El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻

[Macabury]

The IMF is seeking to block  El Salvador from buying more Bitcoin and refrain from issuing Bitcoin-backed debt or tokens as a condition of its  $1.4B loan agreement.

I am so much in  support of  El Salvador on this. If the didn't refrain when the almost lost their national treasury to Bitcoin why should they stop now. IMF are only being concerned about how much revenue they must have accumulated with their total purchase and are scared they might not need them in the future for further loans.

I count their conditions for issuing El Salvador this loan a selfish and greedy one. IMF are trying hard to see how the keep El Salvador constantly indebted. This might have being their taught when El Salvador took their first loan to get Bitcoin and the market crashed. Maybe they might have wished the market never recovers to they will have to start seizing properties in or occupying some territories as a fine for defaulting. Nayib Bukele has done the Bitcoin community proud and also his people.

[Soft Crem]

IMF: "Government purchases of Bitcoin will be prohibited during the program"

Bukele: "No, it's not stopping."

Which one is it?



https://x.com/BitcoinNewsCom/status/1897025925486936338?t=k_3l58JO7rvkPgrRVeyopA&s=19

Nayib Bukele.

“This all stops in April.” “This all stops in June.” “This all stops in December.”

No, it’s not stopping.

If it didn’t stop when the world ostracized us and most “bitcoiners” abandoned us, it won’t stop now, and it won’t stop in the future.

https://x.com/nayibbukele/status/1897019629702410551?t=G0TxVvvptLcqTp0myr_Wyg&s=19

🇸🇻El Salvador buys another bitcoin for strategic reserve.



https://x.com/bitcoinofficesv/status/1897000044332716089?t=Z6dWHgoLSyyjyhImTKBNkw&s=19

[Sonia_123]

El Salvador’s Nayib Bukele Confirms Bitcoin Buying Continuation Despite IMF Warning.
https://coingape.com/el-salvador-accumulates-more-bitcoin-despite-imfs-directive-to-restrict-btc-exposure/
El Salvador's President Nayib Bukele insists on continuing Bitcoin purchases despite IMF restrictions, signaling ongoing crypto strategy.

El Salvador defies IMF, continues BTC buys, holds over 6,100 BTC valued at $530M
IMF sets BTC restrictions in $3.5B deal; El Salvador buys 19 BTC post-agreement.
Will El Salvador liquidate Fidebitcoin by July 2025 and shifts from mandatory Bitcoin law?

[Hallroom]

El Salvador’s Nayib Bukele Confirms Bitcoin Buying Continuation Despite IMF Warning.
https://coingape.com/el-salvador-accumulates-more-bitcoin-despite-imfs-directive-to-restrict-btc-exposure/
El Salvador's President Nayib Bukele insists on continuing Bitcoin purchases despite IMF restrictions, signaling ongoing crypto strategy.

El Salvador defies IMF, continues BTC buys, holds over 6,100 BTC valued at $530M
IMF sets BTC restrictions in $3.5B deal; El Salvador buys 19 BTC post-agreement.
Will El Salvador liquidate Fidebitcoin by July 2025 and shifts from mandatory Bitcoin law?

This is the most interesting thing that El Salvador's government, Nayib Bukele, has continued to buy Bitcoin. Because he always places the highest importance on buying Bitcoin and holding it for the long term.

[Popkon6]

El Salvador’s Bukele says Bitcoin buys will continue amid IMF pressure
El Salvador President Nayib Bukele says the country will keep buying at least one Bitcoin a day, despite pressure from the International Monetary Fund.

El Salvador President Nayib Bukele said his government won’t stop buying Bitcoin despite a new request from the International Monetary Fund to stop.
The IMF issued a new request on March 3 for an extended arrangement under its $1.4 billion fund facility to El Salvador, which called on the country’s public sector to stop voluntarily accumulating Bitcoin .
“No, it’s not stopping,” Bukele said in a March 4 X post, confirming El Salvador wouldn’t comply with the IMF’s request.
“If it didn’t stop when the world ostracized us and most ‘bitcoiners’ abandoned us, it won’t stop now, and it won’t stop in the future,” he added.
https://cointelegraph.com/news/el-salvador-president-bukele-bitcoin-buying-to-continue-imf-deal

El Salvador's Bitcoin investment confidence should be stronger, although it has banned the purchase of Bitcoin, but he has proven it by breaking the ban and buying Bitcoin and standing tall in front of the whole world.
Because Nayeb Bukele knows that Bitcoin can play the biggest role in the economy of El Salvador, that's why he buys 1 Bitcoin every day and sometimes buys deep, as evidenced by the fact that he bought four Bitcoins by taking out a loan.
And they now have a total of 6101 Bitcoins, El Salvador's President Nayeb Bukele has continued to buy Bitcoin, which makes their holdings more reliable.

