ultrloa
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July 25, 2025, 10:51:28 PM |
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This is interesting, I hope it's true. I tried to find out more through account x, which is your source. It turns out that since 2024, according to the news, the Crypto curriculum has indeed been implemented in 2024. This means that the conditions there have been designed by Nayeb and are already part of the education system. This means Nayeb is serious about development and realizes that education from the start is a good way to build a community that understands the blockchain system, so they can adopt and implement it in the future. I think this is an update towards what happened from last year and they show in this channel that they succeed to educate young people on how to set up nodes or even get more knowledge about Bitcoin. Although same as you I can't find some articles about it but let see in upcoming days maybe some article writers will release an update towards the latest thing happening in El Salvador. I really find those things a great way to shape up the future of their students.
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LDL
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July 26, 2025, 01:48:29 AM |
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El Salvador’s Bitcoin reserve fails to help the average citizen — NGO execChanges to El Salvador's Bitcoin laws under the IMF agreement put the benefits of BTC even further out of reach for the average resident. El Salvador's bitcoin reserve has had limited impact on the broader population, and the country’s loan agreement with the International Monetary Fund (IMF) may further complicate its Bitcoin strategy, according to Quentin Ehrenmann, general manager at My First Bitcoin, a non-governmental organization (NGO) focused on Bitcoin adoption. Ehrenmann told Reuters that repealing the Bitcoin legal tender laws under the IMF agreement has created a vacuum in public BTC education or state-led adoption initiatives. In a translated statement, he told the news outlet: “Since the government entered into this contract with the IMF, Bitcoin is no longer legal tender, and we haven't seen any other effort to educate people. The government, apparently, continues to accumulate Bitcoin, which is beneficial for the government — it's not directly good for the people.” The Central American country also agreed not to purchase any new BTC under the agreement, a detail that was confirmed in a recent IMF report, which contradicted claims by El Salvador’s Bitcoin Office that the country is accumulating BTC daily. El Salvador’s legislature rolled back public sector involvement in Bitcoin in January to remain compliant under the IMF loan deal, sparking debate about whether the country’s Bitcoin experiment ended in failure. Information from: El Salvador’s Bitcoin Reserve Fails to Help the Average Citizen — NGO Exec https://share.google/nNjndjLD9GkuUezNa
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JayJuanGee
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Self-Custody is a right. Say no to "non-custodial"
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July 26, 2025, 04:22:27 AM |
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El Salvador’s Bitcoin reserve fails to help the average citizen — NGO execChanges to El Salvador's Bitcoin laws under the IMF agreement put the benefits of BTC even further out of reach for the average resident. El Salvador's bitcoin reserve has had limited impact on the broader population, and the country’s loan agreement with the International Monetary Fund (IMF) may further complicate its Bitcoin strategy, according to Quentin Ehrenmann, general manager at My First Bitcoin, a non-governmental organization (NGO) focused on Bitcoin adoption. Ehrenmann told Reuters that repealing the Bitcoin legal tender laws under the IMF agreement has created a vacuum in public BTC education or state-led adoption initiatives. In a translated statement, he told the news outlet: “Since the government entered into this contract with the IMF, Bitcoin is no longer legal tender, and we haven't seen any other effort to educate people. The government, apparently, continues to accumulate Bitcoin, which is beneficial for the government — it's not directly good for the people.” The Central American country also agreed not to purchase any new BTC under the agreement, a detail that was confirmed in a recent IMF report, which contradicted claims by El Salvador’s Bitcoin Office that the country is accumulating BTC daily. El Salvador’s legislature rolled back public sector involvement in Bitcoin in January to remain compliant under the IMF loan deal, sparking debate about whether the country’s Bitcoin experiment ended in failure. Information from: El Salvador’s Bitcoin Reserve Fails to Help the Average Citizen — NGO Exec https://share.google/nNjndjLD9GkuUezNa Bullshit. This comes off as a superficial conclusory hit piece. There is a presumption that living within your means and building up savings based on sound money is not good for the people, when we know in fact that crazy ass spending and governments going into buku debt is not good for the people, either.
