Post
Topic
Board Economics
Re: Everything you wanted to know about Bitcoin Strategic Reserve
by
fillippone
on 01/06/2025, 22:11:19 UTC
Exactly, look at El Salvador a poor and small country was able to act smart in 2021 to start accumulating one bitcoin every day and currently, they have been able to accumulate 6,190.18btc according to recent reports. This will help boost the country economy in future and will help them eradicate poverty gradually overtime. How I wish that the all the small countries can understand this and create a bitcoin reserve for a brighter future of the country.
Although El Salvador is a small country, the country's president has launched a strategic reserve of Bitcoin since September 25, 2021. El Salvador has issued an important slogan regarding Bitcoin investment, where his country will buy one Bitcoin every day, even among hundreds of problems. But that is being implemented because the IMF is putting a lot of pressure on El Salvador due to the strategic reserve of Bitcoin, yet the president is not deviating from his strategic reserve policy. Other countries should take inspiration from this groundbreaking step by El Salvador.

IMF is evil.
IMF people care about IMF people, not about the people of the country where the IMF is intervening.
Also, they never have accountability for their spending. Not that this is a huge problem, since they have de facto infinite funding from member states.