. Just because they can give loans (literally reason why they exist) doesn't mean it should be dictating it. Just deny or accept, don't comment.