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1) Self-Custody is a right. Resist being labelled as: "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Die_empty
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Give all before death
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July 26, 2025, 01:04:13 PM Merited by JayJuanGee (1) |
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El Salvador’s Bitcoin reserve fails to help the average citizen — NGO exec El Salvador's bitcoin reserve has had limited impact on the broader population, and the country’s loan agreement with the International Monetary Fund (IMF) may further complicate its Bitcoin strategy, according to Quentin Ehrenmann, general manager at My First Bitcoin, a non-governmental organization (NGO) focused on Bitcoin adoption. How would this so-called NGO claim that the country’s Bitcoin reserve has no effect on the population? The country is already making profits from its Bitcoin holding, and this might keep increasing in the future as they keep hodling. It is even the debt that has a negative impact because the country would have to pay interest. “Since the government entered into this contract with the IMF, Bitcoin is no longer legal tender, and we haven't seen any other effort to educate people. The government, apparently, continues to accumulate Bitcoin, which is beneficial for the government — it's not directly good for the people.”
There have been numerous Bitcoin awareness programs going on in El Salvador. We have seen different updates from this thread about some good enlightenment projects in schools and other sectors about Bitcoin.
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Just Common
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July 26, 2025, 01:14:08 PM |
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Smart Infrastructure: El Salvador Is Building a New Future. From Stalled Projects to National Symbols.  El Salvador is undergoing a visible transformation through a wave of smart, large-scale infrastructure projects. With strategic public investment and international partnerships, the country is modernizing its cities, roads, and energy systems, while also correcting the failures of past administrations. One of the most symbolic examples is the 3 de Febrero Hydroelectric Power Plant, formerly known as El Chaparral—a stalled and corruption-ridden project abandoned by previous left-wing governments. Under President Nayib Bukele, it was completed, renamed, and now contributes clean energy to the national grid. Healthcare and Animal Welfare Innovation Hospital El Salvador is now the largest infectious disease hospital in Central America, built during the COVID-19 pandemic with cutting-edge technology and hundreds of ICU beds. It symbolizes the country’s capacity for rapid, specialized healthcare development. Chivo Pets is the first public veterinary hospital in El Salvador, offering free services and modern facilities. This initiative highlights the government’s inclusive vision for both human and animal well-being. Further fueling this growth, foreign investment is also visible in major projects such as the newly inaugurated Google building in San Salvador, providing state-of-the-art technology infrastructure and creating thousands of skilled jobs. In addition, the upcoming Tether Tower is poised to become a landmark of innovation and economic dynamism in the country, signaling confidence from global tech enterprises. A Visionary Call to Action President Nayib Bukele has often emphasized the importance of transparency and good governance in transforming El Salvador’s future. As he powerfully stated: “Money stretches further when no one steals.” This principle underpins the nation’s infrastructure renaissance—where accountability and determination combine to build a prosperous, modern, and inclusive El Salvador for all. https://elsalvadorinenglish.com/2025/07/25/smart-infrastructure-el-salvador-is-building-a-new-future/
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ruykeri
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July 26, 2025, 06:42:44 PM |
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After Nayib Bukele became president El Salvador became the first country to recognize Bitcoin in 2021. It was a groundbreaking decision. And the only country in the world where the most people have owned Bitcoin at some point . About 72% of the country's population has owned Bitcoin at some point of time. https://x.com/TFTC21/status/1948533743385543132
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As-Soon-As
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July 27, 2025, 03:33:36 AM |
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After Nayib Bukele became president El Salvador became the first country to recognize Bitcoin in 2021. It was a groundbreaking decision. And the only country in the world where the most people have owned Bitcoin at some point . About 72% of the country's population has owned Bitcoin at some point of time. https://x.com/TFTC21/status/1948533743385543132El Salvador has been holding Bitcoin for a long time and is currently on the path to success, it is natural to be jealous when the rest of the world only looks at the success of El Salvador. However, no matter what, we will say that El Salvador has won as a Bitcoin country, and El Salvador has broken all barriers and launched Bitcoin holding in Bitcoin again. Nayib Bukele did not care about the sanctions imposed by the IMF and the jealousy of the haters. The proof of that is that El Salvador has 6250.18 Bitcoins, so you can say that El Salvador's Bitcoin adoption is challenging, they have faced the most obstacles in accepting Bitcoin. Bitcoin Purchase: https://x.com/bitcoinofficesv/status/1949267563105390878?t=5QxjavRyf8to1UfDQ7yH1A&s=19
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reagansimms
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July 27, 2025, 04:40:38 AM |
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~~~
