IMF says “stop buying crypto” and El Salvador buys 8 more BTC.
A fresh $1.4B loan deal urges limits but Bukele’s Bitcoin Office isn’t backing down.
This is not a new news or discussion that is being talked about but the IMF banning El Salvador with its Bitcoin has been going on for a long time because Nayib Bukele is still holding on to his belief in their adoption of Bitcoin.
Data-wise and logically, the IMF gives a reason that makes sense when people read it. The problem is whether they believe it when they juxtapose what the IMF says with the reality in El Salvador.