IMF Puts Brakes on El Salvador’s Bitcoin Frenzy

El Salvador announces more bitcoin purchases, gives IMF assurances
El Salvador announced on Wednesday the purchase of a bitcoin, which takes the total in the country's strategic reserve to above 6,102 coins, the National Bitcoin Office posted on social media.
The collapse of El Salvador's bitcoin dream
Bukele's embrace of bitcoin was part of an attempt to "rebrand the tiny and impoverished" nation as a "surfing and cryptocurrency paradise", said the Financial Times. He announced plans to build a "Bitcoin City" in the jungle, "powered by geothermal energy on the slopes of a volcano".
El Salvador Pushes Ahead With Bitcoin Purchases, Unfazed by IMF Pressures
El Salvador expanded its Bitcoin reserves to over 6,102 BTC, continuing its purchases after securing a $1.4b IMF financial program.
El Salvador’s president says the country “won’t stop” buying Bitcoin
El Salvador’s president has dismissed the International Monetary Fund’s (IMF) new request, stating that the country “won’t stop” buying Bitcoin.
El Salvador Bitcoin Accumulation Is “Not Stopping”: Bukele Reaffirms
President Bukele reaffirmed that El Salvador Bitcoin Accumulation will continue despite recent information regarding IMF conditions for granting a $1.4 billion loan.
El Salvador's Bukele Says Bitcoin Purchases Won't Stop Due to IMF Deal
Led by President Nayib Bukele, El Salvador apparently has no intention of stopping its accumulation of bitcoin (BTC) no matter what the IMF
President says El Salvador’s won’t stop buying Bitcoin following IMF claim – ‘Proof of work > proof of whining’
The El Salvador government recently signed a $1.4B financing deal with the IMF. The deal includes measures aimed at reducing the country’s Bitcoin exposure. Despite the agreement, El Salvador has continued to increase its Bitcoin portfolio.
IMF Puts the Brakes on El Salvador’s Bitcoin Frenzy
In a controversial move to temper El Salvador’s Bitcoin enthusiasm, the International Monetary Fund (IMF) has rolled out fresh terms under a hefty
El Salvador’s Bukele Adds 19 Bitcoin as IMF Pushes Back on BTC Adoption
El Salvador’s bitcoin dreams will now exist in a “confined” manner as part of an Extended Fund Facility (EFF) arrangement, approved on Feb. 26 by

El Salvador, puppets and pyramid

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