[IQ.cash]

🇸🇻🤖EL SALVADOR: AI PIONEERS READY TO 10X OUR GDP
El Salvador recently passed pioneering AI legislation, offering protections for both proprietary and open source developers.
Along with our trailblazing bitcoin policy, a bold AI and technology framework offers us a fast track to 10x our GDP in 5 years, just as Cathie Wood had recently predicted.

source:
https://x.com/bitcoinofficesv/status/1897271678855503881?t=U1cf7bENR5TtE5R7siELNg&s=19

[As-Soon-As]

El Salvador's Bitcoin investment confidence should be stronger, although it has banned the purchase of Bitcoin, but he has proven it by breaking the ban and buying Bitcoin and standing tall in front of the whole world.
Because Nayeb Bukele knows that Bitcoin can play the biggest role in the economy of El Salvador, that's why he buys 1 Bitcoin every day and sometimes buys deep, as evidenced by the fact that he bought four Bitcoins by taking out a loan.
And they now have a total of 6101 Bitcoins, El Salvador's President Nayeb Bukele has continued to buy Bitcoin, which makes their holdings more reliable.

Currently, the government of El Salvador, Nayib Bukele, is facing a challenge, they have a lot of competition with this Bitcoin purchase. But I think it is really a great honor to face this challenge, the process of holding Bitcoin will be in force, this is the most proud thing. Because they have been holding for a long time, this is the daily DCA method for them, because they are constantly holding Bitcoin.
And we, who are ordinary visitors, of course, we want the Bitcoin purchase in El Salvador to continue continuously, because after accepting Bitcoin as legal tender, El Salvador has changed the most. Because no tourist could enter El Salvador freely, but now tourists are moving around freely, there is no problem.

[tvbcof]

Samson Mow has a worthwhile thread on X about this IMF vs. 'El Salvador's(?) holdings issue and Stacy chimed in...with little by way of clarification I must say.

Things are feeling a little to 'trust-the-plan-ee' for my tastes of late, but everyone has their own tolerance for such things though.  Old-timers and people who retained their BTC holdings tend to be more on the 'verify, don't trust' end of the spectrum.  I'm kinda glad I didn't have to consider 'volcano bonds' because they seem to have never materialized.

I'm not saying that it would be straight up impossible to stick it to the IMF after crawling into bed with them, but it's fraught with danger...and maybe not the best look in the eyes of some people.  Adding to that, the need to maintain a favored relationship with the current crop of U.S. leaders (and future ones) might be more than a non-psychopath can realistically bear.  And all this assumes that the leader of El Salvador (and future leaders) will indeed be as pure as the driven snow.

[JayJuanGee]

Samson Mow has a worthwhile thread on X about this IMF vs. 'El Salvador's(?) holdings issue and Stacy chimed in...with little by way of clarification I must say.

Things are feeling a little to 'trust-the-plan-ee' for my tastes of late, but everyone has their own tolerance for such things though.  Old-timers and people who retained their BTC holdings tend to be more on the 'verify, don't trust' end of the spectrum.  I'm kinda glad I didn't have to consider 'volcano bonds' because they seem to have never materialized.

I'm not saying that it would be straight up impossible to stick it to the IMF after crawling into bed with them, but it's fraught with danger...and maybe not the best look in the eyes of some people.  Adding to that, the need to maintain a favored relationship with the current crop of U.S. leaders (and future ones) might be more than a non-psychopath can realistically bear.  And all this assumes that the leader of El Salvador (and future leaders) will indeed be as pure as the driven snow.

For me, it is difficult to identify the twitter (x) thread if I don't have a thread to look at.  I did find Samson Mow..  but not that specific referred to Twitter thread...