El Salvador has been holding Bitcoin for a long time and is currently on the path to success, it is natural to be jealous when the rest of the world only looks at the success of El Salvador. However, no matter what, we will say that El Salvador has won as a Bitcoin country, and El Salvador has broken all barriers and launched Bitcoin holding in Bitcoin again. Nayib Bukele did not care about the sanctions imposed by the IMF and the jealousy of the haters. The proof of that is that El Salvador has 6250.18 Bitcoins, so you can say that El Salvador's Bitcoin adoption is challenging, they have faced the most obstacles in accepting Bitcoin. Bitcoin Purchase: https://x.com/bitcoinofficesv/status/1949267563105390878?t=5QxjavRyf8to1UfDQ7yH1A&s=19El Salvador continues to see remarkable success with the Bitcoin investment strategy initiated by President Nayib Bukele since 2021. While other countries are certainly envious of the incredible success of Bitcoin's investment strategy, El Salvador's boldness in recognizing Bitcoin as legal tender is a revolutionary step taken by Nayib Bukele in increasing financial inclusion in his country. Despite increasing external pressures such as sanctions from the IMF, Bukele continues to show continued support for pro-Bitcoin policies, as evidenced by El Salvador continuing to add more Bitcoin to its National Treasury. The publicly reported Bitcoin holdings demonstrate Bukele commitment to making the country a Bitcoin pioneer despite external obstacles and pressure.
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G_Besar
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July 27, 2025, 06:31:19 AM |
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El Salvador continues to see remarkable success with the Bitcoin investment strategy initiated by President Nayib Bukele since 2021. While other countries are certainly envious of the incredible success of Bitcoin's investment strategy, El Salvador's boldness in recognizing Bitcoin as legal tender is a revolutionary step taken by Nayib Bukele in increasing financial inclusion in his country. Despite increasing external pressures such as sanctions from the IMF, Bukele continues to show continued support for pro-Bitcoin policies, as evidenced by El Salvador continuing to add more Bitcoin to its National Treasury. The publicly reported Bitcoin holdings demonstrate Bukele commitment to making the country a Bitcoin pioneer despite external obstacles and pressure. The obstacles and external pressures Bukele has faced so far will not deter him from supporting Bitcoin as a future investment and legal tender in El Salvador. I am also quite impressed by the work Bukele has done in El Salvador. He is truly committed to this cause, and he continues to implement his plan without any intention of backing down despite the ongoing pressures and obstacles he must overcome. And with the increase in Bitcoin prices during this month, the country of El Salvador has also had more advantages so that this move driven by Bukele has also gained more support internally and also externally.
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Taskford
Legendary
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Top-tier crypto casino and sportsbook
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July 27, 2025, 09:52:56 AM Merited by JayJuanGee (1) |
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El Salvador’s Bitcoin reserve fails to help the average citizen — NGO execChanges to El Salvador's Bitcoin laws under the IMF agreement put the benefits of BTC even further out of reach for the average resident. El Salvador's bitcoin reserve has had limited impact on the broader population, and the country’s loan agreement with the International Monetary Fund (IMF) may further complicate its Bitcoin strategy, according to Quentin Ehrenmann, general manager at My First Bitcoin, a non-governmental organization (NGO) focused on Bitcoin adoption. Ehrenmann told Reuters that repealing the Bitcoin legal tender laws under the IMF agreement has created a vacuum in public BTC education or state-led adoption initiatives. In a translated statement, he told the news outlet: “Since the government entered into this contract with the IMF, Bitcoin is no longer legal tender, and we haven't seen any other effort to educate people. The government, apparently, continues to accumulate Bitcoin, which is beneficial for the government — it's not directly good for the people.” The Central American country also agreed not to purchase any new BTC under the agreement, a detail that was confirmed in a recent IMF report, which contradicted claims by El Salvador’s Bitcoin Office that the country is accumulating BTC daily. El Salvador’s legislature rolled back public sector involvement in Bitcoin in January to remain compliant under the IMF loan deal, sparking debate about whether the country’s Bitcoin experiment ended in failure. Information from: El Salvador’s Bitcoin Reserve Fails to Help the Average Citizen — NGO Exec https://share.google/nNjndjLD9GkuUezNa Bullshit. This comes off as a superficial conclusory hit piece. There is a presumption that living within your means and building up savings based on sound money is not good for the people, when we know in fact that crazy ass spending and governments going into buku debt is not good for the people, either. It really seems that there's a massive negative campaigns happening now to discredit all the efforts done by current administration of El Salvador. Its really crazy for them to post that claim since its individual effort to make their lives became better. If they don't do something then for sure they won't feel the effect of it. But maybe they are just denial and don't see those good changes happening on El Salvador. I can accept more the fact that their country became more known for the positive things they have done when they adapt Bitcoin and other policy created and their action to educate young people would bring more long term result for their country. That NGO is just creating mess and for sure people won't listen on those propaganda since as we can see Nayib Bukele get high trust rating from their citizens.
