Then I have a question, that is, the current bitcoin price is so good, why doesn't El Salvador pledge bitcoins to lending platforms to obtain an annualized rate of return, which is about 6% to 9%, and they have 6188 bitcoins, worth 657,911,721USD, and can earn 59 million USD in interest each year.
How much help does this have for the El Salvadoran economy?
They will not stop what they are doing. The way Nayib Bukele manages money is very good because it is not done out of ambition but consistently.
When those who oppose Bukele want his activities to stop, they think that one time when prices fell, El Salvador's money also fell, which affected the country's finances. That's what I mean, including the IMF.
With the amount of Bitcoin that El Salvador has pocketed, they have actually gotten a price return with a good percent. Why would they expect a small percent if in a certain period of time they can get more.