I am a bit unclear about if IMF had already issued the money or not.

Another thing it could  well be that the IMF are trying to change the terms of the agreement after the agreement had already started to get employed, unless the IMF is proclaiming that El Salvador is in breach of their agreement (terms of the loan), or El Salvador could claim that IMF is in breech of the agreement if they had not issued the loans (handed over the money to El Salvador) upon the originally agreed-to terms.

[ThemePen]

El Salvador's Bitcoin investment confidence should be stronger, although it has banned the purchase of Bitcoin, but he has proven it by breaking the ban and buying Bitcoin and standing tall in front of the whole world.
Because Nayeb Bukele knows that Bitcoin can play the biggest role in the economy of El Salvador, that's why he buys 1 Bitcoin every day and sometimes buys deep, as evidenced by the fact that he bought four Bitcoins by taking out a loan.
And they now have a total of 6101 Bitcoins, El Salvador's President Nayeb Bukele has continued to buy Bitcoin, which makes their holdings more reliable.

El Salvador President Nayib Bukele is confident in Bitcoin despite IMF concerns. He continues to buy Bitcoin believing it will boost economic growth and financial inclusion in El Salvador. Country now holds almost 6101 Bitcoins worth around $549.5 million. Bukele vision is to create Bitcoin City tax free zone that attracts foreign investment and promotes digital finance. Although IMF has raised concerns El Salvador government is committed to its strategy aiming to increase financial inclusion and simplify remittances and encourage innovation showcasing benefits of cryptocurrency adoption for developing nations.

[EarnOnVictor]

El Salvador's Bitcoin investment confidence should be stronger, although it has banned the purchase of Bitcoin, but he has proven it by breaking the ban and buying Bitcoin and standing tall in front of the whole world.
Because Nayeb Bukele knows that Bitcoin can play the biggest role in the economy of El Salvador, that's why he buys 1 Bitcoin every day and sometimes buys deep, as evidenced by the fact that he bought four Bitcoins by taking out a loan.
And they now have a total of 6101 Bitcoins, El Salvador's President Nayeb Bukele has continued to buy Bitcoin, which makes their holdings more reliable.

El Salvador President Nayib Bukele is confident in Bitcoin despite IMF concerns. He continues to buy Bitcoin believing it will boost economic growth and financial inclusion in El Salvador. Country now holds almost 6101 Bitcoins worth around $549.5 million. Bukele vision is to create Bitcoin City tax free zone that attracts foreign investment and promotes digital finance. Although IMF has raised concerns El Salvador government is committed to its strategy aiming to increase financial inclusion and simplify remittances and encourage innovation showcasing benefits of cryptocurrency adoption for developing nations.

What El Salvador President Nayib Bukele is doing regarding Bitcoin purchase is good and will have its huge reward, it's just a question of time. I honestly do not know the issue of IMF with Bitcoin and I don't possibly know how Bitcoin could worse hit the economy of El Salvador to warrant IMF playing the card of anti-Bitcoin. Even in a bear market, the country shouldn't be affected if the internal economy is good and sustainable on its own, the IMF should consider the Bitcoin investment as a long-term asset purchase movement that will eventually prove to be a more valuable national asset. After all, countries by bonds etc.

[tvbcof]

Samson Mow has a worthwhile thread on X about this IMF vs. 'El Salvador's(?) holdings issue and Stacy chimed in...with little by way of clarification I must say.
...

For me, it is difficult to identify the twitter (x) thread if I don't have a thread to look at.  I did find Samson Mow..  but not that specific referred to Twitter thread...
...

Not sure how to describe it.  I only have X on a burner phone which I scan once in a while.  I don't let my devices cross-pollinate very much and X wants me to sign on on my workstation which I won't do.  I saw it from a reply from Herbert with a quote "I have no idea at this point", and the entire thread had a lot of interesting comments.  Mow had @Excellion whatever that is.  1d as I type this.

Edit:  probably I should sub Mow...and un-sub some others who have become primarily garden variety social media influencers and extra-cringy at that often enough.  The one person who I find routinely worthwhile is 'Classical Educator'.

Edit2: starts out with "There is a 111 page document outlining the agreement between the IMF and ..."

