Post
Topic
Board Bitcoin Discussion
Re: El Salvador Ignores IMF, Buys More Bitcoin Anyway
by
Lucius
on 30/05/2025, 13:53:39 UTC
~snip~
I believe in future once El Salvador would get a lot of profit they won't need to take loan from IMF just to fund their future purchases.


You can hardly expect something like that if you have 6000+ BTC and invest at a rate of 1 BTC per day (365 per year). It is simply too slow to make a profit with which you would be in a position to no longer need loans, not to mention the fact that when you sell BTC, and repay the debt, you have nothing left.

Furthermore, the question arises as to what will happen when Bukele is no longer president, will the new president continue on the same path or will he make a complete U-turn?