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JayJuanGee
Legendary
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Activity: 4410
Merit: 14229
Self-Custody is a right. Say no to "non-custodial"
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July 27, 2025, 07:52:43 PM |
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El Salvador’s Bitcoin reserve fails to help the average citizen — NGO execChanges to El Salvador's Bitcoin laws under the IMF agreement put the benefits of BTC even further out of reach for the average resident. El Salvador's bitcoin reserve has had limited impact on the broader population, and the country’s loan agreement with the International Monetary Fund (IMF) may further complicate its Bitcoin strategy, according to Quentin Ehrenmann, general manager at My First Bitcoin, a non-governmental organization (NGO) focused on Bitcoin adoption. Ehrenmann told Reuters that repealing the Bitcoin legal tender laws under the IMF agreement has created a vacuum in public BTC education or state-led adoption initiatives. In a translated statement, he told the news outlet: “Since the government entered into this contract with the IMF, Bitcoin is no longer legal tender, and we haven't seen any other effort to educate people. The government, apparently, continues to accumulate Bitcoin, which is beneficial for the government — it's not directly good for the people.” The Central American country also agreed not to purchase any new BTC under the agreement, a detail that was confirmed in a recent IMF report, which contradicted claims by El Salvador’s Bitcoin Office that the country is accumulating BTC daily. El Salvador’s legislature rolled back public sector involvement in Bitcoin in January to remain compliant under the IMF loan deal, sparking debate about whether the country’s Bitcoin experiment ended in failure. Information from: El Salvador’s Bitcoin Reserve Fails to Help the Average Citizen — NGO Exec https://share.google/nNjndjLD9GkuUezNa Bullshit. This comes off as a superficial conclusory hit piece. There is a presumption that living within your means and building up savings based on sound money is not good for the people, when we know in fact that crazy ass spending and governments going into buku debt is not good for the people, either. It really seems that there's a massive negative campaigns happening now to discredit all the efforts done by current administration of El Salvador. Its really crazy for them to post that claim since its individual effort to make their lives became better. If they don't do something then for sure they won't feel the effect of it. But maybe they are just denial and don't see those good changes happening on El Salvador. I can accept more the fact that their country became more known for the positive things they have done when they adapt Bitcoin and other policy created and their action to educate young people would bring more long term result for their country. That NGO is just creating mess and for sure people won't listen on those propaganda since as we can see Nayib Bukele get high trust rating from their citizens. People still listen to and follow various hit pieces, even if they are based on disinformation, and sure they might not completely believe the pieces, but the pieces still have effects - unless there is a great backlash and Streisand effect, which means that the people end up doing and/or believing the opposite... which surely it happens sometimes, but disinformaiton and misinformation does have some effects.. that even cause some folks to believe aspects of the disinformation/misinformation.
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1) Self-Custody is a right. Resist being labelled as: "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Nothingtodo
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July 27, 2025, 09:43:07 PM Last edit: July 27, 2025, 09:53:59 PM by Nothingtodo |
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8 Young Salvadorian Talents Certificated at Lugano Switzerland After Concluded Special Training Eight talented young people from El Salvador were awarded certificates after completing special training in Switzerland. This is the first time in the world that a certificate has been awarded on Bitcoin. Out of 21 talented students from around the world, 8 talented students from El Salvador got the chance and their journey has ended by introducing Salvador to the world as Bitcoin City. During this week-long workshop, they were trained by various Bitcoin experts and learned about the various important roles of Bitcoin. They were trained on how Bitcoin can be adopted in a country and help in economic development. They were informed about international payment systems, POS, social networks. Above all, Salvador is at the forefront of educating and certifying young people about Bitcoin, showing other countries around the world that if a young generation can be made aware of Bitcoin, economic liberation is definitely possible in the country.