[Muba20]

El Salvador's Bitcoin investment confidence should be stronger, although it has banned the purchase of Bitcoin, but he has proven it by breaking the ban and buying Bitcoin and standing tall in front of the whole world.
Because Nayeb Bukele knows that Bitcoin can play the biggest role in the economy of El Salvador, that's why he buys 1 Bitcoin every day and sometimes buys deep, as evidenced by the fact that he bought four Bitcoins by taking out a loan.
And they now have a total of 6101 Bitcoins, El Salvador's President Nayeb Bukele has continued to buy Bitcoin, which makes their holdings more reliable.

El Salvador President Nayib Bukele is confident in Bitcoin despite IMF concerns. He continues to buy Bitcoin believing it will boost economic growth and financial inclusion in El Salvador. Country now holds almost 6101 Bitcoins worth around $549.5 million. Bukele vision is to create Bitcoin City tax free zone that attracts foreign investment and promotes digital finance. Although IMF has raised concerns El Salvador government is committed to its strategy aiming to increase financial inclusion and simplify remittances and encourage innovation showcasing benefits of cryptocurrency adoption for developing nations.

What El Salvador President Nayib Bukele is doing regarding Bitcoin purchase is good and will have its huge reward, it's just a question of time. I honestly do not know the issue of IMF with Bitcoin and I don't possibly know how Bitcoin could worse hit the economy of El Salvador to warrant IMF playing the card of anti-Bitcoin. Even in a bear market, the country shouldn't be affected if the internal economy is good and sustainable on its own, the IMF should consider the Bitcoin investment as a long-term asset purchase movement that will eventually prove to be a more valuable national asset. After all, countries by bonds etc.

Every step of Nayib Bukele with Bitcoin has been successful and he will be successful in all the steps he has taken for the future, but I think the conditions that the IMF has given for the loan recently are definitely a big obstacle for the development of El Salvador. The IMF is a large global lending institution, they give large amounts of loans. They will never encourage investments that have a normal risk so that there is no delay or obstacle in paying the installments of the loan they have. I think the IMF has given the condition to ban the use of Bitcoin only for its own convenience. And if this is implemented, the country will definitely fall behind. I think Nayib Bukele must take the appropriate policy to move his country forward.

If necessary, he can go to other lending institutions or he can adopt a good policy on how to keep this trend of Bitcoin usage active by reducing the amount of loans. He has to take risks for the long term good and I believe that if he can succeed in this journey, the IMF will not think of imposing any such restrictions in the future.

[betswift]

El Salvador's Bitcoin investment confidence should be stronger, although it has banned the purchase of Bitcoin, but he has proven it by breaking the ban and buying Bitcoin and standing tall in front of the whole world.
Because Nayeb Bukele knows that Bitcoin can play the biggest role in the economy of El Salvador, that's why he buys 1 Bitcoin every day and sometimes buys deep, as evidenced by the fact that he bought four Bitcoins by taking out a loan.
And they now have a total of 6101 Bitcoins, El Salvador's President Nayeb Bukele has continued to buy Bitcoin, which makes their holdings more reliable.

El Salvador President Nayib Bukele is confident in Bitcoin despite IMF concerns. He continues to buy Bitcoin believing it will boost economic growth and financial inclusion in El Salvador. Country now holds almost 6101 Bitcoins worth around $549.5 million. Bukele vision is to create Bitcoin City tax free zone that attracts foreign investment and promotes digital finance. Although IMF has raised concerns El Salvador government is committed to its strategy aiming to increase financial inclusion and simplify remittances and encourage innovation showcasing benefits of cryptocurrency adoption for developing nations.

IMF will continue its tail hunt until they would see much of the resistance or if the target obliges to take two steps back from the one it did forward.

That's their logic and it doesn't change.

[coinremitter]

Trump's announcement of a Crypto Strategic Reserve (holding BTC, ETH, XRP, SOL, and ADA) is a major signal of institutional and governmental interest in digital assets. This could mark a shift toward broader crypto adoption and integration into national financial strategies.

If true, it raises key questions:
- Will this lead to clearer regulations and mainstream acceptance?
- How will it impact the market and investor confidence?
- Could other governments follow suit and establish their own crypto reserves?
Regardless of political views, this move could significantly influence the future of crypto in both the U.S. and global markets. What are your thoughts—bullish or skeptical?

