tldr; El Salvador has continued to accumulate Bitcoin despite agreeing to conditions from the IMF, which included halting Bitcoin purchases and removing its legal status. Since March 4th, El Salvador’s Bitcoin holdings have increased from 6,015.15 BTC to 6,189.18 BTC, though the pace of accumulation has slowed. The IMF has not raised concerns, noting strong program performance and fiscal targets being met. Early Bitcoin purchases in 2022 have resulted in significant gains for the country.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
thebaldmaniac on
Buy all the BTC you want, but why exactly are they taking money from the IMF, if they have money to buy BTC in the first place?
partymsl on
IMF is a certified terrorist organization. They should not be existing.
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tldr; El Salvador has continued to accumulate Bitcoin despite agreeing to conditions from the IMF, which included halting Bitcoin purchases and removing its legal status. Since March 4th, El Salvador’s Bitcoin holdings have increased from 6,015.15 BTC to 6,189.18 BTC, though the pace of accumulation has slowed. The IMF has not raised concerns, noting strong program performance and fiscal targets being met. Early Bitcoin purchases in 2022 have resulted in significant gains for the country.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Buy all the BTC you want, but why exactly are they taking money from the IMF, if they have money to buy BTC in the first place?
IMF is a certified terrorist organization. They should not be existing.