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As-Soon-As
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July 28, 2025, 01:11:26 AM |
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~~~
El Salvador has been holding Bitcoin for a long time and is currently on the path to success, it is natural to be jealous when the rest of the world only looks at the success of El Salvador. However, no matter what, we will say that El Salvador has won as a Bitcoin country, and El Salvador has broken all barriers and launched Bitcoin holding in Bitcoin again. Nayib Bukele did not care about the sanctions imposed by the IMF and the jealousy of the haters. The proof of that is that El Salvador has 6250.18 Bitcoins, so you can say that El Salvador's Bitcoin adoption is challenging, they have faced the most obstacles in accepting Bitcoin. Bitcoin Purchase: https://x.com/bitcoinofficesv/status/1949267563105390878?t=5QxjavRyf8to1UfDQ7yH1A&s=19El Salvador continues to see remarkable success with the Bitcoin investment strategy initiated by President Nayib Bukele since 2021. While other countries are certainly envious of the incredible success of Bitcoin's investment strategy, El Salvador's boldness in recognizing Bitcoin as legal tender is a revolutionary step taken by Nayib Bukele in increasing financial inclusion in his country. Despite increasing external pressures such as sanctions from the IMF, Bukele continues to show continued support for pro-Bitcoin policies, as evidenced by El Salvador continuing to add more Bitcoin to its National Treasury. The publicly reported Bitcoin holdings demonstrate Bukele commitment to making the country a Bitcoin pioneer despite external obstacles and pressure. Not only Nayib Bukele's Bitcoin holding was successful, I am most happy that he has taken all kinds of steps to educate the people of his country about Bitcoin. Nayib Bukele has succeeded by using the power of the people and is still continuing to hold Bitcoin despite the obstacles of the IMF and various Bitcoin haters. At the root of all this is the power of the people of El Salvador, without the support of the people, El Salvador cannot move forward in any way. His highest step has been to educate his people about Bitcoin by taking various steps, he is the person who is above success in all aspects at present, the President of El Salvador, Nayib Bukele.
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Popkon6
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July 28, 2025, 08:18:23 AM Merited by JayJuanGee (1) |
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El Salvador Insists It’s Buying Bitcoin Despite IMF Saying Otherwise El Salvador has confirmed a new Bitcoin purchase worth $948,392, contradicting recent claims by the International Monetary Fund (IMF). The financial regulator argues that internal wallet transfers are being misrepresented as new buys, raising concerns about transparency. Meanwhile, El Salvador is expanding its Bitcoin education initiatives, training over 80,000 civil servants and launching youth-focused programs. Source link: https://beincrypto.com/el-salvador-bitcoin-purchase-claim-controversy/
I am very pleased that the government of El Salvador, Nayib Bukele, has purchased Bitcoin because he has been holding Bitcoin in defiance of the IMF ban. And I am even more confident that a youth-centered program has been launched to educate 80,000 government employees about Bitcoin. The people of El Salvador are so confident that they have no problem learning about Bitcoin and learning about Bitcoin, today's post has revealed more. If 80,000 employees can learn about Bitcoin, then El Salvador will definitely take a step forward.
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Taskford
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Top-tier crypto casino and sportsbook
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July 28, 2025, 08:51:37 AM Merited by JayJuanGee (1) |
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It really seems that there's a massive negative campaigns happening now to discredit all the efforts done by current administration of El Salvador. Its really crazy for them to post that claim since its individual effort to make their lives became better. If they don't do something then for sure they won't feel the effect of it.
But maybe they are just denial and don't see those good changes happening on El Salvador. I can accept more the fact that their country became more known for the positive things they have done when they adapt Bitcoin and other policy created and their action to educate young people would bring more long term result for their country. That NGO is just creating mess and for sure people won't listen on those propaganda since as we can see Nayib Bukele get high trust rating from their citizens.
People still listen to and follow various hit pieces, even if they are based on disinformation, and sure they might not completely believe the pieces, but the pieces still have effects - unless there is a great backlash and Streisand effect, which means that the people end up doing and/or believing the opposite... which surely it happens sometimes, but disinformaiton and misinformation does have some effects.. that even cause some folks to believe aspects of the disinformation/misinformation. Those traditional people who believe that IMF is decent institution would provably believe on the disinformation they spread. But those people have critical thinking would provably not gonna believe easily on their propaganda's they release. Its good that base on what we read especially those people who knows crypto they didn't believe on what IMF says since its clear that they want to manipulate peoples mind and think about El Salvador leaders is doing bad thing on their country. Those disinformation/misinformation really have effect and we cannot take that there are people still believe on their propaganda. I see those no coiner or don't have knowledge on Bitcoin is easy to manipulate and provably they believe on what they say because they don't know nor have idea on how everything works especially on the developments happened since El Salvador adopt or invest on Bitcoin.