[Lida93]

The IMF is seeking to block 🇸🇻 El Salvador from buying more Bitcoin and refrain from issuing Bitcoin-backed debt or tokens as a condition of its 💵 $1.4B loan agreement.

https://x.com/BitcoinNewsCom/status/1896910275821113575?t=RWY8w4EFhVqtyQbcBkwWzQ&s=19

Even if the IMF wanted to stop El Salvador from buying Bitcoin, I don't think they would ever succeed because they have done this before but Naiyb Bukele  has been buying Bitcoin regularly. At present he is doing the same, that is he has been buying Bitcoin despite the ban. As a proof of El Salvador that has not stopped buying Bitcoin at present, you can check their portfolio, that they already have 6101 Bitcoins in the investment portfolio. So it is proved that the country first legalized Bitcoin would not stop buying Bitcoin in any way.

President Nayib Bukele said it all in this tweet that they will never stop buying Bitcoin.

In this case it's left for the president of El Salvador  Naiyb Bukele to weigh both options, between that of buying more bitcoins for the future and that of the loan to be given to his country. Or just maybe  Bukele must have weighed what he stands to gain better continually buying bitcoin and that's why he has never stopped buying even from the very first time IMF issued him a warning to stop in the way he is going.

One thing is clear here, which is, IMF are just scared, scared they would lose control of El Salvador in the future as Bukele ROI in bitcoin would definitely threaten their relevance to the country's economy.  IMF is majorly funded by the US as member country, right? Yet the US is pushing on towards bitcoin strategic reserve but the so-called IMF is trying to restrain another country (El Salvador, athe first country to officially make BTC a legal tender) with a loan clause. Like am I the only one getting the gig here that perhaps someone doesn't want to have a competitor.

[JayJuanGee]

El Salvador's Bitcoin investment confidence should be stronger, although it has banned the purchase of Bitcoin, but he has proven it by breaking the ban and buying Bitcoin and standing tall in front of the whole world.
Because Nayeb Bukele knows that Bitcoin can play the biggest role in the economy of El Salvador, that's why he buys 1 Bitcoin every day and sometimes buys deep, as evidenced by the fact that he bought four Bitcoins by taking out a loan.
And they now have a total of 6101 Bitcoins, El Salvador's President Nayeb Bukele has continued to buy Bitcoin, which makes their holdings more reliable.

El Salvador President Nayib Bukele is confident in Bitcoin despite IMF concerns. He continues to buy Bitcoin believing it will boost economic growth and financial inclusion in El Salvador. Country now holds almost 6101 Bitcoins worth around $549.5 million. Bukele vision is to create Bitcoin City tax free zone that attracts foreign investment and promotes digital finance. Although IMF has raised concerns El Salvador government is committed to its strategy aiming to increase financial inclusion and simplify remittances and encourage innovation showcasing benefits of cryptocurrency adoption for developing nations.

What El Salvador President Nayib Bukele is doing regarding Bitcoin purchase is good and will have its huge reward, it's just a question of time. I honestly do not know the issue of IMF with Bitcoin and I don't possibly know how Bitcoin could worse hit the economy of El Salvador to warrant IMF playing the card of anti-Bitcoin. Even in a bear market, the country shouldn't be affected if the internal economy is good and sustainable on its own, the IMF should consider the Bitcoin investment as a long-term asset purchase movement that will eventually prove to be a more valuable national asset. After all, countries by bonds etc.

Every step of Nayib Bukele with Bitcoin has been successful and he will be successful in all the steps he has taken for the future, but I think the conditions that the IMF has given for the loan recently are definitely a big obstacle for the development of El Salvador. The IMF is a large global lending institution, they give large amounts of loans. They will never encourage investments that have a normal risk so that there is no delay or obstacle in paying the installments of the loan they have. I think the IMF has given the condition to ban the use of Bitcoin only for its own convenience. And if this is implemented, the country will definitely fall behind. I think Nayib Bukele must take the appropriate policy to move his country forward.

