Why is Bukele selling out El Salvador to the IMF and curbing it's Bitcoin policy in the process? - The Great Awakening

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Why is Bukele selling out El Salvador to the IMF and curbing it's Bitcoin policy in the process? (web.archive.org)

posted 5 days ago by oneuppin 5 days ago by oneuppin +67 / -0

El Salvador strikes $1.4bn IMF deal after scaling back Bitcoin policies

El Salvador has eased its pro-cryptocurrency policies to help secure a $1.4bn loan from the IMF.

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– Whiptail 3 points 5 days ago +3 / -0

Crypto is converted to the dollar when you need to actually spend it since there's no retail infrastructure. Fix the dollar and crypto becomes a decentralized payment tech like it's supposed to be instead of a video game casino simulation. Crypto should be 1:1 market price to whatever you used to purchase it, but here we are.

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