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BTC_pokaop
Member

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Activity: 150
Merit: 39
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July 28, 2025, 09:49:37 AM |
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One-Two: IMF Reiterates That El Salvador Is Just Shuffling Bitcoin IMF reiterated that the number of bitcoins accumulated in the wallets of El Salvador had not changed and that the increases in the country’s bitcoin reserve fund were due to token shuffling across multiple addresses. The alleged bitcoin purchases by El Salvador are again in the spotlight following new statements made by International Monetary Fund (IMF) authorities. At a press briefing held on July 24, the IMF indirectly called out President Nayib Bukele and the National Bitcoin Office (ONBTC) of El Salvador, reiterating that the bitcoin held by the country had not increased since the $1.4 billion credit agreement was inked by the two parties. see more
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ultrloa
Legendary
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Activity: 3346
Merit: 1440
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July 28, 2025, 10:23:34 PM |
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One-Two: IMF Reiterates That El Salvador Is Just Shuffling Bitcoin IMF reiterated that the number of bitcoins accumulated in the wallets of El Salvador had not changed and that the increases in the country’s bitcoin reserve fund were due to token shuffling across multiple addresses. The alleged bitcoin purchases by El Salvador are again in the spotlight following new statements made by International Monetary Fund (IMF) authorities. At a press briefing held on July 24, the IMF indirectly called out President Nayib Bukele and the National Bitcoin Office (ONBTC) of El Salvador, reiterating that the bitcoin held by the country had not increased since the $1.4 billion credit agreement was inked by the two parties. see more It seems that Nayib Bukele really got the nerves of IMF official and now he became the target of their attacks. I think IMF made enough and got pissed of with them. Since despite of their warnings and advice El Salvador didn't listen to them then continue to buy Bitcoin despite of their past agreements. Now I somehow understand these attacks made by IMF to El Salvador since if it happens that more countries will follow then IMF provably will be in huge trouble since they might lose power and control to more countries in future. Its like they are doing an immediate action to attack and manipulate peoples mind for releasing that kind of statement against El Salvador.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Cossyblack
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July 28, 2025, 11:03:24 PM |
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One-Two: IMF Reiterates That El Salvador Is Just Shuffling Bitcoin IMF reiterated that the number of bitcoins accumulated in the wallets of El Salvador had not changed and that the increases in the country’s bitcoin reserve fund were due to token shuffling across multiple addresses. The alleged bitcoin purchases by El Salvador are again in the spotlight following new statements made by International Monetary Fund (IMF) authorities. At a press briefing held on July 24, the IMF indirectly called out President Nayib Bukele and the National Bitcoin Office (ONBTC) of El Salvador, reiterating that the bitcoin held by the country had not increased since the $1.4 billion credit agreement was inked by the two parties. see more It seems that Nayib Bukele really got the nerves of IMF official and now he became the target of their attacks. I think IMF made enough and got pissed of with them. Since despite of their warnings and advice El Salvador didn't listen to them then continue to buy Bitcoin despite of their past agreements. Now I somehow understand these attacks made by IMF to El Salvador since if it happens that more countries will follow then IMF provably will be in huge trouble since they might lose power and control to more countries in future. Its like they are doing an immediate action to attack and manipulate peoples mind for releasing that kind of statement against El Salvador. You're right the IMF wants to remain relevant in El Salvador since that's what there are fighting for. If the IMF should remain silent while El Salvador continues to stash Bitcoin, maybe other countries who are under the IMF control may start fighting to push the IMF out of their country financial system by also emulating Nayib Bukele strategy of silencing the IMF through to compounding of Bitcoin. If Nayib Bukele continues to stash Bitcoin for more few years then the IMF might loose their positions in the affairs of the country as well for good. The points of the IMF dragging Bukele to the dirts is of no use because he has already made up his mind from the very onset that he remained firm to continuing stashing bitcoin.
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