If necessary, he can go to other lending institutions or he can adopt a good policy on how to keep this trend of Bitcoin usage active by reducing the amount of loans. He has to take risks for the long term good and I believe that if he can succeed in this journey, the IMF will not think of imposing any such restrictions in the future.

Are you crazy?

The IMF is not imposing conditions (supposed concerns about risk) based on any real concerns about risk, but instead they are imposing conditions in  order to try to control El Salvador and to try to stop them from becoming self-sovereign.  The IMF and the world bank and other world wide banking institutions do not get involved in supposedly "helping" other  countries in order to actually empower the other  countries, but instead to control them and to even to contribute to corrupt leaders who will rob from their citizens.  They do not like a leader, like Bukele, who is not willing to sell out his people in order to follow the unjust and disempowering mandates of the external forces... which they do through loans, finances and even re-jiggering loan terms after the loan had already been entered into.

The IMF is not even close to acting in good faith with  El Salvador and likely most (if not all) the countries that enter into those kinds of loan agreements.

[Popkon6]

Every step of Nayib Bukele with Bitcoin has been successful and he will be successful in all the steps he has taken for the future, but I think the conditions that the IMF has given for the loan recently are definitely a big obstacle for the development of El Salvador. The IMF is a large global lending institution, they give large amounts of loans. They will never encourage investments that have a normal risk so that there is no delay or obstacle in paying the installments of the loan they have. I think the IMF has given the condition to ban the use of Bitcoin only for its own convenience. And if this is implemented, the country will definitely fall behind. I think Nayib Bukele must take the appropriate policy to move his country forward.

If necessary, he can go to other lending institutions or he can adopt a good policy on how to keep this trend of Bitcoin usage active by reducing the amount of loans. He has to take risks for the long term good and I believe that if he can succeed in this journey, the IMF will not think of imposing any such restrictions in the future.

The IMF is a lending institution that has given a loan to the country of El Salvador, and with that money, Nayib Bukele has purchased Bitcoin. According to the agreement or conditions that the IMF has imposed on El Salvador, they are basically trying to control El Salvador. You see, if El Salvador had obeyed them, they would have given more big conditions, Nayib Bukele has broken the conditions and bought Bitcoin, which has created more attention for Bitcoin. Nayib Bukele is never ready to give away the rights of the people to others, because he has proven this by breaking the conditions given by the IMF.
Because he is holding Bitcoin for the benefit of all the people and to play a role in the country's economy, he has been behind this Bitcoin holding since the beginning and has taken all kinds of steps to teach people about Bitcoin.
From children to adults, he has taught all young people, young people and teenagers about Bitcoin and in various school institutions.

[reagansimms]

~~~

The IMF is a lending institution that has given a loan to the country of El Salvador, and with that money, Nayib Bukele has purchased Bitcoin. According to the agreement or conditions that the IMF has imposed on El Salvador, they are basically trying to control El Salvador. You see, if El Salvador had obeyed them, they would have given more big conditions, Nayib Bukele has broken the conditions and bought Bitcoin, which has created more attention for Bitcoin. Nayib Bukele is never ready to give away the rights of the people to others, because he has proven this by breaking the conditions given by the IMF.
Because he is holding Bitcoin for the benefit of all the people and to play a role in the country's economy, he has been behind this Bitcoin holding since the beginning and has taken all kinds of steps to teach people about Bitcoin.
From children to adults, he has taught all young people, young people and teenagers about Bitcoin and in various school institutions.

Nayib Bukele firm stance has attracted the attention of many parties, despite pressure from the IMF to stop his activities of accumulating at least one BTC per day, but he remains committed to continuing his strategy towards Bitcoin. He will continue to try to improve El Salvador's economy in his own way and most importantly for this strategy to work perfectly it must get a positive response from state officials and its people. Bukele courage is commendable, even under pressure, he continues to strive to increase economic growth to make El Salvador a regional innovation hub.

[IQ.cash]

El Salvador begins the search for the 3rd generation of bitcoin & Lightning devs as @cuboplus prepares for the Class of 2025 to begin in April. Bitcoin Country is leading the way into the future with a world-class education program and a population eager to learn from the best.

source:
https://x.com/bitcoinofficesv/status/1898361102100046264?t=e5-nJAGDVLWxAGmeIvfYwA&s=19